“Smart Money” & “Conventional Wisdom” declare Entergy prevails?

State will likely bank on power from Vermont Yankee after March 2012

by Jon Margolis | April 25, 2011

In the week since Entergy Corp. announced it was suing Vermont in federal court, challenging the legitimacy of the state’s role in extending the Vermont Yankee nuclear plant’s license, “the smart money” seems to have decided that the company is likely to win, keeping Yankee on line until 2022.

http://vtdigger.org/2011/04/25…

Whether the conclusion the writer arrived at based upon the sources given is accurate, is anyone’s guess. This would be difficult to determine since they’re all anonymous.

Conspicuously absent are any direct quotes or statements whatsoever from anyone who would allow themselves to be named. So, entire story merely conjecture, based entirely upon hearsay.

But most of the chatter among lawyers, and in the state capitol, seems to assume Entergy’s eventual success.

He said, she said. An “irreverent legislator” said, “most of the chatter” said, that’s a story? It could have been written in a bar jotting down comments made w/in earshot & arrive at the same conclusions.

Though “most” are assured of this eventual outcome, “none” of them would be named?

I should think if the money were so “smart” & the wisdom so “conventional” those possessing these assets would be willing to go on record. Since they were not, there is no way to guage the accuracy of the story which makes it dubious at best imho.

Eeny meeny miny moe. Only time will tell.    

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