#centrus

Yet another Russian connection. Read on.........

Excerpt from this Houston Chronicle story:

Energy Secretary Rick Perry’s decision to award a $115 million no-bid contract to develop an advanced nuclear enrichment facility in Ohio is drawing scrutiny from Senate Republicans.

The Department of Energy said this month it would award the contract to Centrus Energy, a former government-owned contractor that ceased enrichment operations in 2013 before declaring Chapter 11 bankruptcy.

In a letter to Perry this week, Sen. John Barrasso, R-Wyo., chairman of the Senate Environment and Public Works Committee, said the company had a  mixed history in fulfilling federal contracts for nuclear fuel and questioned whether the money it received would end up supporting the Russian state-owned firm TENEX, from which Centrus buys enriched uranium.

“This contract appears to use American taxpayer funding to bailout Centrus, an unsuccessful business that relies on commercial relationships with Russian state-owned corporations to stay in business,” Barrasso wrote. “Congress did not authorize or fund this project.”

Centrus, the Maryland-based successor to the former United States Enrichment Corp., which was privatized in 1998, operated enrichment plants in Ohio and Kentucky until 2013, when uranium prices crashed following a tsunami that caused the shutdown of nuclear plants in Japan.

Centrus Power Is Poised For Progress – Purchase

This text was written by Observe After 43+ years working for one funding analysis firm or one other, I lastly retired. So now, I’m fully unbiased. And for the primary time on Looking for Alpha, I received’t be working primarily based on anyone else’s product agenda. I’ve just one purpose now… to provide the finest actionable funding insights I can.I’ve lengthy specialised in…

A few hours had passed, and Centrus found himself in a small but bustling market. Surrounding him were all sorts of vendors, as well as the aroma of fresh breads, cut meats, and malodorous cheeses. Though his stomach was screaming at him to gorge himself, but he had disciplined himself better than that. A small loaf of bread would suffice, as well as be the easiest to steal. Inching casualty toward a bread vender, joining a crowd as not to draw suspicion, he identified a roll of staling bread barely bigger than his fist the vendor had for cheap. While it wasn’t as appealing as the sweeter and bigger breeds the vendor had closer to him on the table, it would be sufficient to satisfy his hunger, and easier to steal. He stood next to a man, hoping lookers on would assume him a father of his. He looked to make sure the vendor and guards weren’t looking, and quickly snatched the roll. He was turning to make his retreat into the mindless masses of people, when he felt a large hand grab the back of his hood. “What do you think you are doing?” said the man he had been standing next to. Damn, Centrus thought. I was hoping my cover would be more cooperative.

He had to act fast, it would be harder to escape with more attention than the man had already drawn. He whistled three notes in quick succession, and within seconds his raven swooped down towards the man, forcing him to duck and relinquish his grip. Like that he was off, sprinting through the crowd in the first direction he saw. Despite his small size, Centrus pushed the confused patrons of the market to the sides with ease, thanks to his increased strength from his increased gravity training. He rushed into an ally, and used his small size to slip away through a crack in a wall. He now had time to catch his breath and eat some of his bread. His raven flew back to him now, after loosing it’s own pursuers. “Great job, Wan.” Though small and not as intimidating as a hawk, she was fiercely loyal to him and would protect him with her life. He tore off a piece of the bread for her, oblivious to where he was standing.

A Scooby Do mystery

When I see something like this on The Hill’s website, my curiosity is definitely piqued because, knowing how the game works,  this simply makes no sense. What “screams” at me is that there is definitely something else going on. Dan Poneman was an official at the Department of Energy. He left that position and went to work at Harvard. Five months later, he’s tapped as CEO of Centrus Energy.…

From DOE to CEO: Revolving Door Spins in Washington as Top Official Hired by Nuclear Company

By Sarah Lazare

Common Dreams

March 17, 2015

  From DOE to CEO: Revolving Door Spins in Washington as Top Official Hired by Nuclear Company Watchdogs raise ethics concerns as Dan Poneman takes helm of company that benefited significantly from lucrative government deals on his watch

  President Barack Obama listens to then-Acting Energy Secretary Daniel Poneman May 8, 2013. (Photo: White…