Archive for July, 2010
In case you do not read the Memphis Flyer, there is an article in this week’s issue that I wrote about the MLGW and the millions of your utility dollars that they have spent on pension and mainly on funding their OPEB (Other Post Employment Benefits which is retiree health care costs). An interesting (more…)
I had a quiet July 4th weekend and I spent part of it reading through the newly posted preliminary contract. I asked some associates and readers to give me their thoughts on the terms of the contract. Here are their thoughts along with some of mine which are posted as sticky notes on the attached (more…)
As I read through the final agreement between the City of Memphis and John Elkington, see attached, I am amazed by the terms. Consider the income stream that Performa gets for the next 22 years.