Word: blooms
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Test results released on July 16 showed that the blob wasn't oil but a plant - a massive bloom of algae. While that may seem less dangerous, people are still uneasy. It's something the mostly Inupiat Eskimo residents along Alaska's northern coast say they cannot remember seeing before. (See pictures of the Arctic...
...Algal blooms are a common and often menacing event along many U.S. coastlines. Some strains are toxic and can close beaches and poison seafood, posing a hazard to consumers. The National Oceanic and Atmospheric Administration (NOAA) maintains a forecasting system for the Gulf of Mexico to warn of harmful Florida blooms. On Thursday, on the other side of the continent, Senator Olympia Snowe, a Maine Republican, urged the NOAA to direct at least $500,000 to assess a disastrous red tide - a form of algal bloom. "The state of Maine is currently besieged by the most virulent red tide event...
...Kicking the Can When Obama drafted Rattner and another financier, Ron Bloom, to lead his auto task force, he instructed them to "treat these transactions in a commercial manner." That is to say, restructure the companies in a way that makes good business sense. The "commercial" mantra proved fleeting. The first imperative of commerce - to add value and thus earn profits - is too narrow to host all the civic expectations attached to the auto industry. If GM's only task were to make money, the company would shutter its car factories (or move them to low-cost countries) and churn...
...Bloom argued Fiat's case, Chrysler's case and ultimately the UAW's case. Gangly and soft-spoken, Rattner's co-chairman is passionately pro-union - an unusual trait among investment bankers. He helped guide the steelworkers' union through the collapse and restructuring of its industry, and this time he came to the aid of Chrysler's workforce. Gene Sperling, a veteran of the Clinton Administration, added his weight to Bloom's, speaking movingly of the human devastation that would follow should Chrysler collapse at such a weak moment for the overall economy...
...notes - photos from the previous summer of the boy's shoes put on the wrong feet, and, in one of several allusions to The Shining, a thesis notebook whose pages reveal handwriting that grows less coherent and into scrawls - the director deftly drops hints of madness in its early bloom. The woman is driven bonkers by grief at her son's death, but she may have been heading for the daft side months before...