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Eric Lipton Profile picture
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24 Feb, 4 tweets, 2 min read
DENTON RECORD-CHRONICLE: Denton Municipal Electric seeking to borrow up to $300 million following winter storm. (Its annual budget $231 million) Average price of energy per megawatt-hour in Feb was $23.73. Last week, that increased to $2,400 per MWH dentonrc.com/business/dento…
Obviously, this was a bet on deregulation in Texas that did not work.
More on this crazy situation...with solid coverage by local reporter there @paulbryant_DRC dentonrc.com/business/dento…
WSJ piece discussed same Denton, Texas case: Texas Grapples With Crushing Power Bills After Freeze wsj.com/articles/texas…

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More from @EricLiptonNYT

Eric Lipton Profile picture
19 Feb
Every moment has been documented...
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Eric Lipton Profile picture
13 Feb
Live Vote Count nytimes.com/interactive/20…
Seven GOP votes to convict so far...
Susan Collins Maine
Bill Cassidy La.
Richard M. Burr N.C.
Romney
Murkowski
Sasse
Toomey
57 to 43 to convict. Trump is found not guilty, as not a two thirds majority. Seven Republicans joined 50 Dems.
Read 4 tweets
Eric Lipton Profile picture
12 Feb
My NYT colleague James Glanz @jamesglanz & I got to know Les very well now 20 years ago, in the aftermath of the WTC attacks, as he (and we) struggled with ?s re whether the structural design of WTC towers was a factor in their collapse that terrible day nytimes.com/2021/02/11/nyr…
Here was the critical question...
In researching this question, James Glanz and I dug very deep--turning up some extraordinary primary documents showing that this topic was in fact discussed before the WTC was built. Including this document from 1964, as NYT was even then involved in the debate.
Read 7 tweets
Eric Lipton Profile picture
28 Jan
NEW: After the presidency, the Trump hotel in Washington is a limited draw. (with better link) nytimes.com/live/2021/01/2…
Here are some more photos from my visits on Tuesday and Saturday. I was the only customer (ordered a Coke) in the lobby on Saturday.
Here is my short clip from Saturday, Jan 23.
Read 5 tweets
Eric Lipton Profile picture
25 Jan
JUST POSTED: In its final days, Trump's Treasury Dept quietly rollback sanctions imposed in 2017 on billionaire Israeli businessman Dan Gertler for what Treasury itself called "corrupt mining & oil deals" in Africa. Dershowitz served as his lobbyist nytimes.com/2021/01/24/us/…
Here is the key document, which was turned up by @TheSentry_Org, a group that "follows the dirty money connected to African war criminals and transnational war profiteers" int.nyt.com/data/documentt…
So what did Gertler do to get himself on this sanctions list? Just ask TRUMP's own Treasury Department, which imposed the sanctions in the first place, before this last-minute move to roll them back, after lobbyists intervened.
Read 5 tweets
Eric Lipton Profile picture
22 Jan
Know I've been tweeting a lot abt Trump pardons. Convinced this was one of most extraordinary abuses of pardon power in US history. Determined not to let this be lost to rush of news. Here r some of our stories. Please read/retweet @JesseDrucker @kenvogel nytimes.com/2020/12/24/us/…
Why would Trump pardon nearly a dozen former elected officials convicted of extraordinary range of bribe taking/corruption/stealing money? It is a way for Trump to give the finger to law enforcement in the U.S. @kenvogel nytimes.com/2021/01/20/us/…
LOBBYING BONANZA: The president’s allies have collected tens of thousands of dollars — and potentially much more — from people seeking pardons. A free for all of cash/access/special favors as Trump era wraps up. @kenvogel @nytmike nytimes.com/2021/01/17/us/…
Read 8 tweets

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