Fall 2012 Cover.Indd 1 10/15/12 3:08 PM FALL 2012 Contents VOLUME 19 • NUMBER 3
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GLOBAL MONITOR Bond Rating Agencies
New Political Economy, Vol. 8, No. 1, 2003 GLOBAL MONITOR Bond Rating Agencies TIMOTHY J. SINCLAIR Emerging from relative obscurity in the 1990s, the major bond rating agencies, Moody’s Investors Service and Standard & Poor’s (S&P), have recently acquired a global reach from their US home base. Their views on the creditworthiness of corporations, municipalities and sovereign governments have become much more significant as capital markets have grown more important as sources of financing relative to traditional bank loans. This new international role for the bond rating agencies builds upon a century of prior experience of rating and information provision in the United States. The long gestation undertaken by the rating industry is usually ignored by analysts, but it is central to understanding the resources the rating agencies bring to their work, and why they are able to shield themselves from some of the rating ‘failures’ that took place in the 1990s. What the agencies actually sell is a feeling of confidence in the future, and how that feeling is created, managed (and challenged) are key moments in understanding the rating system. Rating agencies vary by reputation, the more eminent firms being more successful at inducing confidence.1 I begin this report by briefly outlining the origins and current standing of the US agencies. The rating process and outputs are the focus of the second part, as these activities are key to understanding what makes rating work. In the third element of this report, I examine the controversy over the downgrading of Japanese sovereign bonds. In the subsequent section, I discuss the Enron bankruptcy, a key recent rating ‘failure’ that risks degrading or destroying the reputation of the global rating agencies. -
Pepper Removal Amendment May Reduce Land Donations
INDEX- What's going on around the islands Arts & Leisure 5B At Large 5A Business Briefs 7C Calendar 4B Classifieds 7C Commentary 6A Pioneers Island Guide Crossword 8Q Environment Hard-working Supplement Police Beat 2A Recreation 3C Prestons an offers helpful Remember When 4A Island Inn fixture information Insert 1961-1991 Still first c on Sanibel 1 and Captiva VOL. 30, NO. 8 TUESDAY, FEB. 19, 1991 THREE SECTIONS, 40 PAGES 50 CENTS Islander arrested on grand theft, forgery charges By Louise Henigman Islander staff writer In what's being called the biggest arrest on Sanibel since a 1985 murder, island resident Constance Methvin "Connie" Heldenbrand of Anchor Drive was charged Thursday, Feb. 14, with stealing more than $100,000 from her Sanibel employer, Dr. Rob Simmons. According to the arrest report, Heldenbrand, 42, stole the money from Simmons and office partner Dr. Ernest J. Gesiotto while she worked as their office manager and bookkeeper. She reportedly forged her name on their business checks and then deposited the funds into her personal banking account. Simmons told police that when he confronted Heldenbrand about the thefts, she admitted that she had committed the crimes over a period of about 1 1/2 years, which is the length of time she was employed there. Simmons reported this to the police Feb. 8. A police investigation revealed well in excess of 10 business checks of Simmons that had been made payable to cash, with Simmons' signature forged on them. They were endorsed "For Deposit Only" to the personal account of Heldenbrand and her husband. -
US Attorneys Attack Elderly Lady Innocent Victim To
Promoting Excellence in Investigative Journalism Vindicating the Innocent www.usobserver.com Volume 2 • Edition 29 CASE SPOTLIGHT IRS TARGET Alleged Fraudulent Idaho Survey US Attorneys Attack Elderly Lady Creates Nightmare for Landowners Innocent Victim to Face Jury By Edward Snook individual income tax returns. Investigative Reporter First off, Donna Kozak is completely incapable of Omaha, Nebraska – The ‘corruptly endeavoring’ to do federal trial of a completely anything. In 1996, Donna was a innocent and elderly Nebraska member of a local college faculty resident, Donna Kozak, is in her third of ten years of currently scheduled to begin on teaching adults English as a July 28, 2014 in Omaha, Second Language. According to Nebraska. Kozak is represented witnesses, Donna is by Omaha Attorney David R. exceptionally academic and she is Stickman. a wonderful Christian, mother Butch and Dorothy Walker As previously reported in the and wife.” US~Observer, “Donna Kozak is By Edward Snook named Bessie Harmon, Etta currently charged with nine THE PROSECUTION Investigative Reporter Harmon, Ellan Hoiland, Thain felony crimes. Two counts pertain Hoiland, Elvin Hoiland and the to tax crimes and seven counts Department of Justice Idaho County, Idaho – Grangeville Highway District as pertain to filing false liens into the Attorneys Brian D. Bailey and Property disputes between Defendants in their suit. public record regarding an Matthew R. Hoffman are neighbors just outside of However, our current unrelated event. The U.S. Donna Kozak currently prosecuting Kozak for Grangeville, Idaho began back US~Observer investigation is Attorney’s Office via their indictment elsewhere, the defendant, DONNA the U.S. -
Clydebuilt ~ Clyderigged ~
CLYDEBUILT ~ CLYDERIGGED ~ The Art and Craft of Traditional Ship Rigging …for what is the array of the strongest ropes, the tallest spars and the stoutest canvas against the mighty breath of the infinite, but thistle stalks, cobwebs And gossamer? J. Conrad, Mirror of the Sea 3 masted barque GLENLEE • built by Anderson Rodger of Port Glasgow for Sterling & Co Glasgow • riveted steel construction • launched fully rigged on the 3rd of December 1896 and named Glenlee • Sailed Liverpool 13 December 1896 in ballast 3 masted barque GLENLEE Length bp 245' 6" Breadth 37' 6“ Depth 22' 6" 1613 tons gross 1490 tons net Anderson Rodger c1843-1909 • The GLENLEE was launched by Anderson Rodger in Port Glasgow on December 3rd 1896 for Archibald Sterling & Co as a 3 masted Barque of 1,613 tons. BRIEF HISTORY • Sold 1898 to Robert Ferguson Dundee and renamed Islamount • Sold 1905 to R Thomas & Co Liverpool and operated as a one ship company - the Flint Castle Ship Co but not actually renamed • Sold1919 to Societa Di Navigazione Di Italiana and renamed Clarastella • Sold 1922 to the Spanish Navy for use as a sail training ship and renamed Galatea • Sold 1992 at auction to the Clyde Maritime Trust and renamed Glenlee Voyage Summary Cape Horn Trade Islamount (ex Glenlee) 1897-1919 • 14 voyages under the Red Ensign • 4 circumnavigations • 15 passages round Cape Horn • Over 5,000 days at sea Fred Noonan seaman’s card photo • 1913 Bark Islamount--April 30-Nov.19. Shipped on Liverpoll [sic] bark from Callao, Peru to Antwerp. Rated AB. Robert Thomas, Liverpool owners. -
Keynote Presentations at TSAPS Meeting 2020, Nov. 12-14, UTA
Keynote Presentations at TSAPS Meeting 2020, Nov. 12-14, UTA Fractal Universality in Nature Boltzmann Medal of the International Union of Pure & Applied Physics (2013). His research concerns instability, chaos, pattern formation, Diverse phenomena often yield unexpected and turbulence in fluid flows, granular media, similarities. In the 17th century Newton thought chemical systems, and swimming bacteria. He about the gravitational force between the earth and his students and collaborators have and an apple falling from a tree, and he said “I observed, developed, or discovered the began to think of gravity extending to the orb of transition to chaos in fluids in several different the Moon.” Systems of many particles (atoms, geometries, a laboratory model of Jupiter's molecules, or macroscopic grains) can similarly Great Red Spot, localized structures exhibit universal behavior. For example, studies ("oscillons") in oscillating granular media, of phase transitions in the 20th century methods for characterizing chaos, "Turing" culminated in Kenneth Wilson’s theory of patterns in reaction-diffusion systems, and universality in transitions in the phase of anomalous diffusion and Lévy flights in systems as different as fluids and magnets, for geophysical flows. His papers have been cited which Wilson was awarded the Nobel Prize in more than 45000 times (Google Scholar). 1982. The present talk examines spatial patterns that emerge in systems driven away from thermodynamic equilibrium by imposed gradients (e.g., in pressure, temperature, nutrient concentration). Experiments, observations of natural phenomena, and mathematical models are providing insights into the formation of ordered patterns in physical, chemical, and biological systems, as will be illustrated through examples that exhibit remarkable mathematical similarity, such as the wrinkling of the edge of dendrites, some flowers, torn plastic sheets, and bacterial colonies. -
DCS Treatment Updates
Treatment of Decompression Sickness Operational Update – May 2001 Aspirin is NO LONGER USED in the treatment of DCS. Reasons: ASA administration has never been shown to help prevent or treat bubbles DCS may induce microhemorrhages in tissues. ASA slows clotting. Hard to determine if symptom decrease is due to HBO treatment table or ASA This may be a critical treatment decision factor if using TT-5 Hyperbaric Oxygen is the only necessary and sufficient drug for DCS Employment of 100% O2 by tight fitting aviators mask during transportation to HBO chamber For mild to moderate symptoms with no CNS or spinal neurological involvement: Use cycles of 50 min of 100% O2, followed by a 10 min air break, instead of continuous O2 Reasons: Air breaks minimize likelihood of pulmonary and CNS O2 toxicity Rehydrate & feed patient orally during air break May obviate need for IV rehydration Bathroom privileges during air breaks You ever wear a tight fitting oxygen mask for 3 hours straight? Patient can call spouse – “I’ll be home late tonight.” Air breaks are NOT used during SLO2 (Surface Oxygen) treatment protocols For severe symptoms, chokes, shock, CNS, spinal, or worsening Sx despite O2 therapy: Use continuous O2 therapy with IV rehydration (0.9% Saline or Ringers Lactate, NOT D5W) In general, do not pass up an otherwise acceptable monoplace facility (with BIBS) in favor of a multiplace facility for treatment of severe DCS or AGE if the additional travel time to the multiplace exceeds 30 minutes. Less than 30 minutes difference, or mild to moderate symptoms, requires the sending physician to consider risks and benefits of treatment delay versus multiplace advantages. -
Financial Supporters
FINANCIAL SUPPORTERS Care and Share Food Bank for Southern Colorado 2011-12 Financial Supporters 100% Chiropractic Lanny and Paul Adams Mr. and Mrs. Jeffrey Ahrendsen 14K Real Estate Investments LLC Ms. Laura Adams Mr. Kevin Ahrens 1882 Management Mr. and Mrs. Lon Adams Mr. and Mrs. Charles Aiken 1st Cavalry Rocky Mountain Chapter Col and Mrs. Louis Adams Ms. Laverne Ainley 221 South Oak Bistro Ms. Maggie Adams Air Academy Federal Credit Union 4-Bits 4-H Club Ms. Mary Adams Air Academy Federal Credit Union 4Clicks - Solutions, LLC Mr. Michael Adams Air Academy High School - District 20 A & L Aluminum Manufacturing Company Mr. and Mrs. Rexford Adams Mr. TJ Airhart A Handymike Home Repair Mr. and Mrs. Robert Adams Aka Wilson, LLC A to Z Realty Mr. S. Michael Adams Mr. Richard Alaniz AA “Accurate and Affordable” Striping, Inc. Mr. and Mrs. Samuel Adams Ms. Susan Alarid AAA NCNU Insurance Exchange Mr. Steve Adams Ms. Karin Alaska AAA Northern California Nevada & Utah Suzanne Adams Mr. Arturo Albanesi AARP Foundation Adams Bank & Trust Mr. and Mrs. Mac Alberico Ms. Renee Abbe Mrs. Alda Adcox Ms. Cheryl Alberto Ms. Marjory Abbott Add Staff Inc. Mr. and Mrs. Dewey Albertson Jr. Mr. and Mrs. Peyton Abbott Ms. Constance Addington Mr. W. Gary Albertson Ms. Stephanie Abbott Mr. and Mrs. D. V. Addington Albertsons LLC Ms. Brianna Abby Ms. Linda Addington Mr. and Mrs. Albert Albrandt Mr. and Mrs. Donald Abdallah Ms. Vicky Addison Mr. Gerald Albrecht Mr. Tony Abdella Ms. Deirdre Aden-Smith Ms. Patricia Albright Mr. and Mrs. William Abel Mr. -
Congressional Record United States Th of America PROCEEDINGS and DEBATES of the 114 CONGRESS, SECOND SESSION
E PL UR UM IB N U U S Congressional Record United States th of America PROCEEDINGS AND DEBATES OF THE 114 CONGRESS, SECOND SESSION Vol. 162 WASHINGTON, WEDNESDAY, MAY 25, 2016 No. 83 House of Representatives The House met at 10 a.m. and was immigration executive actions is being says, Though you have made no mis- called to order by the Speaker pro tem- deliberated by the Supreme Court, or- take and have zero—I want to repeat— pore (Mr. ROTHFUS). dered the punishment of every single zero—responsibility for the con- f lawyer in the Justice Department in 26 troversy, you, the applicant, before the States. His claim is that some DOJ American government, could have your DESIGNATION OF SPEAKER PRO lawyers misrepresented to him whether name and address published for every TEMPORE they were complying with his injunc- two-bit vigilante and Twitter troll to The SPEAKER pro tempore laid be- tion suspending the immigration exec- read. fore the House the following commu- utive actions announced by President I thought Republicans were the ones nication from the Speaker: Obama in November of 2014. who didn’t like activist judges. I WASHINGTON, DC After his injunction, they were only thought they wanted as little govern- May 25, 2016. supposed to issue 2-year work permits ment as possible and to leave the legis- I hereby appoint the Honorable KEITH J. under the old rules to immigrants who lating and, I suppose, the intimidating ROTHFUS to act as Speaker pro tempore on applied for and received, after an ex- to the politicians here in Washington, this day. -
Celebrating 100 Years
AMERICANa CERAMICting SOCIETY ars Celebr 100 ye bullemerginge ceramicstin & glass technology SEPTEMBER 2021 Laser-driven chemical vapor deposition for high-performance fibers and powders New issue inside: SEPTEMBER 2021 • VOLUME 2 • ISSUE 3 www.ceramics.org/ceramicandglassmanufacturing THE VALUE OF COLLABORATION: PARTNERSHIPS ARE A PATH TO SUCCESS ABET ENSURES QUALITY IN UNIVERSITY ENGINEERING EDUCATION ACerS Awards of 2021 | Coe College glass research | Big science in aerospace When it Comes to Heat, We Sweat the Details! Your firing needs are unique. Our laboratory can run tests to So why use an “off the shelf” help identify your process kiln in your process? boundaries. Through our toll firing facility, we can At Harrop, we get it. help to further define That’s why, for over a the equipment/ century, we’ve been processing putting in the hard work combination that to design and service works best for your custom kilns. Is it harder material. And if you to do things this way? are not ready for a Yes. Is the extra effort new kiln, we can toll worth it? You bet! fire your material to help meet your At Harrop, we don’t production needs. stop there. If you aren’t sure what you Does your current need, we can help. kiln company sweat the details? www.harropusa.com 1.614.231.3621 Harrop Ad Sweat the Details ACerS Full Size w 100 logo.indd 1 5/21/20 9:33 AM contents September 2021 • Vol. 100 No.7 feature articles department Announcing ACerS Awards of 2021 News & Trends . 3 29 The Society will honor members and corporations at the Spotlight . -
SPALDING ENERGY EXPANSION CARBON CAPTURE READINESS FEASIBILITY STUDY March 2009
SPALDING ENERGY EXPANSION LTD SPALDING ENERGY EXPANSION CARBON CAPTURE READINESS FEASIBILITY STUDY March 2009 Prepared by Prepared for Parsons Brinckerhoff Ltd Spalding Energy Expansion Limited Amber Court 81 George Street William Armstrong Drive 3rd Floor Newcastle upon Tyne Edinburgh NE4 7YQ EH2 3ES UK Parsons Brinckerhoff Contents Page i of ii CONTENTS Page LIST OF ABBREVIATIONS 1 1. INTRODUCTION 1 2. APPROACH 2 3. LEGAL STATUS 3 3.1 Current arrangement 3 4. POWER PLANT 5 4.1 Sizing of CCS chain 5 5. CAPTURE PLANT TECHNOLOGY 7 6. STORAGE 10 6.1 Potential storage sites 10 6.2 Competing industrial factors 11 6.3 SEE project specific storage solutions 12 6.4 Potential future schemes 12 7. TRANSPORT 13 7.1 Additional CO2 sources 13 7.2 CO2 transportation by pipeline 14 7.2.1 Established technology 15 7.2.2 Risks 15 7.2.3 Legal and regulatory framework 15 7.2.4 Pipeline transport of CO2 from the SEE project 15 7.3 CO2 transportation by road 16 7.4 CO2 transportation by rail 17 7.5 Shipping 18 7.6 Compression 19 7.7 Liquefaction 19 8. INTEGRATION 20 8.1 Steam 20 8.2 Electricity 21 8.3 Space 22 8.4 Cooling 22 8.5 Summary 24 Document No. PBP/INT/SH/000003 SEE CCR FEASIBILITY REPORT.DOC/S3/2/K Parsons Brinckerhoff Contents Page ii Page 9. RETROFITTING CCS 25 9.1 Options for producing steam 25 9.1.1 Option 1 – LP steam turbine extraction 25 9.1.2 Option 2 – HP and/or IP steam turbine exhaust extraction 25 9.1.3 Option 3 – HRSG extraction 26 9.1.4 Option 4 – External steam supply 26 9.2 EA checklist for coal plant 26 9.2.1 Main requirements for CCGT plant 26 10. -
Based on a Review of the NOAA Diving Manual, 4
conditions, polluted water, rebreathers, Nitrox, mixed- gas diving, saturated diving, hyperbaric chambers, hazardous aquatic life, emergency medical care, and accident management. But wait, there's more: the appendices also cover field neurological assessment, various dive tables including saturation and Nitrox, a complete glossary, a very good list of references, and a useful index. If you want to complete your library, then also get: • U.S. Navy Diving Manual, available as a free but large 46MB pdf file on-line (www.supsalv.org/ divingpubs.html#Download) • Scientific Diving Techniques; A Practical Guide for the Research Diver, by John Heine (reviewed in Oceanography, 14(1), by Alice Alldredge) • Scientific Diving: A General Code of Practice, by Nick Flemming and Michael Max • The Encyclopedia of Recreational Diving, 2 °a edi- Comments on Technology Transfer in Diving: tion, Professional Association of diving Instructors, 1996, softcover and CD-ROM [some Based on a Review of the NOAA Diving redundancy with the NOAA Diving Manual, but Manual, 4 'h Edition a good chapter on the Aquatic Realm] Review by Part Two--Tech Transfer Melbourne G. Briscoe What this review is really about is a short essay on Office of Naval Research, Arlington, Virginia USA where the information comes from that goes into books Ronald B. Carmichael like the NOAA Diving Manual, and where it goes. Naval Sea Systems Command, Washington, D.C USA There are five major branches in the world of div- ing: commercial, public safety, military, scientific and Part One- Review recreational. In the United States the Occupational This is nominally a review of a 2001 publication, Safety and Health Administration (OSHA) either regu- the NOAA Diving Manual, Diving for Science and lates these activities or gives waivers if an alternative Technology, 4" edition, NTIS Order Number PB99- regulatory process exists. -
How the Lone Star State Reached the Entire Nation: the Need to Limit the Nationwide Injunction Against DAPA and DACA in United States V
Florida A & M University Law Review Volume 12 | Number 1 Article 6 Fall 2016 How the Lone Star State Reached the Entire Nation: The eedN to Limit the Nationwide Injunction Against DAPA and DACA in United States v. Texas Denise Cartolano Follow this and additional works at: https://commons.law.famu.edu/famulawreview Part of the Administrative Law Commons, Civil Rights and Discrimination Commons, Constitutional Law Commons, and the Immigration Law Commons Recommended Citation Denise Cartolano, How the Lone Star State Reached the Entire Nation: The Need to Limit the Nationwide Injunction Against DAPA and DACA in United States v. Texas, 12 Fla. A&M U. L. Rev. 135 (2016). Available at: https://commons.law.famu.edu/famulawreview/vol12/iss1/6 This Article is brought to you for free and open access by Scholarly Commons @ FAMU Law. It has been accepted for inclusion in Florida A & M University Law Review by an authorized editor of Scholarly Commons @ FAMU Law. For more information, please contact [email protected]. How THE LONE STAR STATE REACHED THE ENTIRE NATION: THE NEED TO LIMIT THE NATIONWIDE INJUNCTION AGAINST DAPA AND DACA IN UNITED STATES V. TEXAS Denise Cartolano* INTRODUCTION ................................................... 136 I. THE ExEcuTIvE ACTION ................................... 138 A. Prior to the Creation of DAPA and Expanded DACA.. 139 B. Overview of DAPA and Expanded DACA ............ 140 C. United States v. Texas ... ......................... 142 D. Nationwide Injunctions ........................... 145 II. LIMITING THE NATIONWIDE INJUNCTION ................... 145 A. Why the Nationwide Injunction Should Be Eliminated ..................................... 146 1. The Nationwide Injunction is Overbroad Based on Standing..................................... 147 2. The Nationwide Injunction is Overbroad Based on the Interests of Society .......................