"Mexico Peso slips; Grupo Mexico up on Asarco bets"

The USA wants Mexico's Oil and petroleum/natural-gas exploration/equipment contracts; and, Mexico wants to ship goods to that 300-mile-wide "magic" NAFTA-consumer-zone along the USA eastern seaboard....

Incredible buying power along the USA eastern seaboard.  Trade Companies world-wide aim shipments toward that population...

Meanwhile, El Paso Texas sits in the middle of it - the nexus and the center of it -- and to pull this all off the powers-that-be have to ignore the EPA-Federal DOJ confidential-for-settlement-purposes-only document that tells the tale about how Asarco burned unmanifested (secret) toxic-waste for years to make $$$ --- from both military and industrial sources.

(see NYTimes front-page article)

Coincidentally, Carlye owns 20% of Grupo Mexico (which controls Ferromex/UP railroad), Carlyle controls all of the CSX railroad along the USA eastern seaboard, and a former high-level executive for the guy who created the 1st planned international city that all this rail will go through (next to ASARCO El Paso) now is in charge of the Carlyle USA Realty group.  (use this blog's search engine to look for "Carlyle")

Google News Alert for: asarco

Mexican peso slips; Grupo Mexico up on Asarco bets Reuters MXX rose 0.40 percent, lifted by a gain in shares of Grupo Mexico on bets it could win control of bankrupt copper miner Asarco LLC. ... See all stories on this topic

"MEXICO CITY, Aug 28 (Reuters) - Mexico's peso slipped on Friday, as data on U.S. consumers added to worries of a sluggish recovery in the United States, Mexico's top trading partner...The IPC stock index .MXX rose 0.40 percent, lifted by a gain in shares of Grupo Mexico on bets it could win control of bankrupt copper miner Asarco LLC....Mexico sends more than 80 percent of its exports to the United States and a rebound in U.S. consumer demand is key to spur a recovery for Mexico from its deepest recession since the 1930s...."

"Asarco has paid $241,316,423 to professionals working on the bankruptcy case" (@ One Quarter of a Billion dollars)

and the community fighting for its health?  3 people have been fired/non-renewed for their research and support against Asarco contamination of our drinking water, and others have experienced concurrent apparent retaliations.  Asarco paid the El Paso City Schools less than $25,000 for the contamination of our children's schools in the settlement (see recent El Paso Times Asarco article).

Google News Alert for: asarco

Arizona Daily Star There's huge money for attorneys in Asarco bankruptcy Arizona Daily Star Asarco LLC, the Tucson-based copper producer, hired an elite Houston law firm, Baker Botts, for its bankruptcy case. Baker Botts, in turn has assembled a ... See all stories on this topic

"From August 2005, when Asarco made its bankruptcy filing through July 31 this year, Asarco has paid Baker Botts $102.2 million in legal fees. ...They include Navigant Consulting, which has received $10.7 million for its “advisory services,” and Recon Real Estate Consultants, which has been paid $1.5 million. .... remember that all these payments are approved by the bankruptcy judge."