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Town near nuclear plant rejects TEPCO's insulting offer

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pokerfan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-11 01:51 AM
Original message
Town near nuclear plant rejects TEPCO's insulting offer
Edited on Wed Apr-06-11 02:00 AM by pokerfan
Tokyo (CNN) -- Acknowledging the toll the unrelenting nuclear crisis has had on people's lives and livelihoods, the owner of Japan's stricken nuclear plant has offered money to some of those in the radiation's reach -- an offer that one city decided to refuse.

<...>

The company called the initial offer "payment for their troubles," and would not detail how much money is being offered to each community. But Kousei Negishi, who is the manager of general affairs for Namie, said that it was 20 million yen -- about $12 for each of Namie's roughly 20,000 residents.

http://edition.cnn.com/2011/WORLD/asiapcf/04/05/japan.n...

$12? :wtf:
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-11 02:18 AM
Response to Original message
1. We're sure this isn't BP?
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Paradoxical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-11 02:19 AM
Response to Original message
2. I'm pretty sure the company is going broke and has been nationalized.
Right?

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pokerfan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-11 04:19 AM
Response to Reply #2
3. Not yet
Prime Minister Naoto Kan last week moved to dismiss speculation the government is planning to nationalise the company as it faces mounting compensation obligations. Tepco has said it may need state help to meet them.

http://www.straitstimes.com/BreakingNews/Money/Story/ST...
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-11 07:34 AM
Response to Reply #3
4. "Dismissing speculation" in Japan can be interpreted in many ways
However, according to an April 1 article in the Japan Times, nationalization is not imminent, but it is not "off the table", either.

http://search.japantimes.co.jp/cgi-bin/nb20110401n1.htm...
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