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Banks are like the utilities: we need them more than we need most things.
"They had regular meetings among themselves, just like the utilities and energy intensive companies did".
Regrettably, this is true; they're like the utilities – water, electricity, gas or, more appropriate, sewage – I suggested here the other day.
Under the draft plan, some of the dirtiest companies in Europe, like the utilities that operate coal-fired power stations in Eastern European countries including Poland and Hungary, will no longer have to buy all of their pollution allowances starting in 2013 — as the commission had proposed in January under a draft plan.
Where should you put cash to work? "I would move to the sidelines, essentially, but become very defensive in terms of buying yield-oriented investments," says Battagpaglia, suggesting typical recession havens like the utilities sector, fully diversified matured real estate investment trusts and municipal bonds.
The same kind of scandals and blunders that have discredited executives at AIG, General Motors, Merrill Lynch, and Countrywide also destroyed the reputations of their early 20th century counterparts, men like the utilities monopolist Samuel Insull or the New York Stock Exchange President Richard Whitney, who ended up in Sing Sing on a charge of embezzlement.
Similar(54)
I always liked the utility player, the guy who shows up, does the job and is great, sometimes not in the showiest role".
There is a template for this also and you draw these like with the utilities.
"I'm like the utility infielder that leads off now.
The Texas Railroad Commission, like the utility commsssion, is also under sunset review.
"It looked like the utility opportunity was going to start shrinking," Mr. Glynn said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com