[it isn't called a "feeding frenzy" for nothing... note the Piranha-like effect!... meanwhile word-of-mouth gossip is that ASARCO is advertising in Louisiana for steelworkers to start work in El Paso for ASARCO when it opens....]
"Associated Press - January 9, 2008 3:15 PM ET
WASHINGTON (AP) - Hedge fund Harbinger Capital Partners is trying to shoot down Lehman Brothers Holdings' bid to get paid in Asarco LLC's bankruptcy case..."
http://www.kswo.com/global/category.asp?c=84964
"Seems as if the Asarco types have been breathing their own emissions for too long.
When City Council announced that it would use a new strategy in the fight against Asarco by citing Texas environmental rules, Asarco vice president for environmental affairs Thomas L. Aldrich lashed back with "Never in our 110 years in El Paso has there been such an anti-business council ..."
Uh, hold it right there. Tommy. Better check your gas mask; probably the air-inlet filters are clogged and you're experiencing oxygen deprivation.
Calling this City Council anti-business is like calling Attila the Hun anti-violence. It just ain't so.
This city tosses out tax abatements like confetti at a political convention. It's bending over backward to do everything possible to welcome and make comfortable the new troops and dependents at Fort Bliss. Public-private partnerships with key business entities have been expanded. Downtown revitalization on the scale we're experiencing and anticipating is hardly anti-business. The list goes on and on and on.
Asarco is a 19th century polluter trying desperately to function in a 21st century environment whose inhabitants are cognizant of the huge dangers Asarco-type pollution poses.
We don't want Asarco. We don't need Asarco. No wonder Tommy is a bit churlish these days."
