AEHI's Ransom Resigns

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Jennifer Ransom, a key figure in last winter's Securities and Exchange Commission investigation of Alternate Energy Holdings' plans to build a nuclear reactor, has resigned from the company. In a statement released late yesterday, AEHI said Ransom was resigning due to significant health-related issues from her position as president of Energy Neutral, an AEHI subsidiary.

"Ms. Ransom was the first full-time employee with AEHI in Idaho," said AEHI CEO Don Gillispie. "She fought through much of the company's challenges as it relates to nuclear power. She suffered a variety of insults and rumors on anti-nuclear blogs and beyond, which took a tremendous toll on her health and her family."

Gillispie had described Ransom as "a pretty blonde" in previous interviews.

"Quite frankly, Asians like a pretty blonde face to look at," said Gilliespie. "So it doesn't hurt." Gillispie referred to the numerous trips that he and Ransom had taken together, including to the Far East.

In a Feb. 2 court hearing, AEHI attorneys presented Ransom as a secretary, with "no day-to-day responsibilities." At the time, Ransom said she was not an employee of AEHI but rather the president of Energy Neutral, a company founded by Gillispie. During the hearing, AEHI attorneys referred to something called Bosco Financial LLC, through which hundreds of thousands of dollars had flowed. Ransom later said that Bosco was the name of a family dog.

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