Word: superfund
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...earlier stint as a hedge fund manager. In both cases, he proceeded despite obvious warning signs, making up for what he lacked in talent with deception. At the inception of his Bayou investment firm, Israel distributed a partially fabricated resume to attract clients. And when the inaptly named Bayou Superfund lost $35 million in 2003, Israel simply reported that it made $25 million instead, and invented an accounting firm to certify his fraudulent claims. Long after those heady days in which he decorated his office with tanks containing live pythons and rented a $32,000-per-month mansion from Donald...
Picher has its own American saga, the tale of a former lead-mining center that became the nation's most contaminated Superfund site. Its creek was the color of Tang, its population dwindled from 20,000 to 800, and the government was starting to buy out its holdouts in order to raze the ramshackle town. On May 10, Mother Nature beat it to the punch. Now everyone seems to agree that the town of Picher is dead and its residents will be compensated fairly. You can't blame them for the twister...
...think is the most environmental President in American history? Bill Clinton, who used his executive authority to create 17 new national parks without congressional approval? Or Jimmy Carter, who in only four years protected more land than Clinton, and supported what would become the Superfund toxic waste cleanup law? (To those of you who would say Al Gore, well, it might be time to let that one go.) Whoever might claim the title, surely it would have to be a Democrat - since everyone knows that Democrats are tree-huggers, and Republicans see the Earth as something that gets...
...steps department, the Republicans have discussed using the fiscal savings of one bill to help pay for breast-cancer screenings, for instance. But they are also likely to promote bigger proposals, like health-insurance protection for the first six months of unemployment, educational reforms to benefit the disabled, and Superfund toxic-waste cleanup. One congressional group, the Renewal Alliance, which includes such Republicans as House Budget Committee chairman John Kasich and Senators Dan Coats and John Ashcroft, will meet for the first time this week to push a menu of compassion-loaded programs, including flextime, charity tax credits and enterprise...
...part of an industry coalition that lobbied for revised EPA regulations allowing utilities and refineries to modernize their oldest and dirtiest facilities, in some cases without adding new pollution controls (a federal appeals court last month upheld the revised regulations). GE is currently challenging enforcement provisions of the Superfund law, also via Tribe. The company bears at least partial responsibility for 87 Superfund sites around the country--a stretch of the Hudson River being the most famous--a legacy of its industrial past. If GE wins its case, the Superfund law would be gutted, contends Kit Kennedy, a lawyer with...