Top-paid executives

Full story: Baltimore Sun 37
Constellation Energy Group dominated the list of the most highly paid local executives in 2007, a year in which the company's stock price rose nearly 50 percent. Full Story
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Makeshift Patriot

Baltimore, MD

#24 Aug 17, 2008
I wonder how much in taxes these execs and their companies paid to the state and federal goverments. We learned about these guys in history class, weren't they called Robber Barons?
Qstorm376

Washington, DC

#25 Aug 17, 2008
Hey Guys - Mayo got shot down for a membership at Baltimore Country Club !!

Since: Aug 07

Hampstead, MD

#26 Aug 17, 2008
Amazing. The more crooked they are, the more money they make.
OLDIE

Hampstead, MD

#27 Aug 17, 2008
Makeshift Patriot wrote:
I wonder how much in taxes these execs and their companies paid to the state and federal goverments. We learned about these guys in history class, weren't they called Robber Barons?
Yes that is the politically correct term for " THIEF" !
Steve O

Fenton, MO

#28 Aug 17, 2008
It has nothing to do with Mayo, he's just reaping the rewards that our O'gov continues to give him. Thanks PSC!!! Way to lower those prices!!!
Joe Friday

Frederick, MD

#29 Aug 17, 2008
Dude, there is brewed decaf.
Yodey wrote:
questionauthority - "The woman is only 41--give her a break." Dude, what's the big deal??? I said mid-40s, you say 41 - the broad is old and thus a MILF!
I hope your a female - what male would walk around actually knowing a specific non-relevant fact like that??? Heck, if you gave me her bra size - now that MIGHT be significant.
Please, I DO NOT like liberals replying to my comments...stay away questionauthority, ya Nancy Pelosi, granol-eatin, sandal-wearin minority!
Joe Friday

Frederick, MD

#30 Aug 17, 2008
WTF are you talking about? You want the State to produce and deliver power? You can't be serious. Do you know what the conditions are like in Russia?

And your crack about last names shows you are simply unpatriotic at best, but most likely just your ordinary ignorant bigot.
Makeshift Patriot wrote:
Wow, check out the last names of the gents in these pictures. It is no wonder old stereotypes die hard.
Energy is a public need. You can only conserve so much in your home. Deregulation without viable competition was idiotic. I would rather see a state owned monopoly like public water, rather than a private monopoly who can make you die of thirst if it is not "profitable."
We get our energy in the form of Wind Power from Washington Energy, but must still pay BGE for their infrastructure.
The state should seize all energy related infrastructre and producing facilities, so it can turn a profit. We could use the extra revenue, and it may even lower taxes.
If emminint domain can apply to an individual's property, then it should also apply to a business, especially one that serves the public.

Since: Mar 08

Frederick

#31 Aug 17, 2008
The State of Maryland doesn't have enough money to pay fair market value for energy infrastructure. Patriot you have know idea what your proposing.
T-bird

Catonsville, MD

#33 Aug 20, 2008
Fed up in Towson wrote:
How is this different than pro athletes being paid millions? I don't see anyone lining up to cap how much the Ravens' players and coaches can make after they have a 5-11 season. The bottom line: you get whatever you negotiate prior to the job, regardless of your field. Maybe people who don't like this should have negotiated a better salary before they took their current job?
To the guy with a $500 BGE bill -- we have a large house and our bill wasn't nearly that high. In fact, it's lower than last year at the same time because we bought a bunch of fans and don't turn on the AC anymore unless it gets into the 90s. If you hate giving BGE your money, use less power -- it's in your control.
No it's not. I don't go to Ravens games and I rarely go to Orioles games for that reason. I don't want to give up my hard earned money to a bunch of spoiled, overrated athletes. I don't have any choice with BGE, it's a monopoly. I watch the weather closely and if the humidity is going down, all the windows get opened immediately. I'm not giving BGE a penny more than I have to.
Zorro

Gwynn Oak, MD

#34 Aug 23, 2008
Right on! I completely agree with you. And we are not alone in this. If BGE/Constellation wants competition, lets give it to them. BGE wanted a deregulated market to build an interstate monopoly. They did not want the competition. A not-for-profit, state-owned energy company could compete and drive down prices and offer choice to the consumer. Can't be done? Why not? We build multi-million dollar stadiums for professional sports teams with state money and loans. I say have the state keep the rebate to start up the Maryland State Power Company.

"I for one would like to see the State of Maryland build their own power plants and compete with Constellation Energy. This is what happens when we allow a monopoly to develop."
Zorro

Gwynn Oak, MD

#35 Aug 23, 2008
What the heck is fair about an unregulated interstate monopoly??? Before deregulation, BGE and other regulated municipal power companies operated for the public good. They got their supply and fuel from local sources Appalachian coal, uranium, and hydroelectric all of which Maryland did not need to import and was relatively cheap. Since deregulation, power companies have been merging into massive interstate monopolies answerable to no one. Who's idea was this? See Enron, they were there.
Fed up in Towson wrote:
<quoted text>
Why not? Because you don't think it's fair that someone makes more than you? What's next, you'll want to redistribute the wealth of someone who spent their entire life building a business from scratch because they have more money than you? Here's a news flash: life's not fair. You can either complain about it, or work your ass off and improve your lot. There are those who do, and those who whine. Which do you want to be?
<quoted text>
Show me someone who has no AC and gets a $500 / month BGE bill in August -- I'd really like to see that. What, do they have a neon billboard ont their roof? I'm sure you're passionate about your beliefs, but that statement is just silly.
And BTW, conservation (more like supply and demand) is indeed the root of the issue. Look at gas prices -- when it got to $4 / gallon, a significant number of people simply stopped driving, and the prices went back down as the demand dropped. ONLY USE WHAT YOU'RE WILLING TO PAY. I have the windows open and the fan going right now, and the meter outside is going around nice and slow. All energy is going to be more expensive from now on (plus higher energy taxes from all of the people whining about the government to "do something" when nothing can be done -- and how will they replace declining gas tax revenues?).
Bottom line -- you want to pay less to BGE? Use less electricity.
Zorro

Gwynn Oak, MD

#36 Aug 23, 2008
The two billion dollar settlement would be a significant down payment to building a power company owned by the PEOPLE OF MARYLAND which would compete with BGE and win.
Marylander wrote:
The State of Maryland doesn't have enough money to pay fair market value for energy infrastructure. Patriot you have know idea what your proposing.

Since: May 08

Elkton, MD

#37 Aug 23, 2008
Do any of these top paid executives actually live in Maryland? Specifically, Baltimore? If they did, everyone would benefit from lower energy costs. Thank MOM for the sweetheart deal he sruck with these crooks. You guys elected him so along with all of the other messes he has created, you get this one too!

Since: Mar 08

Frederick

#38 Aug 23, 2008
Zorro,
BGE has no generation, they are a distribution company. Plus that money is the rate payers. I guess your going to have the utilities tax the ratepayers and transfer the money to another entity. BGE has to ask for rate increases and they have to be justified by increased costs.

I guess people should learn the system we live in
PacificGatePost

Vernon, Canada

#39 Sep 14, 2008
Evidence, and history, suggests that "balance" is the better part of valor in all our endeavors. Extremes tend to enjoy only fleeting moments of glory.

While we cannot rid the world of “lust, greed, envy, sloth, and their pals” there are some basic common sense elements that must be re-injected into our capitalist system we all know and love.

Let’s start near the top of the economic food chain – the BOARDROOM and the dramatic change that swept through all of North America's boardrooms over the past 30 years. It is one of the underlying causes of the headache the economy is now feeling, but more importantly, it has resulted in the general feeling of "disconnect" felt by most Americans.

Due diligence and oversight long ago slid out the window. No one was watching.

Time to do something about it.

"WE THE SHAREHOLDERS OF YOUR COMPANIES......

http://pacificgatepost.blogspot.com/2008/03/l...
Schlomo

Parkton, MD

#40 Nov 11, 2008
Two of five resigned today! Bye bye Brooks and Persky. Go find some other fool to buy into your derivatives scams
Hayray52

Upperco, MD

#41 Nov 11, 2008
It's funny, all these complaints, and the only company you can complain about is Constellation. Don't buy BD products or invest in LM funds. How about that?

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