1. Duke Chief Answers Critics After Coup at Biggest Utility

    Jim Rogers is sitting in his sleek, modern office on the 48th floor of the Duke Energy Center in Charlotte, North Carolina, explaining how, after a merger capped off by an 11th-hour management coup, he remains chief executive officer of the largest electric utility in the U.S. He wonders aloud whether to enliven the account with a metaphor about soured romance.

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    1. This is the most blatant example of corporate deceit that I have witnessed during a long career on Wall Street and as a director of 10 publicly traded companies.
    2. I'd like to believe him when he says nice things about building a bridge to a cleaner energy future.
    3. I'm quite comfortable talking to folks who are suing me.
    4. People who know me know this isn't true.
    5. Life is about making stuff up as you go.