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Dec 30th, 2023
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 more on the ercot rip off
#13912031
03/05/21 04:40 PM
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Joined: Sep 2008
Posts: 121,166
hopalong
OP
Pescador Loco
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OP
Pescador Loco
Joined: Sep 2008
Posts: 121,166 |
Texas grid operator made $16 billion price error during winter storm, watchdog says https://www.yahoo.com/finance/news/texas-grid-operator-made-16-085109583.html
Last edited by hopalong; 03/05/21 04:41 PM.
" Hop, set the hook"!
hopalong 99,999
TexDawg 99,999
FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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Re: more on the ercot rip off
[Re: hopalong]
#13912063
03/05/21 04:54 PM
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Joined: Jan 2004
Posts: 72,516
Mark Perry
Super Freak
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Super Freak
Joined: Jan 2004
Posts: 72,516 |
Saw where the ERCOT CEO was fired.....but he gets 8 weeks to remain in position to teach the next CEO how to do it,
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Re: more on the ercot rip off
[Re: hopalong]
#13912070
03/05/21 04:57 PM
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Joined: Apr 2004
Posts: 375
irbf
Angler
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Angler
Joined: Apr 2004
Posts: 375 |
And $800,00 golden parachute.. Imagine how much he could have made if he'd done a good job.
2008 BassCat Puma, 250 ProXS
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Re: more on the ercot rip off
[Re: hopalong]
#13912072
03/05/21 04:58 PM
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Joined: Sep 2008
Posts: 121,166
hopalong
OP
Pescador Loco
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OP
Pescador Loco
Joined: Sep 2008
Posts: 121,166 |
yeah, he at least turned down his golden parachute, 800k for screwing the entire state of Texas would not have looked very good.
" Hop, set the hook"!
hopalong 99,999
TexDawg 99,999
FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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Re: more on the ercot rip off
[Re: hopalong]
#13912177
03/05/21 06:39 PM
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Joined: Apr 2004
Posts: 375
irbf
Angler
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Angler
Joined: Apr 2004
Posts: 375 |
Didn't hear that he turned it down. Right thing to do.
2008 BassCat Puma, 250 ProXS
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Re: more on the ercot rip off
[Re: Mark Perry]
#13912189
03/05/21 06:49 PM
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Joined: Jul 2010
Posts: 75,759
banker-always fishing
Pumpkin Head
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Pumpkin Head
Joined: Jul 2010
Posts: 75,759 |
Saw where the ERCOT CEO was fired.....but he gets 8 weeks to remain in position to teach the next CEO how to do it, Corruption at it's BEST! 
![[Linked Image]](http://imagizer.imageshack.us/v2/xq90/823/ycku.jpg) ![[Linked Image]](http://imagizer.imageshack.us/v2/xq90/560/ukw3.jpg) IGFA World Record Rio Grande Cichlid. Lake Dunlap. John 3:16 Sinner's Prayer. God forgive me a sinner. I accept Jesus Christ as my Savior !
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Re: more on the ercot rip off
[Re: irbf]
#13912211
03/05/21 07:06 PM
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Joined: May 2007
Posts: 40,413
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 40,413 |
Didn't hear that he turned it down. Right thing to do. He should have taken it and gave to the family whose kid froze to death.
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Re: more on the ercot rip off
[Re: hopalong]
#13912213
03/05/21 07:08 PM
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Joined: Jan 2014
Posts: 1,902
fmrmbmlm
Extreme Angler
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Extreme Angler
Joined: Jan 2014
Posts: 1,902 |
How is it he was fired without cause? He was then qualified for the severance.
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Re: more on the ercot rip off
[Re: hopalong]
#13912226
03/05/21 07:15 PM
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Joined: Mar 2004
Posts: 714
minnow
Pro Angler
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Pro Angler
Joined: Mar 2004
Posts: 714 |
He and the others are just being setup to be the patsy in all of this.
I guarantee you they'll all land on their feet down the road after things cool off. If replacing the ERCOT members winds up being the major shakeup here, you'll be shivering in the cold or baking without AC on a 110 degree day soon enough.
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Re: more on the ercot rip off
[Re: hopalong]
#13912515
03/05/21 11:23 PM
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Joined: Jul 2005
Posts: 23,028
Hard Rain
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 23,028 |
The more I read on this in the news the worse it sounds. Very high earning board who simply did not do their jobs. It would very interesting to know if any of them lost power at their own homes during the storm/outage I am pickning they did not. A complete cluster from A to Z hopefully this will bring on serious reform.
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Re: more on the ercot rip off
[Re: Hard Rain]
#13912545
03/05/21 11:53 PM
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Joined: Jan 2004
Posts: 72,516
Mark Perry
Super Freak
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Super Freak
Joined: Jan 2004
Posts: 72,516 |
The more I read on this in the news the worse it sounds. Very high earning board who simply did not do their jobs. It would very interesting to know if any of them lost power at their own homes during the storm/outage I am pickning they did not. A complete cluster from A to Z hopefully this will bring on serious reform. Several live in other states.
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Re: more on the ercot rip off
[Re: hopalong]
#13912561
03/06/21 12:11 AM
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Joined: Jun 2005
Posts: 12,953
DanDaBald
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 12,953 |
As well he should - along with the rest of his "salary".......
 NEVER FORGET 9/11/2001
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Re: more on the ercot rip off
[Re: hopalong]
#13912658
03/06/21 01:33 AM
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Joined: Jul 2007
Posts: 1,266
Tsunami_1
Extreme Angler
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Extreme Angler
Joined: Jul 2007
Posts: 1,266 |
Not wanting to start a fight but what exactly did ERCOT do that you have issues with? Their job as I understand it is to manage and protect the grid. They do not have control over the generation. They safely distribute what power is available. If you're a gas station owner and the refineries don't produce fuel for you to sell is that your fault?
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Re: more on the ercot rip off
[Re: hopalong]
#13912663
03/06/21 01:39 AM
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Joined: Jan 2011
Posts: 292
wiredog
Angler
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Angler
Joined: Jan 2011
Posts: 292 |
Sound out the acronym. That will help.
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