Tag Archives: Betty Liu

Bloomberg links MS Kemper Coal cost overruns to GA Plant Vogtle nukes

Betty Liu of Bloomberg quizzes Thomas A. Fanning of Southern Company Bloomberg has video of Southern Company CEO Thomas A. Fanning trying to explain away how cost overruns at SO’s nuclear Plant Vogtle in Georgia are linked to cost overruns SO’s coal Plant Kemper in Mississippi.

Betty Liu: This project along with the Vogtle project… has some investors wondering maybe Southern Company has stretched itself too thin, with these two major projects you’ve got under way….

Fanning: In fact, the Vogtle project is going beautifully. We have delayed the in-service date by a year, but….

That’s funny, GA PSC and the AJC say Continue reading

Jails Reap Millions Off U.S. Illegal Alien Crackdown

Betty Liu reports for Bloomberg that Jails Reap Millions Off U.S. Illegal Alien Crackdown:
The big winner in the crackdown on the illegal immiggration has been the private prison industry. As Bloomberg Business Week reports in its latest issue, companies such as Corrections Corporation of America are making millions. In fact, CCA makes more money from detaining immigrants than it does from any single U.S. state.
She goes on to mention CCA’s stock price has gone up by a factor of ten since 9/11.


Bloomberg’s Betty Liu reports, 18 March 2011. (Source: Bloomberg)

The source of the money CCA and its investors and executives are making? Our tax dollars!

With all the additional jail time, misdemeanors, and felonies in new state laws such as Arizona’s, states could catch up with the feds in paying CCA through the nose!

-jsq