OT First Energy (Ohio) Bribery Scandal
Further validating my conviction that the entire state of Ohio is crooked. Even their Utility company.
Maybe if the FBI follows the money, it could bring down O$U football.
I heard there was some kind of shady collection of coolers throughout the state as part of a biofuel project.
First Energy was also largely responsible for the 2003 Blackout. They ignored NERC standards and hadn’t studied the system sufficiently to realize that an N-1 situation (Loss of a single transmission line) would lead to subsequent overloads, trips, and eventually voltage collapse.
Yet another example of why Ohio is the worst.
Too forward to ask what you do? Not many people regularly throw around the phrase N-1 situation in every day conversation. I ask because I’ve gotten to work on reliability issues related to environmental regulation a fair amount over the years.
Power systems engineer (go figure)
It's as simple as this:
No power-----> no nachos.
There were no enforceable standards in 2003. It was the blackout that gave FERC the power to have NERC (formerly an industry-funded group that developed “best practices”) develop enforceable reliability standards. The first wave of standards became enforceable in 2007.
While FERC lacked the teeth to enforce them in 2003, there were NERC policies requiring the types of studies that First Energy failed to perform.
From the Final Report on the 2003 Blackout, Chapter 3: Causes of the Blackout and Violations of NERC Standards (link):
FE also operates Davis-Besse, where they nearly initiated the worst nuclear accident in the US by falsifying inspections of the reactor vessel head.
Pretty sure Ohio's last speaker stepped down amidst an ethics/bribery scandal as well.
Sort of. Cliff Rosenberger stepped down under FBI investigation, but they had an interim speaker and another guy in there in the year between then and when Householder took over the office.
Ah ok, yeah I thought there might be someone in between them. Thanks!
Politicians are the cheapest whores in the world. Let's talk the legal shit. Give a politician a fat campaign contribution and what value can you extract in the way of favorable legislation or regulation? So the 1 or 2% can get a 10 fold return? May 100 fold. Or more? I'd have more respect for politicians if they insisted on getting a third of the benefit. Then at least they would show a little self respect.
Not to mention that one of the key figures in this scandal is a Borges.
I have a good friend that works for Penelec (who is now a subsidiary of First Energy). When FE bought them out, they started sending execs from FE HQ in ohio to PA, for various reasons..... The Penelec crew started referring to them as FIFOs....
One day a manager asked what that meant...... When they told him, Fucking Idiots From Ohio.... they were told not to use the term any longer.
I laughed, out loud.
Thank you !
FIFO will forever be in my lexicon ...
LOL. Any time I ever see FIFO referring to inventory concepts again I will forever think of this instead.
H/T to you good sir.
It shall now be a standard accounting practice.
Along similar lines, I have a friend who is a pipeline inspector (also in Ohio, but worked all over the Midwest). A lot of the crews he supervises have TAFT (This Aint Fkn Texas) on either their helmets or the tips of their tongue since they often have to deal with guys from there who talk smack about how they lay pipe (hur hur hur) in Texas when that has near zero applicability to doing so in, say, the mountains of SE Ohio
About a year ago ...
"Ohio just passed the worst energy bill of the 21st century" (HB 6, the thing that First Energy allegedly bought)
This was ringing a bell for me and I was wondering if it was related to whatever I read a year ago.
FirstEnergy has also been a key supporter of Ohio House Speaker Larry Householder, one of HB 6’s most fervent proponents. As Jeremy Pelzer reports for the Cleveland Plain-Dealer, FirstEnergy’s PAC “donated more than $5,000 to [Householder’s campaign] and a total of about $149,000 to more than a dozen other House candidates,” mostly Householder’s supporters. Those were among the PAC’s only donations that election cycle.
The support is ongoing. The Energy and Policy Institute (EPI) reports that “Householder has received over $12,500 in campaign contributions from FirstEnergy since the start of the 2017-18 legislative session.” He and one of his sons flew on a FirstEnergy corporate jet to Trump’s inauguration.
Smelled fishy a year ago. Not surprising that the FBI found there was more to it
The funny thing is in the FBI report First Energy is referred to as "Company A" throughout so a movement has started down here to remain First Energy stadium (home of the Browns) as Company A stadium.
Was wondering what my neighbor was referring to when we was saying he’ll miss tailgating at Company A
Householder be Cell Dweller
That's nothing compared to the Detroit City Council.
Gabe Leland is the fifth Detroit City Council member since 2004 to be charged with a felony. This is a look back at his predecessors
let's not forget kwame. and by all accounts, coleman young was a dandy, too.
Tee-troit, I mean Toledo, is having its own issues right now with their City council....Just corruption everywhere.
For some reason I thought the State of Michigan installed oversight of Detroit due to the massive corruption uncovered.
The oversight (Emergency Manager) was due to the financial situation. I believe the state oversight concluded a few years ago.
From what I gathered (and I fully admit I don't know the whole of it), Emergency Managers were, yes, frightening in concept and practice (cf, Flint water), but considering how fucked til next Tuesday those cities' financial ledgers were, you could easily squint and see how they might make sense in those situations.
I've always wondered if the City Council in Detroit was more crooked than other cities, or too stupid to figure out how to cover their tracks.
This type of stuff should make everyone's blood boils. I think we all know government and governing officials have flaws but we like to imagine our elected officials at least generally act in what they perceive to be our best interests. These SOBs took bribes that made their constituents worse off for their own gain. Every last one of them should be in jail for 10-20 years. Too much corruption in this country masked under the guise of 'donations' and 'campaign contributions' plus all the stuff that happens underground
It's Columbus. What else is new?
Dang Ohio, $60 million? Go big or go home.
$60 million in bribes between 5 people ... I shoulda been a politician, except that whole “having morals and a soul” thing ...
My first thought when seeing that yesterday was, "Holy shit, $60 million is a LOT of money for bribes." Like, think about how big the deals have to be for your bribes to run in the eight figures. Bananas.
same kind of shit is going down here in illinois with com ed. hopefully, make madigan (long time speaker of the house) gets his turn in the big house. the feds are all over it.
We have our own power related, Com Edison, scandal in Illinois. Although, now that they've seen Ohio was able to shake $60M of bribes out of the tree, they are going to realize they need to up their game. This is mostly about paying connected people (lawyers) for hours of work they did not perform. Our house speaker is the longest serving in the entire U.S. and that's not something good. This one might finally stick to him.
So you're saying FE is not a good investment right now? I just took a position in the stock today since it was so beat up. 4.55% yield but there will be hell to pay over the scandal. But, people need electricity in the heat of summer and in the cold of winter.
Meh.... every state has politicians so by default every state has corruption in Government.
But Ohio has Les Wexner, mow THAT is a scandalous mother fucker.
And of course he's a BIG contributor to OSU football, too.
Seriously, how have we not talked about the fact that OSU football and Jeffrey epstein got their funding form the same guy????
Columbus resident here. I would be extremely surprised if anything happens to Les Wexner.
I'll preface by saying that, gun to my head, I don't think he was intimately connected with Epstein's crimes. Whatever counter-arguments you have I probably don't disagree with them, but hear me out:
I'll preface with two things that people should know:
a) You know how he has quite a few OSU campus buildings named after him and has donated millions of dollars to various philanthopy type things? That UNDERSELLS the amount of power and influence he exerts in Columbus by a factor of forty bazillion. He is basically the vastly more influential and vastly less public version of Montgomery Burns (to Zach Smith's Homer Simpson)
b) One of the worst kept rumors in town in town is that Wexner, shall we say, enjoys the company of handsome shirtless lads. To be clear, that is completely fine, we're in the 21st century after all, but I understand why a big-time business guy of his age would keep that on the down-low. It's one of those things in Columbus that almost everyone knows and doesn't mention.
At any rate, although Jeffrey Epstein was a shitstain who deserved to die one thing he was undeniably very good at was ingratiating himself with very powerful people. Wexner certainly fits that bill and he also happens to be CEO of a brand that's prime recruiting territory for aspiring models. The other observation I'd make is, as a general rule if you're running a secret sex slavery ring with your own private island, it's best business practice to keep it as secret as possible.
What I suspect is that Wexner wasn't in on the deepest levels of Epstein's abuse but either chose not to know and/or eventually gathered enough to put two and two together after the evidence was too much to ignore. And any federal investigation wouldn't unearth damning evidence about his full complicity but WOULD unearth potentially unflattering details about both his personal and professional life that the notoriously private Wexner would rather keep hidden.
The ONLY reason Epstein was a billionaire was because Wexner gave him a billion dollars and power of attorney to do with the money what he wanted. Wexner is 100% dirty as hell and you're a chump if you believe that the famous people that Epstein "ingratiated" himself with didnt know exactly what he was doing.
Just go and *WATCH (listen to) Whitney Webb's interview with one of the "epstein girls" who lived with the Wexner's for a time, plus was the girl who helped recruit Prince Andrew's "unforgettable" tryst.
Fucking uber level creepy ass fuck.
*edit
I need to get out of Ohio, Anybody wanna hire a Sr. Cancer Researcher Technician? Just another reason....when will the bagmen for O$U be caught by the NCAA?
I was very surprised when they were bailed out. I thought for sure it would fail.
This is embarrassing, but this is Larry Householder. How does anybody vote for this?