I should get to a more normal posting schedule later this week as the deadlines pass. Until then here are a few links.
It appears the folks at the BP claims facility have run the neighborhood canvass on Jason Berry and then some:
DHECC – zombie stalking ~ Jason Berry
IBM Report: Independent journalist covering BP case investigated over leaked emails ~ Kyle Barnett, Louisiana Record
It seems like yesterday that Aaron Broussard and his Goatherders were running canvases on me and select members of the Slabbed Nation.
The secret to surviving such muck campaigns: Continue reading
Here is this afternoon’s financial two pack from the good folks over at Naked Capitalism:
Will Ebola Vanquish the MBAs Who Run Our Hospitals? ~ Yves Smith
I have a busy day on tap so I’ll simply direct everyone to the following and hope the lifers will fill in the gaps for everyone on some of the players because the following is too rich!
Having competing newspapers in New Orleans rocks!
Thursday, October 16th, 2014
Baton Rouge, Louisiana
LOUISIANA — THEY’RE GOIN’ TO WASH US AWAY!
During the last few days of our family vacation, we ended up in Boston. The newspaper headlines were startling. “Boston Could Become the Next Venice,” warned the Boston Globe. “Boston Sinking into The Sea,” blared the New York Times. A newly released report by the Urban Land Institute predicted that “Boston is sinking at a rate of more than a tenth of an inch a year.” The Governor of Massachusetts has set up a statewide strategy commission and earmarked $50 million out find out how to save the city from drowning. There’s panic in Boston.
A tenth of an inch a year? Parts of south Louisiana are sinking at a rate ten times faster. Public officials throughout the Bayou State have known about the continuing and growing losses for decades. There have been numerous studies done, but that’s about it. And as each year passes, the cost to remedy this problem continues to escalate.
Twenty-five years ago, the cost of major damage mitigation was pegged at $14 million. There was the assumption that substantial federal help would be available. After all, the nation has benefited tremendously from the reaping the state’s natural resources — oil and gas, seafood, sulfur, not to mention that Louisiana is the largest chemical producer in the country. And Louisiana’s congressional delegation repeatedly ballyhooed how strong their political sway was in Washington.
But the dollars never materialized. And now the price tag has skyrocketed. State officials currently give out figures as high as $50 billion. But some scientists, a number of whom have been left out of any solution discussions, say this figure is drastically low. A minimum of $100 billion or even higher would be more like it, they say. Continue Reading…….
The financial markets worldwide are getting slaughtered and the best financial twitter accounts are spouting inside acronyms faster than Ebola is spreading in Big D. Here are some examples:
— zerohedge (@zerohedge) October 15, 2014
VIX 30!!! — Stalingrad & Poorski (@Stalingrad_Poor) October 15, 2014
1813 spoos would be a 10% drop fyi.
— Stalingrad & Poorski (@Stalingrad_Poor) October 15, 2014
He, along with Scott Walker signed up over 10,000 people from across the gulf south for a pair of Houston Texas lawyers to sue BP. Now he, along with Scott Walker and Kirk Ladner are suing the lawyers:
I’ve read the suit and the exhibits. What I know about the law is exceeded only by what I don’t but I did wonder how the Precision Marketing Group could enter into any 2012 dated contracts as it was not formed until February 2013 but then again the fictitious business names were a flyin’ back in the go go days.
To the extent the attached exhibits indicate the compensation under these operating agreements were capped as percentages of the amounts the lawyers would ultimately collect, I see some very disturbing implications raised despite the assertions in the complaint to the contrary.
This suit will certainly be worth following. (H/T Anita Lee)
In other news:
The Restore Act is attracting all the finest people.