Loren C. Steffy's Blog, page 20

Stanford settlement clear way for investor recoveries

The deal frees up most of the $350 million in assets that had been frozen in various foreign bank accounts since Stanford's global investment scheme was revealed to be a $7 billion fraud in 2009.

Ryan’s budget ignores more pressing needs

Once again, lawmakers and the Obama administration seem to be focusing their attention on things that matter less.

Inaction amps up summer power worries

The Public Utilities Commission could and should take steps to ease the threat, it probably won't.

`Grand Ambition’ a tale of disparity: Friday Bookshelf

Grand Ambition is a single story that illustrates the wealth disparity in America, and how the ripples from the financial crisis filtered through the economy at all levels of income.

BP’s CEO overlooks a lesson lost

Testimony from the Deepwater Horizon trial raises questions once again about how seriously BP has taken its commitments, at least as they relate to management's accountability.

PUC won’t address electric reliability until fall

By the time commissioners gets around to addressing reliability issues they may be taking a vote by candlelight.

What BP’s Bob Dudley didn’t say

Will BP ever examine the cultural causes of its operating failures, or will management continue to get a pass? How it address that issue has a lot to do with the credibility of BP's story going forward.

GM CEO wants government to back nat gas refueling stations

Clearly, the government has the power to get the country over the hump on natural gas vehicle demand. The question is whether the public will tolerate more government intervention that benefits the automakers.

Hess announces new director slate amid investor pressure

As the battle has unfolded in recent weeks, Hess shares have risen and shareholders could reap even more benefits as the dispute continues.

There’s no free ride in the Gulf

Markey threatens to unravel one of the few bipartisan laws that contained something so often lacking in energy legislation: long-term vision.