"THE ONLY THING NECESSARY FOR THE TRIUMPH OF EVIL IS FOR GOOD MEN TO DO NOTHING"
--Burke

Friday, July 9, 2010

University of Arizona research should declare conflicts of interest $$ concerning ASARCO involvement

UA first to study contaminants in dust and water
"KVOA Tucson News
KVOA contacted Asarco, the leading mining company based in Tucson, for reaction. A spokesperson says, "Asarco share's the study objective of minimizing ..."



ASARCO and Univ. of Arizona research on dust contamination

July 8 2010 KTSM News Channel 9 ASARCO EL Paso water contamination


"Asarco's Contamination
KTSM News Channel 9
By Phillip Mena - Multimedia Journalist EL PASO, TX - As the debate continues over what to do with Asarco, Dr. Philip Goodell wants people to understand ..."

ASARCO water contamination

"Sham Recycling Creates Sham Decision?
 
The TCEQ Executive Director's Asarco Air Permit Renewal decision ignores
hidden contamination in international waters, soils and air from secret
burning of toxic waste; What are elected officials, TCEQ and EPA
concealing?


    EL PASO, Texas, May 8 [2007]/PRNewswire/ -- Representative Reyes and the GAO
 fail to investigate the specific incident that involved Asarco - instead,
 "will focus on the overall procedures and processes that DOD follows for
 disposing of hazardous waste that is created by military facilities and how
 the transport and disposal of this type of waste by the contractors is
 monitored and tracked."
     At the base of the Asarco smelter, the International Boundary and Water
 Commission's (IBWC) American Dam diverts Rio Grande River water to over 70
 miles of public drinking supply and irrigation canals. American Dam
 employees are sick, and the State Department Office of the Inspector
 General (OIG) recommended bringing in expert independent medical review.
     The first canal travels along the Asarco ore handling staging area and
 chemical ponds. Representative Reyes' office calls the 9-04-06 Asarco levee
 collapse, spilling hundreds of thousands of gallons of poisons into this
 drinking water, a "minor incident." El Paso Water Utilities (EPWU) reports
 showed elevated poisons at the Canal Street station after the event. The
 EPWU Canal St. plant pumps water up the Franklin Mt. and distributes it
 throughout El Paso.
     IBWC data shows leakage of 24 million dollars worth of Asarco
 groundwater contamination into the canal, near where Asarco Hydrometrics
 consultants found groundwater arsenic levels at 35,000 times the legal
 limit. Alluvial sediment beneath the Rio Grande is filled with faultlines
 above the international Hueco Bolson aquifer.
     EPA Water officials cannot find any data for Rio Grande water tests at
 the smelter meant to confirm EPA data taken five years earlier, even though
 EPA mentioned the testing on public radio.
     Asarco is sending poisons from the bottom of its ponds to TX US
 Ecology, the company that also manages Hanford Reservation Nuclear Waste in
 Washington State. A complete chemical analysis of these poisons has not
 been made available despite requests.
     The El Paso GTLO, SPEG (Sunland Park Environmental Group), El Paso
 Sierra Club members and concerned groups want the Asarco Contamination
 exposed, the responsible officials to "step down," and correct clean-up to
 begin."

ASARCO El PASO to auction off assets without testing for or declaring the secret toxic-wastes used on that site

"By Phillip Mena - Multimedia Journalist
Friday, July 9, 2010 - 9:43am

EL PASO, TX - Roberto Puga, the man who will oversee the cleanup and eventual sale of the Asarco property will be in El Paso today to meet with an auctioneer company about the sale of Asarco's assets. 

Walter Parker Auctioneer Inc.  is the company picked to auction off Asarco's assets beginning August 2."

http://www.ktsm.com/news/asarcos-assets-to-be-auctioned

Thursday, July 8, 2010

July 2010 ASARCO restructuring of Asarco LLC CAPCO Pipe Company (asbestos)

Google Alert:

HPCwire HPC Market Watch
ASARCO BANKRUPTCY NEWS tracks the restructuring of Asarco LLC CAPCO Pipe Company Inc ... ASARCO BANKRUPTCY NEWS is distributed to paying subscribers by ...
markets.hpcwire.com/taborcomm.hpcwire/?GUID...Page...

Monday, July 5, 2010

Why is there an ASARCO Swiss bank (Asarco inc., Asarco S.A.)?

Why on earth is there an ASARCO Swiss bank ("ASARCO A.G."associated with
Asarco inc and Asarco S.A.).

(search inside this blog for "Asarco A.G.")

Sunday, July 4, 2010

20050408 Banks backing Noble corp.- deep ocean oil drilling that has platform now renting to Mexico.... and UBS LOAN FINANCE LLC --- 26 Banks, total....

About the time that Grupo Mexico's ASARCO declared bankruptcy, and went from an "Inc." to an "llc.":

20050408 Banks backing Noble corp.- deep ocean oil drilling that has platform now renting to Mexico.... and UBS LOAN FINANCE LLC --- 26 Banks, total....

"EXECUTION COPY CREDIT AGREEMENTParties: BANK OF AMERICA, N.A. | BANK OF NEW YORK | BANK OF TOKYO-MITSUBISHI, LTD. | CITIBANK, NA | COMERICA BANK | DEUTSCHE BANK AG | DEUTSCHE BANK SECURITIES INC | DNB NOR BANK | FORTIS CAPITAL CORP | HARRIS NESBITT FINANCING, INC | HSBC BANK USA, NATIONAL ASSOCIATION | ING CAPITAL LLC | JP MORGAN SECURITIES INC | JPMORGAN CHASE BANK, NA | KBC BANK NV | MIZUHO CORPORATE BANK, LTD | MORGAN STANLEY BANK | NOBLE ENERGY, INC | ROYAL BANK OF SCOTLAND PLC | SECTION 711 Financial | SUMITOMO MITSUI BANKING CORPORATION | SUNTRUST BANK | UBS LOAN FINANCE LLC | UFJ BANK | US BANK NATIONAL ASSOCIATION | WACHOVIA BANK, NATIONAL ASSOCIATION | WELLS FARGO BANK, NA
Law Firm: Thompson Knight;Mayer Brown
Document Date: 4/8/2005
Industry: OILPRD
Sector: ENERGY
Governing Law:Texas
http://agreements.realdealdocs.com/Thompson-Knight-law-firm/



Well, well…
From two years ago: July 28 2008
By richmx2
"Petróleos Mexicanos will pay $484,000 a day to Noble Corp. for an oil rig that will allow the company to drill in waters up to 7,000 feet deep for the first time.
Pemex, as Mexico’s state oil company is known, will take delivery of the Noble Max Smith rig in August under a three-year contract, Noble Corp. said in a statement.

The rig is being moved to Mexico from the U.S. Gulf of Mexico following upgrades and maintenance."


JUNE 28 2010 "Noble Corp (NE.N) said it would buy Norway's privately held Frontier Drilling for $2.16 billion"

"Noble's all-cash acquisition of Frontier, officially known as FDR Holdings Ltd, will add to cash flow immediately and to earnings from early 2011, the company said...Carlyle Group [owns 20% of Grupo Mexico who owns ASARCO] and Riverstone Holdings are investors in Frontier....Frontier, which is domiciled in Norway and headquartered in Houston, is building two ultra-deepwater drillships designed to operate in Arctic waters under a partnership with Shell."

http://www.reuters.com/article/idUSTRE65R2C520100628

Birkenfeld, the UBS Banker who exposed UBS

Whistle-blower advocates seek review of former UBS banker's treatment

"Whistle-blower advocates are asking U.S. Attorney General Eric Holder to review the treatment of tipster Bradley C. Birkenfeld, the former UBS banker who was sentenced to 40 months in prison despite his pivotal help in the groundbreaking case against the Swiss banking giant."

20070917 ASARCO principle-bondholder Harbinger Capital sues Wachovia Capital Markets under "Cause:18:1962 Racketeering (RICO) Act just 5 months after Wachovia sues UBS and Harbinger...

"Harbinger Capital Partners Master Lund I, Ltd. et al v. Wachovia Capital Markets, LLC et al .... 
Case Number:     1:2007cv08139... 
Nature of Suit:     Other Statutes - Racketeer Influenced and Corrupt Organizations.."   9/17/2007

http://dockets.justia.com/docket/new-york/nysdce/1:2007cv08139/313179/

"Wachovia Bank, N.A. et al v. Harbinger Capital Partners Master Fund I, Ltd. et al
Plaintiffs:     Wachovia Bank, N.A. and Wachovia Capital Markets, LLC
Defendants:     Harbinger Capital Partners Master Fund I, Ltd., ....UBS Willow Fund, L.L.C...."
 
"Case Number:     3:2007cv00123
Filed:     March 22, 2007....
Cause:     28:1441 Petition For Removal--Other Contract..."

http://dockets.justia.com/docket/north-carolina/ncwdce/3:2007cv00123/48458/

Bank of America Corp and Wachovia Bank caught laundering huge Drug-monies

 
http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html 

"The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue."
 

Council of the Americas NAFTA and ASARCO

"Who's on the Council of the Americas? The following is a list of board members of the New York-based Council of the Americas, a globalist organization composed of banksters and corporate fat cats that is working with the Bush administration to expand NAFTA into a continental free trade zone."

"Francis R. McAllister, Pres. & Chief Operating Officer ASARCO Inc."
"Richard de J. Osborne, Chairman of the Board(Retired) ASARCO Incorporated"
"Brian d. O'Neill, Managing Director & Latin America Executive The Chase Manhattan Bank"
"William R. Rhodes, Vice Chairman Citibank, N.A."
"Federico Sacasa, Group Vice Pres. Bank of America"

"This list of members of the Council of the Americas was obtained from the group's web site located at www.counciloftheamericas.org."

http://www.libertylobby.org/articles/2001/20010521council_americas.html

Court upheld Grupo Mexico (ASARCO and Ferromex Railroad owner) acquisition of Carlos Slim Ferrosur railroad

"Grupo Mexico plans to sell shares in its railroad business in an
initial public offering, Chief Financial Officer Daniel Muniz said in an
May 21 interview. Grupo Mexico owns the Ferrocarril Mexicano SA, or
Ferromex, and Ferrosur SA railroad companies. A federal court upheld its
acquisition of Ferrosur, owned by billionaire Carlos Slim, which had
been halted by the antitrust commission in 2006 and prompted a
government probe."

http://www.businessweek.com/news/2010-05-31/grupo-mexico-lures-funds-as-railroad-mines-are-free-update2-.html