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:

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

    However intense my experience, I am conscious of the presence and criticism of a part of me, which, as it were, is not a part of me, but a spectator, sharing no experience, but taking note of it, and that is no more I than it is you. When the play, it may be the tragedy, of life is over, the spectator goes his way. It was a kind of fiction, a work of the imagination only, so far as he was concerned.
    Henry David Thoreau (1817–1862)