Las Vegas Sun

November 28, 2009

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Letter: No such perk for our troops

Tuesday, March 30, 2004 | 9:08 a.m.

So, how does that balance with the following:

The Public Utilities Commission, a watchdog for consumers, has decreed that we (the public) should again pay many millions of dollars to Nevada Power as compensation for inept management. The reasoning: Investors must be guaranteed a minimum return of 10.2 percent on any amount of money invested in the purchase of the utility's stock.

RICHARD LAW

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