FirstEnergy poised to make major budget cuts

May 19, 2009 Full story: Cleveland.com

FirstEnergy Corp. is poised to make major budget cuts. Chief Executive Officer Anthony Alexander said today the company must take action to reduce costs in the wake of last week's power auction and a continuing slide in power demand.

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CLEFIRST

Broadview Heights, OH

#1 May 19, 2009
GREAT. NOW AN INFRASTRUCTURE ALREADY IN DISREPAIR WILL BE FURTHER NEGLECTED. WATCH FOR MORE POWER OUTAGES.
MSHAT

Broadview Heights, OH

#2 Jun 1, 2009
Yes we will see lower electric rates, while the CEO Tony ALexander continues to make his 15 million dollars a year he expects to cut everyone's salaries. The only cuts that should be made are to those people making over 80k a year!!

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