EL ZORRO54's Blog

downtown dallas will be a net loser in T.X.U's $45 billion buyout,that's because the utility giant plan to move part of its operation from the central business district to irving,T.X.U energy the retail portion of the company,will relocate to las colinas with about 200 employees after the sale is complete,txu executives say,txu is one of downtown's larges employers with with more than 1500 workers,while downtown has for yeras struggled to hang onto office workers,the timing for txu's move is good,said john crawford,chairman of downtown dallas,the business and economic development group,we are in much bette shape than we were five or six years ago so it won't have near the impact,crawford said yesterday,the workers to be moved are housed in txu's skyscraper on bryan street,

TXU'S,highest profit ever,txu boasted its profitable year ever in 2006,largely because the company hiked retail electricity prices and didn't back down despite public outrage and customer fight,txu said yesterday it made 2.55 billion in profit last year up from 1.72 billion the year before.

ARE WE WILLING TO KEEP PAYING OVER PRICE ELECTRICITY?