Hey folks, didnt realize it was since mid July since I last posted to my blog. Time flies when you are having fun. Spent parts of August getting my grandchildren around from camp drop off to home, driving has not gotten any better but seeing my grandchildren growing I have hope in the future. They have so much energy, our family is truly blessed with their health and vitility. My sons and daughters in law are also a big part of our world, staying connected keeps you young and strong.We would all be lost if not for my wife their MomMom, she is the anchor that keeps sanity in check.
Sitting here listening to Richie Havens singing about the Klan, wow brings tears to my eyes. Also just saw the news on Joan Rivers, so sad. She was such a talent, humor keeps all the world balanced. We will all miss her,but we still have You Tube!
Listening to Richie Havens as I mentioned, he is singing "What About Me" in it one verse goes, "If you stand up for what you believe in, be prepared to be shot down". Man, so inspired by Richie, sad day when he died last year. Brings to mind the Abraham Lincoln Brigade, they were Americans who fought against Franco in Spain's civil war in 1936. Brave men and women, fighting for freedom, can't go wrong there.
As I mentioned in my last entry, I will continue to publish my book on Aqua America and its evil sister the Pennsylvania Public Utility Commission.
VOLUME I - 1994 TO 2005 - "THE GOOD YEARS"
Today's entry is the crowning of Nick DeBenedictis by 'The Wall Street Transcript", dated December 30, 1996. WST crowned Nicky the Gold award winner in the water utility industry. Its test of a great CEO is "To what extent he or she has taken in enhancing the overall value of the enterprise for the benefit of the STOCKHOLDERS!
I was an employee of Aqua America, looks like I was on the inside ah.... outside looking in. Man it must have been great being a shareholder of Aqua America stock, several insider people were very much interested in Aqua America stock.
Some quotes from their article:
The CEO made the tough calls, states a specialist, "Certainly DeBenedictis at Philadelphia Suburban (Aqua America) should be cited".
DeBenedictis' experience and expertise have had a dramatic impact on Philadelphia Suburban's performance and potential.
He has done magic with Philadelphia Suburban.He's focused the company on growth through acquisition.
That last quote is the real kicker, growth through acquisition, why in the last 4 years old nicky boy has sold three major water companies. It might be because he is cashing out for his July 2015 retirement. Hustlers usually lie about little things such as this. Only I was fortunate enough to keep a book on Nick. The very essence of his strategy to grow Aqua America was TO BUY water companies, NOT SELL THEM! Oh well the little details can get in the way of a hustler.
More tomorrow.
Good Night All,
Michael Duffy
No comments:
Post a Comment