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Wall Street

Unlike in the 1970s - when the nuclear industry became "the largest managerial disaster in business history" (according to Forbes magazine) - Wall Street is no longer prepared to underwrite new reactor construction and is looking to the U.S. taxpayer to take the risk and foot the bill.

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Entries from July 1, 2009 - July 31, 2009

Saturday
Jul112009

Beyond Nuclear White Paper on "Nuclear Power's Toxic Assets" and why Wall Street won't touch them

The financial meltdown has amplified the already profound risks of investment in new nuclear reactors. The nuclear industry - recognizing this - is chasing potentially hundreds of billions of dollars in federal loan guarantees and taxpayer subsidies. Read the White Paper and the Fact Sheet synopsis.