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This Bloomberg report unleashes a double-barreled attack on electricity deregulation in Texas.  The report contends that electricity rates in Texas have gone up as a result of deregulation.  They blame Wall Street specifically (among many other things) for increasing electricity rates.  The piece is critical of a recent bond deal underwritten by Goldman Sachs claiming that the higher yields on the deal cost Houston electricity consumers $47 million.


Full Story here: http://www.bloomberg.com/news/2012-02-23/consumers-hit-by-high-rates-after-deregulation.html

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