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kerrygoddess Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-23-05 11:59 PM
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Entergy’s Very Busy Day
Entergy’s Very Busy Day
September 23rd, 2005

The Gulf Coast energy corporation, Entergy has had a very busy day. First, as I reported here earlier today, “Entergy announced that it would act on its own to develop an application for a (Nuclear) reactor at a site next to its Waterford plant, in Louisiana.” Then, Entergy New Orleans announced it was filing for Bankruptcy, Chapter 11 protection.

Facing huge rebuilding costs and a loss of revenue following Hurricane Katrina, the New Orleans-based subsidiary of Entergy Corp. filed for bankruptcy protection Friday.

MORE & LINKS - http://blog.thedemocraticdaily.com/?p=661
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obxhead Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 12:01 AM
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1. By filing for bankruptcy
they get all kinds of government funding to rebuild. This was a completely predicted move.
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kerrygoddess Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 01:37 AM
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2. Plus the new subsidies for building new Nukes.
Yes, totally predictable.
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