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  1. Brooklyn Park Poses Health Risk as Chemtura Fights PCB Cleanup
    May 7 (Bloomberg) — The grassy fields of a park in the gentrifying Red Hook section of Brooklyn are contaminated with PCBs at a level 110 times what New York environmental agencies consider safe, according to court records filed in a lawsuit against bankrupt Chemtura Corp.
    Linked to liver cancer, low birth-weight and loss of motor skills, PCBs pose a threat to park visitors and nearby residents, said Judith Schreiber, chief scientist in the state attorney general’s environmental bureau. State and city health and environmental agencies declined to comment or said they aren’t aware of the risks at the 58-acre park, a popular spot for soccer games and family picnics. Chemtura has resisted demands by the state environmental bureau that it clean up contamination from a leak at its plant, which abuts the park.
    “Contamination at the site and in or near the recreation area is at unacceptable levels from a human exposure perspective,” Schreiber wrote in an April 22 affidavit in Manhattan federal court. Seven states including New York have sought to force the Middlebury, Connecticut-based company, the largest maker of plastic additives, to clean up nine polluted sites, including the Red Hook facility.
    Chemtura filed for Chapter 11 bankruptcy in March 2009 in U.S. Bankruptcy Court in New York, citing potential defaults on its debt and environmental liabilities. It said it had set aside
    $107 million to cover cleanup costs over the next 10 years

  2. i wonder how many pets wound up dead, how many missing and exploited children and teenagers are still out there at the hands of captors being tortured, how much much needed earnings were lost at stoop sales, how many frail little old ladies have now resorted to hoarding because they cant get rid of their furniture and televisions, how many bands had poor attendance at their shows, how many house painters & electrians and their families are now on food stamps, because of pete’s idiotic mission to keep neighborhoods free of those ungodly looking fliers?

    *rob*

  3. So far we have held the 200-day average in the cash S&P 500. We got a much better than expected report on employment. There are only 43 new lows on the NYSE today. The 10-day TRIN index is at 1.62 which indicates a severe oversold condition. 1.40 is typically regarded as a buy signal. TRIN for today is over 2 VIX has spiked above 40.

    All bullish.

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