Joe Kennedy's 'Citizens Energy' Enric...

Joe Kennedy's 'Citizens Energy' Enriching Kennedys in Guise of 'Helping Poor'

Posted in the Boston Forum

HellerCarbonCapN TradeLLC

Mclean, VA

#1 Jan 2, 2012
Total compensation paid in FY2008 by Citizens Energy Corp. to the following:
Joseph P. Kennedy II:$596,988
Elizabeth K. Kennedy:$228,962
Peter F. Smith:$443,459

Citizens Energy Corp. is not much more than a tax-exempt scheme to enrich Joseph P. Kennedy II and other Kennedy family members in the guise of 'helping the poor'.
What is the full nature of the sweetheart deal between Citizens Energy Corp. and Hugo Chavez, the Marxist president of Venezuela who controls Citgo, the oil company which supplies Citizens Energy Corp. with home heating oil at a steep discount?
Has any other tax-exempt American charity been able to obtain the same cushy deal from Pres. Chavez as has Joe Kennedy's organization?
How was now-deceased US Senator from Massachusetts Edward M. Kennedy (Joe's uncle) instrumental in seeing to it that Pres. Chavez guaranteed Citizen Energy the deal it needed to make nephew Joe's organization a viable enterprise?
HellerCarbonCapN TradeLLC

Mclean, VA

#2 Jan 2, 2012
IRS FORM 990, Citizens Energy Corp., FY 2008, PDF pg. 21:
HellerCarbonCapN TradeLLC

Mclean, VA

#3 Jan 2, 2012
Further, Joseph P. Kennedy II's hourly compensation from Citizens Energy Corp. calculates to be nearly $1,200 PER HOUR!
For FY2008, Citizens Energy reported to IRS that Mr. Kennedy, Citizen Energy's president and CEO, worked 10 hours per week on average -- TEN HOURS WEEKLY!
Mr. Kennedy's total compensation from Citizen's Energy for Fiscal 2008 was $596,988, divided by 500 hours (10 hours per week for 50 weeks) equals an hourly rate of $1,193.98 per hour.
HellerCarbonCapN TradeLLC

Mclean, VA

#4 Jan 2, 2012
IRS FORM 990, Citizens Energy Corp., FY2008, PDF pg. 8: [

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Boston Discussions

Title Updated Last By Comments
Finding Dope (Jun '13) 20 hr Help 12
News Fisher-Price's new campaign is making a positiv... Mon leticia 16
How Many People Got Kilt In The Hurricane (Aug '11) Aug 30 Redneck 5
Cosby bad Kennedy good Aug 29 The Ghost of Bobb... 4
News Mayor Walsh Announces DriveBoston Program Aug 27 reality is a crutch 1
News Police identify man shot dead in Dorchester (Jan '12) Aug 27 loyalty617 13
More from around the web

Personal Finance

Boston Mortgages