money

Mysterious nonprofit with AEP ties has $3 million to unload, tax records show

BY: - March 17, 2022

Under shadow of a public corruption probe centered on the utility industry and its use of untraceable political spending, a nonprofit with close ties to American Electric Power disclosed harboring $3 million in the bank that it could unload as statewide elections loom. Open Road Path — a nonprofit run by a lawyer and lobbyist […]

FirstEnergy pushed for ‘cooperative’ utility regulator; DeWine heeded its pick

BY: - February 16, 2022

FirstEnergy executives and two powerful politicians who the company admitted to bribing all unified behind renominating a “very cooperative” incumbent to serve on a key regulatory panel, the company stated in court filings. The filing doesn’t identify the commissioner, but only refers to an “incumbent” and then-current “PUCO official.” Commissioner Lawrence K. Friedeman was the […]

Householder asks judge to dismiss public corruption case against him

BY: - February 2, 2022

Former Speaker of the Ohio House Larry Householder asked a federal judge to toss out a case against him that prosecutors have called the largest probe of public corruption in state history. In a motion filed late Tuesday evening, lawyers for Householder argued that there was no “quid pro quo,” or explicit favor-for-a-favor agreement, between […]

Amid corruption scandal, energy money continues to flow to state lawmakers

BY: - August 5, 2021

It’s going to take more than a bribery scandal on a historic scale to get energy money out of Ohio politics. Campaign finance reports, submitted late last week, show the campaign contribution pipeline from the natural gas and utility industries to Ohio lawmakers’ campaign accounts is alive and well. The vast majority went to Republicans, […]

DeWine says he didn’t know about alleged $4.3m bribe of utility regulator he appointed

BY: - July 27, 2021

Gov. Mike DeWine distanced himself Monday from a utility regulator he appointed who was accused last week of accepting millions in bribes from FirstEnergy Corp. FirstEnergy said in a court filing last week that it paid Sam Randazzo $22 million in consulting fees in the decade leading up to his appointment as chairman of the […]

FirstEnergy paid $4.3 mil to top energy regulator and reaped the benefits, court docs state

BY: - July 23, 2021

An energy lobbyist who Gov. Mike DeWine appointed as the state’s top regulator of public utilities received $22 million from FirstEnergy Corp. in the decade before his appointment — including $4.3 million paid just before assuming the post and specifically to execute official duties to benefit the Akron-based utility — court documents revealed Thursday. Sam […]

COMMENTARY

Money buys even more happiness than it used to

BY: - July 15, 2020

Many factors determine happiness, but one has stirred considerable controversy over the years: money. While the old adage says that money can’t buy happiness, several studies have determined that the more your income increases, the happier you are, up until US$75,000 a year. After hitting that threshold, more income doesn’t make a difference. But in […]