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05 Jun 2010 12:50

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U.S.: BP’s new cap grabbing some, but not all of, the leaking oil

  • 6,000 number of barrels of oil the new cap is allowing BP to transfer per day
  • 19k-25k number of barrels that are currently spewing out of the pipe daily source
  • » A starting point: This total does not reflect a high point for how much oil they can siphon. To prevent the pressure from causing an explosion, they’re allowing some of the oil to go through vents which they plan to later close. So expect that 6,000 barrel total to go up.
Posted by Ernie Smith • 0 Comments • Permalink

04 Jun 2010 01:18

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U.S.: Did BP get a cap on that pipe that caused the oil spill?

  • yes The robots successfully got the pipe capped off, after many trying days and one stuck diamond saw.
  • but Unfortunately, it may not be enough to stop the spill, even temporarily. It’s too soon to tell. souce
Posted by Ernie Smith • 0 Comments • Permalink

30 Dec 2009 20:46

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Biz: An AIG exec resigns over pay. A tree falls down in the forest.

  • She was afraid of being sent to her room without supper. AIG Vice Chairman Anastasia Kelly, who was in charge of legal, human resources, corporate affairs and corporate communications, resigned with “good reason” over her executive pay. She’s eligible for severance, and man, that severance should keep her from eating cans of Chef Boyardee for a long time – $2.8 million. source
Posted by Ernie Smith • 0 Comments • Permalink

20 May 2009 09:00

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U.S.: California has no remorse for state legislators and budget crises

  • A statewide referendum vote on the struggle to kill the massive budget crisis in California ended up with only tears, as none of the first five pieces of legislation got over 41% of the vote. source
  • However, the sixth piece of legislation did – unfortunately for state lawmakers, the legislation caps salaries of elected officials during years where the budget’s bad. Sucks for them. source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2009 10:42

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Biz, U.S., World: How much could bailed-out execs get their pay capped?

  • $500,000 plus stock options source
Posted by Ernie Smith • 0 Comments • Permalink
 
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