Constellation brought the near-collap...

Constellation brought the near-collapse on itself

There are 42 comments on the Baltimore Sun story from Sep 19, 2008, titled Constellation brought the near-collapse on itself. In it, Baltimore Sun reports that:

If regulators and politicians had just gotten out of Constellation's way, the thinking goes, this week's credit crisis wouldn't have threatened the company with bankruptcy.

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GOPers for Senile POTUS

Towson, MD

#42 Sep 22, 2008
Martin Carrie said:"For a short time it appeared this was going to be a successful experiment, but the current environment has politicians unwilling to have an open, honest discussion of the merits of supporting one of the more ambitious and successful policy initiatives of the past fifty years."

Care to provide any evidence to support this claim???

Dumfries, VA

#43 Sep 25, 2008
Yu Gotabe Jo King wrote:
I don't think so. The Dems saved the state two billion dollars. How did Mayo protect his shareholders when he walked away with a 70 million dollar golden parachute? Constellation collapsed on its own because of poor investments and non-transparent Enronesque dealings. If it had merged with FPL, the high would have been higher and fall would have been much harder. You poor sap. Go have a beer and cry in it.
<quoted text>
How did the state save us 2 Billion? Also you can't say CEG would have failed with FPL because it never got the chance to suceed or fail. OH, I forgot you know it all.

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