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McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question

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Page 1: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 2: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 3: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 4: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 5: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 6: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 7: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 8: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 9: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 10: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 11: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 12: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 13: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question
Page 14: McCullough Research"He's incredibly smart—and a little bit arrogant," says Jim Lazar, an Olympia, Wash., utility economist who's known McCullough for 30 years. "There's no question