Investopedia: Duke Energy Has Made Utilities Interesting Again, For All The Wrong Reasons
Internal corporate politics are often confusing, if not
incomprehensible, to outsiders, but sometimes a corporation goes above
and beyond the call of duty in creating a "what the ... ?" moment for
analysts and investors to ponder. Enter Duke Energy (NYSE:DUK) and what appears to be a scandal-in-the-making regarding its sudden CEO change in the wake of the closing of its acquisition of Progress Energy.