This is actually true— Duke Energy guaranteed a $10 million line of credit so the Democrats could hold their 2012 convention in Charlotte. The host committee never paid it back. Duke simply wrote it off. Shareholders (and ultimately ratepayers) ate roughly $6 million of the cost after taxes. Jim Rogers, Duke’s CEO at the time and a co-chair of the host committee, shrugged it off as a contribution “for the greater good.” Years later Lynn Good collected $20–21 million packages—mostly stock and incentives—while North Carolina families watched electricity prices climb and the company sought rate hikes. A regulated monopoly underwriting one party’s convention, absorbing the loss, then handing its top executives eight-figure pay. That’s the arrangement.