clcaev

22 ms·

1. 271.▲
   by clcaev 6y ago

   If this cooperative was not the platform, what exactly is the platform being discussed? Why do you could think one could recreate such a large cooperative like this without much trouble? Isn't the likely outcome of this bankruptcy a sa
2. 272.▲
   by clcaev 6y ago

   Unlike many private universities, rural electric cooperatives are controlled democratically by member-owners. In this case, it was a nested structure: the members were a dozen of local distribution cooperatives. Those distribution cooperati
3. 273.▲
   by clcaev 6y ago

   In this case, we're talking about a rural electric cooperative; it has no equity owners. They are controlled democratically by member-owners.
4. 274.▲
   by clcaev 6y ago

   While I agree with your sentiment, this was not exactly a private operator: this was a rural electric cooperative, that intentionally runs close to cost hile holding reasonable reserves. Its voting members were distribution cooperatives, wh
5. 275.▲
   by clcaev 6y ago

   How is it that such atrocities still happen? How do we need to change ourselves to make the world a better place?
6. 276.▲
   by clcaev 6y ago

   What to do depends upon your preexisting relationship, what they may need help with, and what you are able to provide. Usually a close friend of theirs is coordinating care: find that friend and offer to help.