January 24, 2013 at 15:54 PM EST
In the Markets: LIPA rate freeze won't last
Privatizing the Long Island Power Authority sounds like a great idea, because the state-owned utility provides some of the worst service at some of the highest rates in the country. No wonder Gov. Andrew Cuomo is eager to sell the utility to a private company that presumably would run it more professionally. Even better, Mr.
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