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March 17, 2009.
FrontPage News
Posted on: March 17, 2009
Two Kentucky towns, Middlesboro and Clinton, get their water from a company called Water Services of Kentucky, Inc. Water Services of Kentucky, Inc. is a subsidiary of Utilities, Inc. which is a subsidiary of AIG, Inc. On December 30, 2008, Water Services of Kentucky, Inc., grandchild of AIG, filed a request with the Kentucky Public Service Commission to approve a whopping 50.8% rate hike.
While the American taxpayer bails out the parent company, the subsidiary, like a baby asp bites two small towns. Welcome to the world of AIG!
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