Word: commonwealthers
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...January 17 this year, thousands of Massachusetts citizens jammed 12 temporary tax centers from Boston to Pittsfield to settle accounts with their consciences and with a vigorous new state revenue department bent on curing what Revenue Commissioner Ira A. Jackson '70 describes as "bad tax habits" in the commonwealth...
...industry might have recovered from the WPPSS debacle, but in recent weeks it has suffered a series of other reversals. In mid-January the federal Nuclear Regulatory Commission denied Illinois' giant Commonwealth Edison a license to operate its new Byron plant, which was nearly completed and had cost $3.7 billion. Reason: the NRC said it had "no confidence" in the quality-control procedures for some of the construction. Three days later, Public Service Co. of Indiana announced that it was canceling all further work on its 2,260-megawatt (MW) Marble Hill plant, half completed at a cost of some...
...ratings for bonds issued by several utilities have been lowered. Moody's Investors Service dropped the ratings on bonds put out by Public Service Co. of Indiana from Baa2 to Ba2 after the company announced that it was abandoning the Marble Hill plant. Standard & Poor's has warned Illinois' Commonwealth Edison that its B1 rating of the utility's commercial paper was put on credit watch because of the NRC's denial of an operating license for the Byron units...
Both Harvard and the Commonwealth have lost a great public servant, teacher, and man. Commissioner of Revenue Ira A. Jackson '68, a former K-School associate dean, mourned the loss of Carballo, saying. "He had miles to go before he slept...
...power station near Rockford, Ill. Regulators said they had "no confidence" in the quality-control procedures for some of the plant's construction. The NRC's move was unprecedented in the commission's history and was more surprising because Byron's operator, Chicago's Commonwealth Edison, is regarded as the most experienced atomic power generator in the U.S. Though Commonwealth is appealing the decision, the NRC'S denial undoubtedly helped accelerate the loss of faith in nuclear power among investors and consumers...