Sunday, November 29, 2015

Dust in the Wind Turbines: Welcome Closer to Home, Carl Malysz.

Thanks, M; I needed an excuse to repost what just might be my favorite city council photo ever (2011).

Community Development Director resigns publicly (WKKG)

Columbus Community Development Director Carl Malysz publicly resigned during Wednesday night’s meeting of the Columbus City Council ... Malysz says that he has accepted a job offer with the Louisville Downtown Partnership as Deputy Director of Project Management and Strategic Planning.


Iamhoosier said...

Did a little research on the company making the windmill generators. They moved to North Vernon. Still in business but losing their shirt. Stock price is $0.0001, down from $0.15 to start the year. Their losses for the past 3 years went from -$2.5 mil in '12, -$4.8 mil in 13, and -$11.2 mil in 14. They have a NEGATIVE net worth of $5,800.000.

They wanted New Albany to co-sign their loan a few years ago. At least the council seems to have gotten that one correct.

The New Albanian said...

That's amazing. Thanks.

Iamhoosier said...

I still think it's a cool idea and they still could come out of it, but they are now requiring a 50% down payment on new orders. Just another instance of a poor cash position. Poorer countries are not going to be able to do that and/or risk losing their deposit to a bankrupt company.