It's a Sing-Along!

Dear God,

J. Wayne Leonard is dumping his shares of Entergy! And it may have affected the overall value of the company. According to the website GuruFocus.com, "Chairman and CEO J Wayne Leonard sold 227,954 shares of ETR stock on 08/10/2010 at the average price of 79.11. J Wayne Leonard owns at least 360,683 shares after this. The price of the stock has decreased by 8.49% since. Other insiders have also decreased their positions in the company."

"The rat is fleeing a sinking ship" can't even begin to describe the epithets being hurled today at poor J. Wayne--"poor," of course, being a relative term considering that in October of 2008 Fortune Magazine estimated his five-year income at $45.84 million. And now, just imagine the windfall on the stock sale! Whew! (It's about $17 million, if you do the math.)

And you've seen my pictures of J. Wayne Leonard's house haven't you? I think he'll build another wing or something now, don't you?

People may call J. Wayne a "rat," but "rat" does not begin to describe him. Why, he's stuck by this old, leaking plant for so long, he should get a medal! People have cast aspersions on his spending style, his elitism, his oversight, his manners, his hiring practices, his honesty, and the fact that he's pillaged the state of Vermont without, apparently, ever once spending a personal dollar here. He's been lambasted for saying that nuclear power is not a good business risk for the 21st century, and saying that even while trying to get the state of Vermont to take a risk on nuclear power. But step back, Lord. It's not as though all those aspects of him are bad things. Truly, they just define the modern man, the man of the future, the captain of industry about town extraordinaire.

Why, I think it's fair to go so far as to say that J. Wayne Leonard is, if you will, the very model of a modern metrosexual.

Hit it, dudes! And everyone sing along!



Did you see Linda Rondstadt in that video clip? Hey, any father of Linda Rondstadt's is a friend of mine.

Amen,

Fake-Rob

PS: Unfortunately, we can't blame the tumble in Entergy stock on Governor Elect Peter Shumlin. You see, J. Wayne's sell-off pre-dated Pete's demand of Michael Colomb, Site Vice President at Vermont Yankee, that "Entergy return its extraction wells to service and ... increase the number of wells to prevent tritiated water from entering Vermont’s precious and irreplaceable aquifers." In his letter to Colomb, Pete said that, "It appears that ENVY made the decision to arbitrarily terminate the process of extracting tritiated ground water from the Vermont Yankee site as soon as 300,000-gallons of water had been removed. The tritium concentration level of the remaining on site tritiated water after the 300,000-gallon cutoff was never provided to justify that decision." Pete also pointed out that, "The following day [after stopping extraction], Entergy detected 500,000 pCi/l of tritium near [one] well and at bedrock, ... a further indication that the aquifer may be in serious jeopardy of contamination from tritium and other radioactive isotopes." Frankly, I fail to understand Pete's concern about all of this. You remember, Lord (don't you?), that Mullah Akhtar Muhammad Mansour has already declared our tritium cleanup to be complete.