Goldman may file Lehman plan

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald KCS-content Share whatsapp Goldman Sachs said yesterday it was part of a group of Lehman Brothers creditors looking to file an alternative proposal to divide up what remains of the failed bank’s assets. Lehmans has proposed two separate plans for returning billions of dollars to bondholders, the most recent in January, but creditors are yet to approve them. Hedge fund Paulson complained last year that the first proposal benefitted large banks over other creditors, and proposed another in December. Lehmans cannot exit bankruptcy proceedings until a plan is approved by all eligible creditors. Goldman may file Lehman plan center_img whatsapp Thursday 10 March 2011 8:35 pm Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tags: NULLlast_img read more

Tanzania Cigarette Company Limited (TCC.tz) 2016 Abridged Report

first_imgTanzania Cigarette Company Limited (TCC.tz) listed on the Dar es Salaam Stock Exchange under the Agri-industrial sector has released it’s 2016 abridged results.For more information about Tanzania Cigarette Company Limited (TCC.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Tanzania Cigarette Company Limited (TCC.tz) company page on AfricanFinancials.Document: Tanzania Cigarette Company Limited (TCC.tz)  2016 abridged results.Company ProfileTanzania Cigarette Company Limited (TCC) is a tobacco company in Tanzania which manufactures, distributes and markets cigarettes under the following brands; Camel, Winston, LD, Embassy, Portsman, Sweet Menthol Safari Club and Crescent & Star. The company also exports cigarettes to the Democratic Republic of Congo, Mozambique and Zambia. TCC is the only cigarette producer in Tanzania and has a 90% share of the domestic market. It was founded in 1961 as East African Tobacco; nationalised during the Ujamaa Movement in 1975 and later privatised when the government of Tanzania sold its controlling share. TCC is a subsidiary of Japan Tobacco International Holding BV, which has a 75% stake in the company. Tanzania Cigarette Company Limited is listed on the Dar es Salaam Stock Exchangelast_img read more

House in Somoboo / Eduardo Fdez.-Abascal Teira + Florentina Mu…

first_img House in Somoboo / Eduardo Fdez.-Abascal Teira + Florentina Muruzábal Sitges “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/66799/house-in-somoboo-eduardo-fdez-abascal-teira-and-florentina-muruzabal-sitges Clipboard Houses “COPY” 2008 Architects: Eduardo Fdez.-Abascal Teira + Florentina Muruzábal Sitges Area Area of this architecture project Area:  690 m² Year Completion year of this architecture project Year:  Spaincenter_img Save this picture!+ 27 Share ArchDaily Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/66799/house-in-somoboo-eduardo-fdez-abascal-teira-and-florentina-muruzabal-sitges Clipboard CopyHouses•Marina de Cudeyo, Spain House in Somoboo / Eduardo Fdez.-Abascal Teira + Florentina Muruzábal SitgesSave this projectSaveHouse in Somoboo / Eduardo Fdez.-Abascal Teira + Florentina Muruzábal Sitges Text description provided by the architects. The house is located in a housing estate, which lies on the other side of the Santander bay. It lies on a hillside which looks upon “Cubas” estuary. One enters the plot from a road which runs along the lower limit of the plot, parallel to the contour lines of the slope. It coincides with the good orientation and the sights. Save this picture!Whereas some designs have a complex development with drawings of different alternatives, this one happened in a very natural way, after the first visit to the place with the owner, during a late summer sunset. First sketches insist on how to land the house on the plot so as to enjoy the beautiful sights to the south, with the estuary in the first term and the mountains in the distance, and also, on how to achieve a well orientated garden. Save this picture!The organization of the house results from these conditions and the adoption of the known L-shape floorplan. Day areas and night areas were assigned to each wing, with the peculiarity of arranging each wing at a different height which allows for a better adjustment to the slope.The topography makes it possible for both volumes to have a half-buried floor for complementary uses with openings to the south which look either directly or across an English courtyard. This solution obtains a large surface, which the owners demanded, with a reduced impact. Save this picture!The relationship between the overlapping volumes and their contact with the ground define the shape of the house. The projectings of both pieces increase the plasticity. The elevations translate the interior organization considering the orientation, the sights and the constructive systems. The interior spaces enjoy the light and the natural environment. The cantilever roofs project proudly, stretching the limits of the house and transforming the landscape into new open rooms for the house. Save this picture!The choice of the materials for the exterior, treated concretes, aluminium coating, oak lattices, and glass help to materialize the proposal, emphasizing the lightness of the upper volume, which seems to be floating. The interiors are solved by conventional materials, white limestone, oak and rubber pavements… Save this picture!The elegant choice of the furniture, with diverse pieces of Ch. Perriand, J. Prouvé, S. Mouille … and the plastic works of Or. Elliasson, S. Lewitt, Y.Nara and J. Uslé, help to characterize the house and facilitate a comfortable life.Project gallerySee allShow lessAir Multiplier™ / James DysonArticlesNew City Farm / Studio One ElevenArticles Share CopyAbout this officeEduardo Fdez.-Abascal Teira + Florentina Muruzábal SitgesOfficeFollowProductsSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasHousesMarina de Cudeyo3D ModelingSpainPublished on July 02, 2010Cite: “House in Somoboo / Eduardo Fdez.-Abascal Teira + Florentina Muruzábal Sitges” 02 Jul 2010. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Talis SVinyl Walls3MExterior Vinyl Finish – DI-NOC™ Solid ColorPartitionsSkyfoldRetractable Walls – Stepped & Sloped SpacesDining tablesZeitraumWood Table – TautBathroom AccessoriesBradley Corporation USARoll Towel Dispenser – Electronic TouchlessWoodLunawoodThermowood FacadesAluminium CompositesSculptformClick-on Battens in Victoria GardensMetal PanelsLongboard®Metal Ceilings – DauntlessWoodStructureCraftEngineering – Mass TimberPanels / Prefabricated AssembliesULMA Architectural SolutionsPerforated Facade PanelFiber Cements / CementsDuctal®Rainscreen Cladding Panels for Lightweight Facades in Apartment BlockBricksAcme BrickModular Size BrickMore products »Read commentsSave想阅读文章的中文版本吗?Somoboo 住宅 / Eduardo Fdez.-Abascal Teira + Florentina Muruzábal Sitges是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Domain name opportunity for Earthwatch?

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Domain names can cause problems for charities, but they can also throw up opportunities. The environmental charity Earthwatch is at www.earthwatch.org.uk. They are about to be joined at www.earthwatch.co.uk by the UK arm of 20th Century Fox who will be using the site to promote the UK launch of its new film Titan AE. A major online advertising campaign around the site is also expected.The similarity in the domain names is surely a good opportunity for the Earthwatch charity to make use of.Find out more about charity domain names from UK Fundraising. Advertisement Domain name opportunity for Earthwatch? Howard Lake | 27 April 2000 | News read more

Charleston lawmakers to vote on resolution apologizing for city’s slavery past

first_imgiStock/Thinkstock(CHARLESTON, S.C.) — One southern city wants to apologize for its past.City officials in Charleston, South Carolina, will vote on a resolution Tuesday that expresses regret for the centuries of human slavery that was administered and regulated by its former lawmakers.“This is the modern city council which feels the need to make an apology for the institution of slavery in the city of Charleston,” Charleston councilman William Dudley Gregorie, who helped author and shepherd the resolution, told ABC News.The three-page resolution will be voted on by the council’s 12 members. It needs a majority of seven votes to pass.The language in the resolution explicitly takes responsibility for the “dehumanizing atrocities” that was condoned for centuries.The resolution goes on to detail how the economic success of colonial and antebellum Charleston (formerly Charles Town) “was slave labor” and it prospered “due to the expertise, ingenuity and hard labor of enslaved Africans who were forced to endure inhumane working conditions that produced wealth for many, but which was denied to them.”The document also admits to how the institution of slavery “sought to suppress, if not destroy, the cultural and social values of Africans by stripping Africans of their ancestral names and customs, humiliating and brutalizing them through sexual exploitation, and selling African relatives apart from one another without regard to the connection of the family.”In the name of “basic decency,” the resolution calls for the city to make a formal “acknowledgment and apology for its role in regulating, supporting and fostering the institution of slavery in the city and the past wrongs inflicted on African Americans here in Charleston and elsewhere.”The document also lauds the “significant contributions” made to Charleston’s community “by talented and skilled African Americans that are reflected in the agriculture, architecture, artisanship, arts and cuisine of this City.”“Certainly, the city fathers of Charleston have much to apologize for over the course of history for the treatment of African Americans,” David Shields, a University of South Carolina professor, told ABC News.Bishop Robert Guglielmone of the Catholic Diocese of Charleston pledged his support for the resolution.“Jesus loved, accepted and embraced all people. Their race, gender or nationality never mattered to Him. Our African American brothers and sisters have suffered greatly because of slavery and Jim Crow laws. This apology is an important step in healing wounds that are still evident, even today,” he said in a statement.Gregorie, who is also a trustee at the Emanuel African Methodist Episcopal Church, said the resolution is a long time coming and a testament to the power of collaboration.He did “extensive research to reach a draft” that was shared with his fellow council members.Gregorie said he can’t shake the massacre at a Charleston church three years ago that killed nine worshippers.“We’re trying to turn our pain into something positive,” he stressed. “We recognize that people apologize by the way they live and they’ve given individually; it’s not as if people haven’t been apologizing through action.”“This is the institution doing its part,” he added.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Off-duty LAPD officer was trying to stop vandals when he fatally shot, sources say

first_imgErshov_Maks/iStock(LOS ANGELES) — Investigators have been quiet about the events that led to the fatal shooting of an off-duty Los Angeles Police Department officer over the weekend, but sources with knowledge of the matter said he died after confronting a group of gang-affiliated vandals.Los Angeles Police Chief Michel Moore revealed that 24-year-old Juan Diaz had been shot and killed in an “act of senseless violence” early Saturday morning and asked for the community’s support in finding his killer.Moore did not share details about the circumstances surrounding his murder, but police sources told local news outlets, including ABC’s Los Angeles station KABC, that the young officer died after approaching a group of male graffiti artists.Diaz, who had been with the department for just two years, was eating at a taco stand with his girlfriend and her two brothers at around 1 a.m. when he noticed several young men defacing a property in LA’s Lincoln Heights neighborhood, a police source told KABC. The officer had ordered the men to stop when one of them pulled out a gun and began threatening him.The officer and his companions tried to avoid an altercation by getting into their vehicle and leaving, but the gunman opened fire, killing Diaz and injuring one the girlfriend’s brothers, the police source said.The shooter reportedly identified himself as a member of a gang whose territory included the area around the scene of the shooting, according to KABC.The police department declined to identify the surviving victim of the shooting and it did not offer details on their condition. Officials said they would provide more details as they become available.A description of the gunman was not available and no arrests had been made as of Sunday afternoon.Dozens of family members, friends and fellow officers gathered for a vigil at the LAPD’s headquarters on Saturday. The department tweeted images from the gathering late Saturday night, remembering him as a “dedicated public servant and Angeleno that put service to others above all else.”“Tonight we gathered to honor a man who dedicated himself to our city — A man whose passion was LA,” the department said in a subsequent tweet. “There were hugs & tears—but we held our heads high as we paid tribute to his dedication to something greater than himself. Tonight our HQ Facility is proud to have Juan front & center.”The officer’s loved one and several members of the force — including Sgt. Manuel Hernandez, his police academy training officer — spoke at the vigil.“He grew up in a bad neighborhood, infested with gangs, yet he led a good life,” Hernandez said.“What we mainly want is for all of you guys to remember Juan for the goofball he was, the personality he was, always made someone smile,” Diaz’s sister, Anahi Diaz, added.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

New Statewide Seat Belt Law Goes Into Effect Next Week

first_imgALBANY – An expansion of New York State’s seat belt law requiring everyone in the backseat to buckle up goes into effect next week.Currently, the law requires anyone over 16 to wear seat belts in the front seat only. Those under 16, however, legally have to wear a belt in every seat of the car.Starting November 1, anyone over the age of 16 must now wear their seat belt in the back seat.According to the National Highway Traffic Safety Administration, seat belts reduce the seriousness of crash-related injuries and deaths by almost half. Although the new law goes into effect on Sunday, law enforcement leaders want to ensure drivers and passengers will receive a grace period for tickets. Additionally, warnings and eventual enforcement will only happen after a car is already pulled over.When enforcement does roll out, the passenger who didn’t buckle up will be the only one given a ticket for a maximum of $50. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Southern Vermont College receives $200,000 Davis grant

first_imgSouthern Vermont College has announced the award of a prestigious grant from the Davis Educational Foundation in the amount of $200,000. The grant will provide funding for curriculum innovation.Southern Vermont College will conduct a three-year transition to a curriculum featuring four courses per semester, in place of its current five-course model, ultimately enabling students to probe subjects in greater depth. This structural change will allow for important pedagogical re-visioning as well. The college will distinguish its approach by significantly enhancing experiential learning across all fields of study, an approach aligned to engaged, collaborative, laboratory learning.The college already employs such strategies effectively in several degree programs, according to Provost Albert DeCiccio. Support from Davis Educational Foundation will help the college expand these laboratory practices, he reported. The depth created through the shift toward four-credit courses is what will enable full activation of this methodology, where opportunities for research and hands-on learning will link theory to practice. DeCiccio noted that many of the nation s top liberal arts colleges utilize a four-course, four-credit-per-semester curriculum. Our additional emphasis of hands-on learning is a direct response to the learning styles of our students; we embrace the opportunity to enhance our offerings through this approach.Southern Vermont College President Karen Gross commented, This approach will do more than help our current students. This creates a prototype for higher education more broadly.In making the award, Davis Trustees expressed admiration for the College s goals and recent accomplishments. They also assessed the project plans as thoughtful and ambitious, yet realistic. This Davis Educational Foundation gift provides affirmation of the new trajectory of Southern Vermont College and the important progress that we are making for our students and our institution, added Dean of Advancement Karen Trubitt.The grant was received from the Davis Educational Foundation established by Stanton and Elizabeth Davis after Mr. Davis s retirement as chairman of Shaw s Supermarkets, Inc.Founded in 1926, Southern Vermont College offers a career-enhancing, liberal arts education with 21 academic degree programs for approximately 500 students. Southern Vermont College recognizes the importance of educating students for the workplace of the twenty-first century and for lives as successful leaders in their communities. The college is accredited by the New England Association of Schools and Colleges.last_img read more

Palmisano named Top Chef of the Champlain Valley

first_imgSam Palmisano of Pulcinella’s in South Burlington took home the title of the Top Chef of the Champlain Valley for the second year in a row. Palmisano competed against Chef Robert Barral of Café Provence and JJ Vezina of the Windjammer Restaurant and Upper Deck Pub in an Iron Chef competition using all fresh Vermont produce, cheese and proteins donated by area farmers. The secret ingredient was announced to the chefs and the audience at the start of the competition and each chef had 50 minutes to create an appetizer and entrée highlighting this year’s secret ingredient, honey. Chef Palmisano’s winning dish was a honeyed lamb tartare on mesclun greens in a ring of lightly roasted green pepper and for his entrée offered up a sweet and savory crusted lamb on wilted greens and gnocchi with honey sauce. For Palmisano the competition was fun but not his motivation for participating. The Top Chef of the Champlain Valley, an Iron Chef Experience benefits the Champlain Valley Agency on Aging’s Meals on Wheels and Case Management Programs and for Palmisano it is not about the competition or winning it is “all about the money, everything else is just a bonus. So excited CVAA was able to raise 25 grand.” Nearly $25,000 was raised by the Top Chef of the Champlain Valley, enough to provide over 5,000 meals to homebound seniors.Each chef presented his dishes to the panel of judges: Jozef Harrewyn, Executive Chef and Owner of Chef’s Corner in Williston, Melissa Pasanen, co-author of New York Times notable cookbook, “Cooking with Shelburne Farms: Food and Stories from Vermont”, Suzanne Podhaizer, food critic for Seven Days, and Annie Harlow, a local farm based food consultant. The crowd watched as the judges meticulously tasted and took notes regarding the flavor, presentation, execution and use of the secret ingredient. In the end their decision was unanimous, as Harrewyn remarked “Sam Palmisano is our Iron Chef!”For Palmisano the most emotional part of the evening was “seeing so many of our regulars come to support us because they believe in us and believe in what we do.” Having recently lost his last grandparent, Palmisano knows his “grandmother was one of the blessed ones and many people have not been as lucky as her, CVAA does good work to help the elderly.”The Top Chef of the Champlain Valley benefits the Champlain Valley Agency on Aging. CVAA helps seniors in Addison, Chittenden, Franklin and Grand Isle Counties age with independence and dignity. CVAA has helped over 50,000 seniors remain in their own homes and had delivered over 7 million Meals on Wheels in the Champlain Valley. For information about services available for seniors 60 and older call the Senior Helpline at 1.800.642.5119 or go to www.cvaa.org(link is external).###last_img read more

Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyant

first_img FacebookTwitterLinkedInEmailPrint分享Bloomberg News:Tom Fanning is the only energy executive in America willing to bet billions on nuclear power.The chief executive officer of utility giant Southern Co. is renowned for his boundless optimism, which he generously spreads around. He’s chair of the Federal Reserve Bank of Atlanta, co-leader of one industry group and a former chairman of another. He’s a frequent visitor to Washington, where he’s met with Vice President Mike Pence, Scott Pruitt of the Environmental Protection Agency and old friend Energy Secretary Rick Perry. Fanning is often a guest of TV business news, where he’s spoken glowingly about “clean coal’’ and nuclear.There’s just one problem. His company isn’t doing that well.Southern’s Vogtle nuclear plant in Georgia, the first U.S. nuclear project to be licensed in three decades, went through a near-death experience as total estimated costs doubled to more than $25 billion. The plan survives with the help of $12 billion in federal loan guarantees. Southern also pulled the plug this year on its ambitious “clean coal’’ project in Kemper County, Mississippi, taking a $2.8 billion pretax charge that contributed to its biggest quarterly loss in a quarter century.Southern’s total return has increased 86 percent since Fanning took over in December 2010. But the S&P 500 Utilities Index return rose 137 percent and the S&P 500 return jumped 156 percent in the same period.Fanning and his utility are approaching a crossroads, the same fork in the road that energy producers and distributors face around the world. As the planet warms and thousands of jobs hang in the balance, it’s critical they direct investments to energy sources that best serve both present and future.He picked nuclear.The 60-year-old CEO leads a company buffeted by some of the biggest changes in the industry since Thomas Edison. A glut of natural gas flowing from shale formations has caused electricity prices to plummet, forcing coal and nuclear plants to shut. Demand for power has yet to recover since the Great Recession, thanks to gains in efficiency and customers’ increasing use of rooftop solar panels and other decentralizing technologies.Under his watch, Fanning said Southern has reduced reliance on coal to about 30 percent from 60 percent, increased its use of renewable and hydropower sources to 9 percent and expanded its access to natural gas by buying distributor AGL Resources. Southern also acquired a company, PowerSecure International, which builds backup grids and installs and manages solar projects.The CEO’s admirers say designs for the “clean coal’’ and nuclear plants were set in motion before Fanning took over and he’s done his best to shepherd them. “I came in after those decisions, and have been accountable for executing on that,’’ he said. “I would argue mega-projects like Vogtle and Kemper are pretty hard to do.’’Nuclear and coal-fired power plants would get a boost under a Trump administration plan. The Federal Energy Regulatory Commission would allow electricity customers to be charged more in order to bail out struggling power generators, which would be rewarded for keeping fuel on site. Proponents say it would make the energy grid more resilient. Critics say it would be expensive and solve a nonexistent problem.Last year, Fanning told them that Southern was in “as good a shape as we’ve been in some years’’ and that its $7.5 billion “clean coal’’ project, backed by the Energy Department and thought to pave the way toward a cleaner-burning future for the coal industry, was moving along “beautifully.’’Instead, the Kemper startup effort was plagued by delays and construction snafus and Southern abandoned it. Southern still faces lawsuits from various parties that claim improper disclosure about the project.“I appreciate him wanting to be optimistic and positive, but I think it’s incumbent upon the shareholders, including the shareholders inside the boardroom, to make sure he’s realistic,’’ said Anne Sheehan, director of corporate governance for the California State Teachers’ Retirement System.Fanning waxes positive about nuclear power despite some daunting trends. The average age of U.S. commercial reactors is about 36 years old, according to the Energy Information Administration. Since the 1990s, nuclear has generated about 20 percent of the power Americans use, but the percentage is expected to decline. In the past seven years, six nuclear power plants have announced early retirements, mostly for economic reasons.Southern, which owns 45.7 percent of the Vogtle project, is building two new reactors about 175 miles (280 kilometers) east of Atlanta, where two nuclear units already operate. More than 6,000 workers are involved in constructing the facility, which will have 800 permanent employees. The new units are expected to be finished by November 2022. They’ll produce enough power for 500,000 homes and businesses. The loan guarantees were set in motion under the administration of George W. Bush and first granted to Southern while Barack Obama was president.Critics, including consumer and environmental groups, argue that the Vogtle plant no longer makes sense because there are cheaper and cleaner options available.In a filing earlier this month, staff of the Georgia Public Service Commission said the Vogtle plant is “no longer economic” and the economic benefit would be “negative $1.6 billion.”The Vogtle nuclear reactors still have a chance to succeed. After builder Westinghouse Electric Co., a unit of Toshiba Corp., went bankrupt earlier this year, partly due to cost overruns at Vogtle, Southern agreed to take over construction. Fanning has said that the project is vital to the country’s national security. The company is awaiting approval from Georgia regulators to complete it. A decision is expected Dec. 21.The issues with both Vogtle and Kemper could have been foreseen, said David Schlissel, a director of the Institute for Energy Economics and Financial Analysis, a sustainable-energy research group. Schlissel said he testified to regulators that there were going to be problems with a first-of-its-kind plant with untested technology.“There were warning signs,” he said. “There were red lights flashing, telling them not to drive onto the train tracks.”More: This Utility Chief Is Betting Billions on Nuclear Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyantlast_img read more