Constellation to lay off more than 80...

Constellation to lay off more than 800 workers

There are 26 comments on the Baltimore Sun story from Dec 4, 2008, titled Constellation to lay off more than 800 workers. In it, Baltimore Sun reports that:

Constellation Energy Group Inc. will lay off as much as 8 percent of its work force, or more than 800 people, mostly from the commodities trading division that propelled the company to the brink of bankruptcy ...

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Jeff

Greer, SC

#1 Dec 4, 2008
The rich got the gold mine, we got THE BUSH!! God help us all!
Here we go again

Owings Mills, MD

#2 Dec 4, 2008
Hey well maybe Mayo and his attention seeking wife could spend a little more time providing support and help to people that work for them versus spending so much time and MONEY on getting Molly noticed on TV. Their recent actions only prove that they are both a disgrace to CEG and should be removed.
Hold the Mayo

Baltimore, MD

#3 Dec 4, 2008
I wonder if Molly Shattuck, when she appears on Fox's upcoming show "Secret Millionaires"--which features "a group of millionaires who go undercover, posing as average people, to find others worthy of financial help"--is going to help out one of her hubby's ex-employees.
Somehow, I don't think so.
jtr

Pleasanton, CA

#4 Dec 4, 2008
Normally, the first to go are the newbies and the old guys. Wanna bet Jenna Bush's husband does not get let go in spite of his obvious limitations.
Jerrard

Towson, MD

#5 Dec 4, 2008
Where is O'Malley now. He was all over the front page when Buffett bought CEG, touting that he (O'Malley) saved CEG from disaster by allowing the deal.

The Sun of course wouldn't want to print O'Malley's name in an article showing the downside of his decisions.
trixie

Baltimore, MD

#6 Dec 4, 2008
I don't understand why Mayo Shattuck remains as CEO. If I screwed up things this badly on my job I'd be long gone.

So Molly Shattuck is one of Fox's Millionaires - reportedly giving away money in a poor Shenandoah Valley town as part of their new reality series. Money she made by marrying well and money made by her husband who just laid off 800 workers. Maybe they ought to return their gains made on the backs of the stockholders and employees of Constellation/BGE. I remember when utilities were called "widows and orphans" stocks - low dividends but safe. Now they are "widows and orphan" stocks because the bad decisions made by Mayo Shattuck and company will cost lost lives through health insurance losses, stress of unemployment, etc. Meanwhile, the Shattucks and other CEOs will continue their living the high life and paying no real price for their mismanagement and greed.

(Posted on other forum by mistake)
Taxed Broke

Columbia, MD

#7 Dec 4, 2008
Layoff Mayo and the other Enron cronies. Once you get rid of the Skull and Bones types you could easily cut everybody’s bill literally in half. Why waste time helping out a couple of people in the next State over when you could give everybody in the Baltimore metropolitan area there hard earned money back? These people should all be run out of town with the politicians that allowed this nonsense to happen. All of them are nothing but modern day carpetbaggers.
exbge

Bel Air, MD

#8 Dec 4, 2008
Mayo gets the big Payo and once again the little guy gets the shoveo.
Bill of Baltimore

Catonsville, MD

#9 Dec 4, 2008
Constellation's problems started way before Mayo Shattuck.They go all the way back to Chris Poindexter's reign.Many bad decisions can be questioned since then. The company should have stayed with its core business GAS and ELECTRIC service.Not all of the failed business ventures that tried to conquer and failed at.Many former employee's that are now on pensions and also current employee's and their families have suffered since they thought of their employees's as real people and not just a number on a piece of paper.They have forgot how they became a once sucessful company It is due to the dedicated employee's.Both past and present.
John

Centreville, VA

#10 Dec 4, 2008
No tears for those afford to have a Miss Shirley's in the office.
exbge

Bel Air, MD

#11 Dec 4, 2008
What's a Miss Shirley?
Mike B

Waynesboro, PA

#12 Dec 4, 2008
They should investigate Schattuck and put his sorry hind parts in jail!
John

Centreville, VA

#13 Dec 4, 2008
Miss Shirley's is a high priced gourmet restraunt. They just opened one in the Constellation Energy building. Normal folks can't afford to eat there.
john

Joliet, IL

#14 Dec 4, 2008
John wrote:
Miss Shirley's is a high priced gourmet restraunt. They just opened one in the Constellation Energy building. Normal folks can't afford to eat there.
Venable, a very sizable DC/Balt area law firm, recently located their headquarters to the same building. My hunch is that's Miss Shirley's target for her downtown location.
Phil

Hyattsville, MD

#15 Dec 4, 2008
Jeff wrote:
The rich got the gold mine, we got THE BUSH!! God help us all!
You don't believe in God - just Obama. He will save you though, as he will provide for you unlimited money, sex, and houses. He loves you like a child, becasue he knows you can't make your own responsible decisions. Love him for that, for understanding your limitations.
Phil

Hyattsville, MD

#16 Dec 4, 2008
Taxed Broke wrote:
Layoff Mayo and the other Enron cronies. Once you get rid of the Skull and Bones types you could easily cut everybody’s bill literally in half. Why waste time helping out a couple of people in the next State over when you could give everybody in the Baltimore metropolitan area there hard earned money back? These people should all be run out of town with the politicians that allowed this nonsense to happen. All of them are nothing but modern day carpetbaggers.
Interesting - you know of the skull and crossbones connections, but not of Obama's ties to his Muslim roots. Do you dare to understand?
Anonymous

Annapolis, MD

#17 Dec 4, 2008
exbge wrote:
What's a Miss Shirley?
It's a resaurant that has absolutely nothing to do with Constellation. It happens to be in the lobby of the Constellation building, which also houses other companies and tenants.
Anonymous

Annapolis, MD

#18 Dec 4, 2008
John wrote:
Miss Shirley's is a high priced gourmet restraunt. They just opened one in the Constellation Energy building. Normal folks can't afford to eat there.
That's just where THE RESTAURANT decided to open another location. Has absolutely nothing to do with CE.
Surviving

Baltimore, MD

#19 Dec 4, 2008
George McGowan was the last great CEO of BGE/Constellation.
exbge

Bel Air, MD

#20 Dec 4, 2008
Didn't old geroge bring on Pointdexter?

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