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One day after the bailout bill failed in Congress and the market took its largest point plunge ever, the finance chief of the South's largest utility holding company is watching his bank relationships like a hawk.
Tim Reason, CFO.com | US
October 2, 2008
How hard would it be to be a CFO of a major utility? You go to the mailbox everyday to get revenue. If the cost of doing business goes up, you go to the regulators and ask/demand an increase. Your a monopoly that doesn't have to worry about foreign compeitition or ANY competition.
Posted by Bill Peterson | October 04, 2008 09:27 am
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