CaptD

Fraud suit filed against Edison

RE: "Andrews & Springer says that Edison's meetings with commission decision-makers were more extensive than the company reported; that the belated admission of secret sessions jeopardizes the settlement that is extremely favorable to utilities, and as a result of these disingenuous actions, the company's financial statements were materially false and misleading. The suit also cites a report by the law firm of Strumwasser & Woocher, arranged by the regulatory commission, describing how the clandestine meetings between Edison and regulators were frequent, pervasive, and sometimes outcome-determinative." They are the latest, since the Reader as already reported that Pomerantz LLP is also looking into wrongdoing http://pomerantzlawfirm.com/. Since SCE is a very deep pocket, expect the list to grow as more insider information comes out and both investors and ratepayers realize that what many of us have been saying is correct, namely that SCE along with their 20% partner SDG&E were covering up the replacement steam generator project debacle and used their influence with the CPUC to shift paying for it away from their shareholders to SoCal ratepayers. # #SanOnofreGate provides an impressive listing of all the articles and/or comment about the coverup that involves both Big Utilities, the CPUC and all the elected Leaders that have allowed this to continue to where we are, but now that an independent investigation is underway (outside of CPUC control) the threat of being held libel has started people to speak out about what has taken place and when it happened. * *The hashtag that will allow you to keep up to date on the ongoing investigation into the multi-billion $ SCE-CPUC ripoff. Just enter it into the Tweeter or Google search bar.
— August 8, 2015 7:45 a.m.

Fraud suit filed against Edison

Until ALJ Darling overturns the entire settlement and recuses herself, she will not only remain part of the problem but will remain tainted by #SanOnofreGate *. If she on the other hand, she does indeed overturn the entire settlement and also recuses herself, then she will be seen as someone that got caught up in the discussions with SCE (who then tried to maneuver her into limiting the "reasonableness" investigation of SCE's operation of San Onofre) by holding her own ex parte conversations "over her head" if she did not play along with SCE. Now by hitting back at SCE (by deciding to "sanction" SCE for dubious statements of its executives) she is attempting to distance herself from those that did have ex parte "meetings versus all those that had ex parte "conversations". This action will buy her some time in order for her to "see how the dust settles" and she can always later recuse herself if it looks like things are going poorly for her, regarding her "involvement". I believe this is just the first of many well calculated maneuvers we will see as all those involved in #SanOnofreGate try their best to sidestep being held in any way responsible for either impeding Justice and/or the "raping" of millions of SoCal ratepayers for anywhere from 3 to 7 BILLION dollars, depending upon what is counted! The other "wild card" is the ongoing investigation that is being done OUTSIDE of the CPUC, and that investigation may provide the FIRE that sets #SanOnofreGate ablaze, since once it becomes known to the attorney General and others that BOTH ex parte discussions and also ex parte meetings were routinely being held, it will not only inviolate the one sided San Onofre "Settlement" but potentially result in criminal charges being filed. BTW: SDG&E has until now been trying very hard to stay in the shadows, but I believe that their emails will also be required to be turned over to investigators, which will then show that SDG&E also had ex parte conversations and/or meeting; so they not only knew about these SCE/CPUC meetings but SDG&E was a party to them (in the very least by "daisy chaining") as they all tried to figure out how to (behind the scenes) best "settle" this investigation in their favor. * *The new hashtag that will allow you to keep up to date on the ongoing investigation into the multi-billion $ SCE-CPUC ripoff.
— August 8, 2015 7:28 a.m.