The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or rescntr@ire.org) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "Anaconda river" ...
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Power Outrage: For a Montana Utility, A Gamble on Telecom Looks Like a Bad Call
The Wall Street Journal focuses on the wrong step that Montana Power Co. has undertaken by dumping its generators and chasing a broadband dream, "just as energy takes off." The story reveals that the management team failed "to get shareholders' approval for the company's transformation," and sheds light on an "unusual lawsuit" against the utility, its board, and its senior executives and consultants. The reporter finds that the company's management has been "intoxicated by their stock price," and describes how the chief executives Bob Gannon still "scoffs at the notion that his company made the wrong move."
Tags: business; Wall Street; telecommunications; energy; electricity; stocks and bonds; litigation; shareholders; utility; deregulation; Anaconda river; IPO; PPL Corp.