Friday, October 12, 2007

AG backs LIPA bonuses, but not donations -- Newsday.com

AG backs LIPA bonuses, but not donations -- Newsday.com: "AG backs LIPA bonuses, but not donations BY MARK HARRINGTON 6:25 PM EDT, October 11, 2007
Bonuses are in but charitable contributions unrelated to its energy mission are out at the Long Island Power Authority, following an opinion from state Attorney General Andrew Cuomo.
Newly named LIPA chief executive Kevin Law requested the legal review earlier this year following reports in Newsday last year about the authority's charitable giving and sponsorships in excess of $1 million, as well as bonuses that lifted total pay packages to more than $300,000 for several executives."

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