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Podcast: The Codcast
Episode: Natl. Grid says lockout all about its customers
Description: The Massachusetts president of National Grid defends the nearly four-month lockout of 1,250 workers by saying the company is doing what it needs to do to bring its costs in line and protect customers from excessive charges.
It’s an interesting line of reasoning at a time when union leaders and their supporters are saying the company is putting profits ahead of public safety. To buttress their point, the unions and their allies regularly note that National Grid is a British company that earned more than $4.6 billion in profits last year.
Marcy Reed, the Massachusetts president and executive vice president for US...