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Affichage : 16391
Durée : 361 s |
| BP selects UC Berkeley to lead $500 million energy... |
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BERKELEY -- Global energy firm BP announced
today (Thursday, Feb. 1) that it has selected
the University of California, Berkeley, in
partnership with Lawrence Berkeley National
Laboratory (LBNL) and the University of
Illinois at Urbana-Champaign, to lead an
unprecedented $500 million research effort to
develop new sources of energy and reduce the
impact of energy consumption on the
environment.
The funding will create the Energy
Biosciences Institute (EBI), which initially
will focus its research on biotechnology to
produce biofuels — that is, turning plants
and plant materials, including corn, field
waste, switchgrass and algae, into
transportation fuels.
At a press conference this morning at...
Tags : news selects berkeley lead 500 million |
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Affichage : 806
Durée : 2580 s |
| 10/7 AIG Executives Scandal $500K Spa Resort Vacation Party |
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http://TimothySykesExposed.com/bailout
Are You Tired Of Corporate Scandal?
Where Is Your
October 7, 2008
Insurance Hearings
Lynn Turner (ex SEC chief accountant)
Eric Dinallo - NY Regulator
Cummings (D-MD)
10/7 AIG Executives Scandal $500K Spa Resort
Vacation Party after Bailout!
WASHINGTON (AP) — Days after it got a
federal bailout, American International Group
Inc. spent $440,000 on a posh California
retreat for its executives, complete with spa
treatments, banquets and golf outings,
according to lawmakers investigating the
company's meltdown.
AIG sent its executives to the coastal St.
Regis resort south of Los Angeles even as the
company tapped into an $85 billion loan from
the government it needed to stave off
bankruptcy. The resort tab included $23,380
worth of spa treatments for AIG employees,
according to invoices the resort turned over
to the House Oversight and Government Reform
Committee.
The retreat didn't include anyone from the
financial products division that nearly drove
AIG under, but lawmakers still were enraged
over thousands of dollars spent on outing for
executives of AIG's main U.S. life insurance
subsidiary.
"Average Americans are suffering
economically. They're losing their jobs,
their homes and their health insurance," the
committee's chairman, Rep. Henry Waxman,
D-Calif., scolded the company during a
lengthy opening statement at a hearing
Tuesday. "Yet less than one week after the
taxpayers rescued AIG, company executives
could be found wining and dining at one of
the most exclusive resorts in the nation."
Former AIG CEO Robert Willumstad, who lost
his job a day after the Federal Reserve put
up the $85 billion on Sept. 16, said he was
not familiar with the conference and would
not have gone along with it.
"It seems very inappropriate," Willumstad
said in response to questioning from Rep.
Elijah Cummings, D-Md.
"Those executives should be fired,"
Democratic presidential candidate Sen. Barack
Obama said at a debate with Sen. John McCain
on ...
Tags : aig america bailout crash enron executives market october party resport scandal spa stock street vacation wall |
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Affichage : 5039
Durée : 356 s |
| How to Make Money Online Work At Home Jobs (Full Time/Part Time) Earn $500 Daily on the Internet |
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Affichage : 17318
Durée : 353 s |
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