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LNL – Entergy: Hood’s...

LNL – Entergy: Hood’s ‘unreleated’ releases getting old

By: Magnolia Tribune - March 2, 2010

Entergy: Hood’s ‘unreleated’ releases getting old

JACKSON, Miss. (Legal Newsline) – Entergy Corp. says Mississippi Attorney General Jim Hood should have contacted them before putting out a press release that questioned a transfer of $1.3 billion to the company’s nuclear power wing.

Hood issued the press release Friday, two days after the Vermont Senate voted against renewing the company’s Vermont nuclear plant for another 20 years. The release featured three questions about the transfer to which Hood demanded answers.

“Our actions have been proper and in compliance with applicable federal income tax law,” Entergy Mississippi spokesman Joey Lee said.

“We are confident that had the attorney general contacted Entergy directly, we would have been able to answer his questions.”

Legal News Line
3/2/10

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.