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Cleaning up the Lilco mess may take the largest municipal issue ever.

Authors :
Forsyth, Randall W.
Source :
Barron's; 12/11/95, Vol. 75 Issue 50, pMW12, 1p, 1 Black and White Photograph, 3 Graphs
Publication Year :
1995

Abstract

Examines New York Governor George Pataki's proposal to break up Long Island Lighting Co. (Lilco) to effect a cut on electric rates. Sale of the transmission and distribution system to Long Island Power Authority (LIPA); LIPA's refinancing of Lilco's outstanding debt and equity securities; Questions posed by Gimme Credit author Carol Levenson; Reasons why Pataki favors the Lilco breakup.

Details

Language :
English
ISSN :
10778039
Volume :
75
Issue :
50
Database :
Supplemental Index
Journal :
Barron's
Publication Type :
Periodical
Accession number :
9512202091