Thanks to AIG, some of the poorest residents of rural Kentucky learned you can always be made poorer by corporate villains. In 2005 AIG begain buying up water companies, especially a company named Utilities Inc that held scores of water companies around the country. This is part of a movement of commercializing water utility systems around the world. "We have long considered water infrastructure as an attractive investment opportunity and an excellent complement to [our] existing energy infrastructure portfolio. Utilities Inc. is a leader in this industry and we are pleased that [we have] the opportunity to acquire this business,” AIG Chairman and CEO Win J. Neuger gloated in a press release.
Article Reference:
No comments:
Post a Comment