Best & Worst of 2009

by Arkansas Business Staff  on Monday, Dec. 28, 2009 12:00 am  

Worst Word Placement

A contentious clause in the Utility Facility Environmental & Economic Protection Act of 1973 may be the linchpin for the embattled John W. Turk Jr. coal-fired power plant in Hempstead County. The case opposing the plant has made its way to the Arkansas Supreme Court. Chairman of the Arkansas Public Service Commission Paul Suskie says the issue boils down to one little ol' word: "and."

 

Best Larger-Than-Life Hog

Darren McFadden could have sought out a customized wall graphic from the folks at Fathead to capture his collegiate glory. Instead, he commissioned a larger-than-life, floor-to-ceiling painting of himself in his Arkansas Razorback jersey for the garage of his Little Rock home.

 

Best Timing

William Clark resigned as CEO of CDI Contractors in January and, with CDI colleagues Shannon Earls and Danny Bennett, formed Clark Contractors in February. The worst recession since the Great Depression was, Clark said, a much better time to be a small company with six employees than to be a large company scratching to stay busy. "We don't have to have a great success rate in order to make ends meet. By the time the economy turns around, we'll have a few jobs going, so we'll be able to benefit."

 

Worst Timing

U.S. Rep. Mike Ross, D-Ark., attracted a healthy portion of backlash about his stance on health care when some digging uncovered that Ross sold a pharmacy to Stephen LaFrance, owner of USA Drug, for seemingly more than it was worth. Ross and his wife sold Holly's Health Mart in Prescott and its assets for almost $1.5 million. An appraiser said the property was worth less than $200,000. Ross' argument that the client list and the operation were worth far more than that did little to mollify his critics. Though the deal may have been completely legit, the reporting of it was bad timing for Ross.

 

 

 

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