Southern Co. has been dirty forever, and they're at the root of most the the energy company scandals in the south. Greg Palast has been going after them for years, but so far none of it seems to have stuck.
http://atlanta.creativeloafing.com/gyrobase/PrintFriendly?oid=oid%3A1181604.09.2003
Some of the tastiest passages in Palast's book have compelling local interest.
Consider: He went after Atlanta's Southern Co. for keeping two sets of books that enabled it to charge customers for $61 million in spare parts that had not been used. A Southern senior veep, Jake Horton, was going to blow the whistle on this and other company misdeeds such as illegal payments to politicians. But, on April 10, 1989, Horton boarded a corporate plane to go to a meeting where he planned to confront Southern's top brass -- and the plane exploded. Why the big boom? No one knows -- or is saying.
Palast's reporting almost resulted in the criminal indictment of the company -- until Bush the First had his Justice Department intervene and declare that all of the alleged wrongdoing was kosher because an accounting firm had OK'd the cooked books. That accounting firm was none other than Arthur Andersen, whose ill fame would peak a decade later in the Enron meltdown.
"Jake's death and the failure to indict Southern and Andersen in 1989 marked the radical turning point, albeit unseen at the time, in the way corporate America would do business," Palast comments in his book.
That turn would lead to the massive corruption of Enron, Global Crossing and the other mega-crooks.