Consolidated Edison - Criticism

Criticism

In December 2011, the non-partisan organization Public Campaign released a report criticizing ConEd for spending $1.8 million on lobbying and not paying any taxes during 2008–2010, instead getting $127 million in tax rebates, despite making a profit of $4.2 billion, and increasing executive pay by 82% to $17.4 million in 2010 for its top five executives.

Read more about this topic:  Consolidated Edison

Famous quotes containing the word criticism:

    Parents sometimes feel that if they don’t criticize their child, their child will never learn. Criticism doesn’t make people want to change; it makes them defensive.
    Laurence Steinberg (20th century)

    Cubism had been an analysis of the object and an attempt to put it before us in its totality; both as analysis and as synthesis, it was a criticism of appearance. Surrealism transmuted the object, and suddenly a canvas became an apparition: a new figuration, a real transfiguration.
    Octavio Paz (b. 1914)

    ... criticism ... makes very little dent upon me, unless I think there is some real justification and something should be done.
    Eleanor Roosevelt (1884–1962)