LI lawmakers briefed on LIPA privatization plan
Photo credit: AP | A Long Island Power Authority truck is among those arriving to make repairs in Belle Harbor a couple of weeks after superstorm Sandy. (Nov. 12, 2012)
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Long Island lawmakers met Monday night in Albany with a top aide to Gov. Andrew M. Cuomo and financial consultants to hear the case for privatizing LIPA, the first in a series of briefings on the future of the troubled utility.
The 90-minute discussion started what is expected to be a lively debate on the prospect of selling LIPA assets to a private company, observers said.
Larry Schwartz,...
