Thursday, August 19, 2010

Reporter for Alcoa (NYSE:AA) Documentary Out at UNC-TV

After the scandal surrounding taking money from interests which were hostile to Alcoa (NYSE:AA), and then producing a documentary which was left, for the most part, completely unedited.

According to associate general manager Gail Zimmermann, Eszter Vajda, the UNC-TV reporter connected to the scandal, is no longer working for the station as of the end of the work day Tuesday.

Zimmerman refused to comment on the circumstances surrounding Vajda leaving the station.

This all centers around the attempt by the state of North Carolina to take over the operations of the hydroelectric dams on the Yadkin River.

Democrat Marc Basnight was the source of the rumors which brought all this to a head, where he asserted, with no knowledge of the matter, that the documentary was being suppressed, which was completely untrue.

Alcoa is seeking to renew its federal license to operate the dams, which started the ball rolling concerning the fiasco.

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