Comptroller skeptical on costs of privatizing LIPA
Photo credit: Newsday, 2012 / Audrey C. Tiernan | State Comptroller Thomas P. DiNapoli.
Galleries
LIPA protests
Power connections: How employees are linked to big-name pols
Interactive: LIPA connections to politicians
Search LIPA salaries
The state comptroller's office has weighed in on the notion of LIPA as a private entity, telling a State Senate investigations panel that it has "serious ongoing issues" with LIPA's financial condition, while questioning the costs of going private.
Comptroller Thomas DiNapoli's office expressed concern about LIPA's nearly $7 billion debt, noting that it amounts to $6,000 per customer, while...
