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Message Boards Settings Pepco Holdings, Inc. - Quote Info
Re: $168.1 Million Grant!!!!      2-Nov-09 11:15 am    
Yes - Grants are not GIFTS! They usually are funded on a reimbursed basis - and not dollar for dollar - so POM will need to layout the money in advance, then apply for reimbursement. So they may have to spend $ 800 million to get $ 168 million. That's the way the grant business works. Also, specific performance metrics must be met before the money is reimbursed. And yes, there are strings attached - probably have to hire some Obama Czars to watch the money.
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yummoyummy


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  Subject Author Rating Time of Post (ET)  
 
!!!!!!!!!!!!!!!!!!
maybenow196... Rate it 27-Oct-09 08:45 pm  
 
Great! Now Obama can demand they cut the Div.
airdup303 Rate it 28-Oct-09 01:28 am  
 
Why in the world would Obama do that? When...
maybenow196... Rate it 28-Oct-09 06:26 am  
 
Actually, I am thinking about buying. ...
airdup303 Rate it 28-Oct-09 08:30 am  
 
If it turns red today, that might o...
maybenow196... Rate it 28-Oct-09 11:33 am  
 
It is a grant. Businesses get government gra...
ricky230092 Rate it 29-Oct-09 03:07 pm  
 
Re: $168.1 Million Grant!!!!
yummoyummy (1 Rating) 2-Nov-09 11:15 am  
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Pepco Holdings, Inc. (POM)

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