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U.S. attorney to ask for review of IURC ethics dispute

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U.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.

The Citizens Action Coalition and Common Cause/Indiana last week asked Hogsett to investigate the matter in which commission general counsel Scott Storms continued presiding over some matters involving Charlotte, N.C.-based Duke Energy while seeking a job with Duke.

Hogsett sent the private watchdog groups a letter Friday saying no decision has been made on whether to proceed with an investigation, and the Department of Justice generally doesn't confirm or deny investigations.

FBI spokesman Special Agent Drew Northern says he also can't confirm or deny any investigation.

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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