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Reliant is a Corporation absolutely loaded with assets and an enviable profit history. How a management team can destroy shareholder value to the extent that has happened at Reliant is unimaginable. Now the risk of having the Socialist State of California haul them into court for rigging power last year is being demonstrated by the fall of share prices. Will California ever finish milking them now they have an admission of guilt by Reliant? Where is the Board of Directors at a time like this. Why haven't heads rolled down to the 3rd tier? Is this Company an example of what happens when a Corporation makes so much money it's management loses their sense of purpose and begins to believe the Corporation is their private playground as taught at Harvard Business.
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