Posted by 1206SWMO on October 03, 2007 at 22:23:56 from (67.54.185.214):
Our electric coop has assets of 13 million and a debt of 26 million thanks to a crooked CEO and a board that let him do it.He'd been at the coop for 35 years.
He got us in the LP gas business and somehow it lost 6 million dollars,probably most of it in his back pockets.
Since 2000 his salary has totaled $2.8 million dollars and hes been gone most of this year.He got $309,000 in severance pay.He spent $300,000 of the coops money on his house.The list goes on and on.
It looks like the board give him a blank check.Read the link below plus the links the Joplin Globe paper provides in the upper left corner..I'm guessing that our electric rates soon skyrocket.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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