Hafnium

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Thursday, December 10, 2009

Grupo Mexico: Asarco :: W.R. Grace : Libby Montana disaster

"PHOENIX (AP) -- Mexico City-based mining giant Grupo Mexico SAB has completed its [re-]acquisition of Tucson, Ariz.-based copper miner Asarco LLC.

The transaction Wednesday ended a years long battle waged by Grupo Mexico to reacquire the firm it first bought in 1999 but lost to bankruptcy in 2005 after Asarco was overwhelmed by huge environmental remediation costs." http://finance.yahoo.com/news/Grupo-Mexico-closes-deal-to-apf-372850306.html?x=0&.v=1

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"One thing that continues to puzzle some of my contacts in Justice and EPA headquarters is how and why Mercer and David Uhlmann, the then-chief of the Justice Department’s Environmental Crimes Section, got away with pursuing criminal indictments [in 2005] against [W.R.] Grace [for the Libby Montana asbestos disaster]." [and LOST the court case]
http://andrewschneiderinvestigates.com/2009/04/26/the-district-court-website-for-judge-donald-molloys-own-domain-offers-link-and-info-on-filing-charges-of-judicial-misconduct-thank-you/


Tuesday, December 8, 2009

Asarco cleaned up Spic and Span when it should be the Federal DOJ that is getting cleaned-up

-- Asarco cleaned up Spic and Span with help from the Federal Department of Justice who failed to acknowledge a confidential-for-settlement-purposes-only  document that their fellow DOJ attorney released to a public information request, and that let us know the EPA had told the DOJ in 1998 Asarco had burned unmanifested/secret hazardous-wastes for profit, for years.   The Federal DOJ Bankruptcy trustee FAILED to make the Bankruptcy courts act on this evidence and failed to hold ASARCO accountable for the liabilities from this secret and toxic hazardous-wastes (both industrial and military origins).

What is our nation of laws coming to when huge corporations like ASARCO (its  parent company is partially owned by the Carlyle Group) are allowed to use our courts to "clean up" their financial image by ignoring basic facts which should have been considered in the bankruptcy-setting?

Everyday working people - the same taxpayers that bailed out the banks - are now in-effect bailing out ASARCO and its creditors because a few Government's employees allowed this company escape its culpability (as we speak, the Supreme Court has re-opened the ENRON case to reconsider the "honest services provision" of the mail and wire fraud act that holds such government employees accountable (why?)).

Google Blogs Alert for: asarco bankruptcy
RapidShare Introduces Americas Reseller Program
By Rapidshare Ag
November 24th, 2009 Exec says new Asarco to be profitable, competitivePHOENIX — A top executive with the company set to take over Asarco LLC says the Tucson-based copper miner will emerge from a grueling four-year bankruptcy court ...
PR Hub - http://blog.taragana.com/pr/