| Oct 8, 2012
| 4:00 AM
Fun (or possibly not-so-fun) factoid: Six of the CEOs running the Baltimore area's largest public companies saw their compensation soar last year even though profits shrank -- or the firms lost money.
The smallest pay-package increase among those half-...
| Oct 14, 2012
There are big political contributors, and then there are BIG contributors. Count Baltimore trial lawyer and Orioles owner Peter Angelos among the latter.
Angelos has donated at least $1.22 million, mostly to super PACs backing Democrats, according to the...
| Jul 11, 2012
| 6:45 AM
First, kudos to all those great utility crews from Maryland and other states and provinces. Your hard work and dedication under difficult circumstances are much appreciated by BGE customers.
As for Kenneth DeFontes, Stephen Woerner, Christopher Burton,...
| Jul 12, 2012
| 7:30 AM
The extended power outages for Baltimore Gas and Electric customers are a symptom of the decline of this country. When I was growing up in the 1970s in Northern Virginia, we never lost power for a week. Not when we received two feet of snow. Not even...
| Mar 9, 2012
| 6:42 PM
Constellation Energy Group and Exelon Corp. are expected to close their $7.9 billion merger Monday, after the deal cleared its final regulatory hurdle Friday.
The approval by the Federal Energy Regulatory Commission ends an almost yearlong effort to...
| Mar 14, 2012
| 9:41 AM
The name "Constellation Energy" will still be around. The energy trading firm will still be doing much the same thing it ever has in a large, new building on Baltimore's waterfront. It will have somewhat fewer employees, but it will, at least for the next...
| Apr 15, 2011
| 6:38 PM
Constellation Energy Group CEO Mayo A. Shattuck III took in $15.7 million in total compensation last year, a 44 percent annual increase in a year when the company he manages posted a nearly billion-dollar loss.
Shattuck's take-home pay of $1.3 million...
| Apr 20, 2011
| 12:19 PM
"Shattuck sees 44 percent increase in package."
This was the headline in The Sun on Saturday, April 16. The accompanying article pointed out that Constellation Energy Group CEO Mayo A. Shattuck received $15.7 million in compensation for 2010, even as his...
| Apr 27, 2011
| 7:54 PM
Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town.
| May 1, 2011
Walk the streets of downtown Baltimore, and you might feel the presence of its corporate ghosts. On Gay Street, perhaps you'll meet Alexander Brown, the Irish immigrant who started the nation's first investment firm here more than 200 years ago.
| Apr 28, 2011
| 5:36 PM
Nobody knows better than Mayo Shattuck, the former investment banker, that economic value is determined by future cash flows.
By that measure, Baltimore just went downmarket, no matter how hard he and other executives try to sell Constellation Energy's...