CenLamar | Est. 2006

Billy, I hope you don’t mind. But I just spent a bundle to have access to the TT’s archives… and this, I believe, is the first story written about Cleco’s improprieties. Excerpts appear below: “Power Play” By Billy Gunn “A few years ago, says a former employee, a dictate descending from Cleco Corp.’s top floor to the trading floor was clear: maximize profits. So traders did. “The mantra was ‘one corporation, one stock price,’ and that gets you into all kinds of trouble,” said Sam Sansing, a former trader now being sued by Cleco. It did get the utility in…

Cleco: Now I Get It! A guide to the fleecing of Central Louisiana. Unfortunately, it has not been easy for me to find a play-by-play guide to the Cleco scandal. I have relied on statements made by those close to the events and by individuals who seem to understand what this is all about. Last year, as many of you know, two top Cleco officials, Sam Sansing and David Pugh, defected (were terminated) from the energy supplier and quickly formed their own consultation company. Their first client: The City of Alexandria. These former employees informed the City of Alexandria that…

This is getting on track: (Posted earlier by WeSawThat) “the real cleco story they never bothered to report on was when mayor randolph a few months ago hired charlie weems to represent the city in the lawsuit the three guys he fired back in september had filed. how randolph got the authority to hire weems is unknown especially since the city already has its own in house attorney. we saw what happened in that weems removed the suit to federal court which conveniently both judges f a little jr and dee drell both came from the gold firm. by the…