Juan Cespedes
Fired First Energy executives team up with others suing to get FE report on Ohio scandal
The long list of pension and investment funds suing Akron-based FirstEnergy are making common cause with two fired executives who were ousted in the wake of a scheme in which the company paid out more than $60 million in exchange for a billion-dollar nuclear bailout. They’re demanding the report from an internal investigation FirstEnergy conducted […]
Analysis: Bribery scandal shows how Ohio politics is polluted with dark money
CINCINNATI — A utility bailout at the center of a massive bribery and money laundering scandal was such bad legislation — and it was pushed in such bad faith — that it’s hard to see how it could have survived without the more than $60 million in bribes that sustained it. And, while FirstEnergy CEO […]
Prosecutors: common sense that Householder’s guilty. Defense: They’re lying
CINCINNATI — If jurors rely on their common sense they’ll know that Akron-based FirstEnergy gave former Ohio House Speaker Larry Householder $60 million for one reason: to pass a billion-dollar bailout for the company, federal prosecutors asserted Tuesday. But one of Householder’s attorneys accused the feds of bias in selecting their so-called mountain of evidence, […]
Ohio’s billion-dollar bailout bribery trial showcasing rampant arrogance, corruption, and enabling
Every day more details emerge from Ohio’s billion-dollar bailout bribery trial showcasing gargantuan levels of arrogance, corruption, and enabling among energy executives and Ohio’s most powerful Republican politicians. Yesterday in federal court, prosecutors played recordings of late Ohio right-wing lobbyist Neil Clark that showed in extravagant detail how dirty Ohio politicians and power players really […]
Corrupt Ohio utility bailout sprung out of fertile ground, recordings show
CINCINNATI — When Akron-based FirstEnergy made huge contributions between 2017 and 2019 to get a giant bailout from the Ohio government, the deal was developed in a corrupt ecosystem, secret recordings and other evidence presented in federal court Wednesday showed. Multiple players on Capitol Square had conflicted interests and seemed to be acting out of […]
Former associate testifies that ex-Ohio GOP Chair Borges paid to spy on bailout repeal effort
CINCINNATI — Former Ohio Republican Party Chairman Matt Borges paid $15,000 off the books in 2019, a witness testified Tuesday. It was in an attempt to gather inside information about the campaign to repeal a $1.3 billion utility subsidy that had just been passed by the legislature, a Borges associate said. In addition, the chairman […]
Householder co-defendant: Campaign checks were “specifically tied” to $1.3B bailout
CINCINNATI — On Oct. 10, 2018, then-Rep. Larry Householder met with lobbyists representing a subsidiary of FirstEnergy in offices at 65 E. State Street that Householder shared with a 501(c)(4) dark money group. One of the lobbyists, Robert F. Klaffky, slid an envelope containing a check for $400,000 across the table and under Householder’s hand […]
Corruption trial texts: OH AG Yost didn’t speak out against bailout because of utility support
CINCINNATI — In June of 2019, Ohio Attorney General Dave Yost thought a proposed utility bailout was a bad law, but he didn’t publicly oppose it because of support he’d received from the bailout’s primary beneficiary, FirstEnergy, according to lobbyists’ text messages displayed in court on Friday. Prosecutors displayed the messages as part of the […]
Householder trial: Millions in dark money used to call dark money “dirty”
CINCINNATI — In politics, logical and moral consistency often aren’t the highest priorities. That was starkly true in the 2018 campaign to make then-Rep. Larry Householder speaker in the legislative session that would begin the following January, according to evidence presented in federal court on Wednesday. Householder is accused of racketeering in a scheme to […]