Word: cleanups
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...Cleanup Team Adam Lowry & Eric Ryan 31 & 33, San Francisco...
...blame regulators for not going far enough in the cleanup campaign. A settlement reached in 2003 with 12 Wall Street firms forced disclosure of analyst conflicts, set aside $460 million to fund and distribute unbiased stock research to individual investors and linked analyst pay to the performance of stocks they pick. That's a lot better than the old days, when an analyst might tout stock of a so-so company purely to ingratiate himself with management...
Back in Prudhoe Bay, the battle lines are clearer. Braving temperatures as low as 40°F below zero, cleanup crews have contained the spill and are trucking in fresh snow to absorb whatever oil can't be vacuumed up. BP hopes to recover 90% of the lost crude, which it will funnel back into the pipeline and pump to the port of Valdez for sale on the open market...
...leak, discovered by a passing BP field worker who smelled the snow-covered oil early on the morning of March 2, has triggered a massive cleanup in dangerous, subzero weather, and has cut North Slope oil production by 12%, or nearly 100,000 barrels a day, because the leaky pipeline and more than 200 wells were shut down. The reduced production could last weeks longer...
...sewage overflow (CSO) refers to the contamination that enters the river through pipes containing both storm water and sewage spillover. The move, slated for completion by 2013, could “perhaps make the Charles River the cleanest river in the country,†Laskey said. This current cleanup effort is the result of a 1985 lawsuit for violation of the Clean Water Act of 1972, according to Ria Convery, the communications director for the MWRA. The MWRA was specifically created to undertake the court-order cleanup effort, Convery said. The goal is to raise the water quality...