One Minute Macro Update: Japan Mulls Rebuild Funding

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Tue, 03/29/2011 - 08:17 | 1112099 dark pools of soros
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TEPCO prez has fled Japan......

Tue, 03/29/2011 - 08:30 | 1112129 Harlequin001
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How do you know?

Tue, 03/29/2011 - 08:36 | 1112142 dark pools of soros
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they said he was sick for a week and now working in a command center...yet no one has seen him - he's finished more than Qadaffay

Tue, 03/29/2011 - 12:02 | 1113033 Ahmeexnal
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TEPCO prez has fled Japan......

 

Did they check his gulfstream for gold bars?

Tue, 03/29/2011 - 08:18 | 1112103 GrinandBearit
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Another earthquake a couple minutes ago in Japan... 6.3. 

Are these still considered "aftershocks"?

http://earthquake.usgs.gov/earthquakes/recenteqsww/Quakes/quakes_all.php

 

Tue, 03/29/2011 - 08:23 | 1112116 tek77blu
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Here's a great interview on the Japanese rebuilding...he says, "It will cost more then $250 billion to rebuild".....

http://www.contraryinvestorscafe.com/bobchapman

Tue, 03/29/2011 - 08:24 | 1112124 tek77blu
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Here's a great interview on the Japanese rebuilding...he says, "It will cost more then $250 billion to rebuild".....

http://www.contraryinvestorscafe.com/bobchapman

Tue, 03/29/2011 - 08:42 | 1112157 johnQpublic
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i wonder how much and how many it will cost to stop the spewing reactors

and do they intend to start rebuilding before they figure out how they will stop said spewing reactors

seems wasteful to rebuild a potential wasteland....yet somehow bullish

Tue, 03/29/2011 - 12:40 | 1113165 goldfish1
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This guy's on dope.

Ghosn Visits Quake-Hit Nissan Plant, Vows Quick Recovery photo TOKYO (Nikkei)--While visiting an earthquake-stricken Nissan Motor Co. (7201) plant in Iwaki, Fukushima Prefecture, Tuesday, CEO Carlos Ghosn dismissed concerns that the automaker might permanently close the facility, and instead vowed to use every possible means to rebuild it.

http://e.nikkei.com/e/fr/tnks/Nni20110329D29SS347.htm

...the top government spokesman deplored the detection of plutonium in the soil of the Fukushima plant...

http://e.nikkei.com/e/fr/tnks/Nni20110329D29JF370.htm

 

Tue, 03/29/2011 - 12:30 | 1113148 goldfish1
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lowball

Govt May Ask Farmers To Delay Rice Planting Amid Radiation Scare

The agricultural ministry is considering asking farmers in Fukushima and some other prefectures to delay rice planting for a few weeks amid growing concerns about radiation leaks from the Fukushima Daiichi nuclear power plant crippled by the devastating earthquake and tsunami earlier this month, officials said.

The delay would give the Ministry of Agriculture, Forestry and Fisheries time to examine whether rice paddies are too contaminated with radioactive substances to allow cultivation, the officials said.

...The ministry intends to compensate affected farmers if necessary, the officials said.

http://e.nikkei.com/e/fr/tnks/Nni20110329D29JF371.htm

Tue, 03/29/2011 - 08:33 | 1112133 Harlequin001
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'ECB overnight lending spiked again for second day, with borrowings totaling €3.13B v €3.39B prior as markets await the result of Ireland’s stress tests later this week'

Stress tests. You must be kidding...

That one's easy, they broke.

Tue, 03/29/2011 - 08:54 | 1112135 Mercury
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The U.S. Treasury Dept. has announced that it will publically grade mortgage providers on response quality to homeowners that need payment reductions.

I guess we've given up on grading mortgage providers by how well they manage risk.  This ought to help kick "the recovery" into high gear...

Tue, 03/29/2011 - 09:05 | 1112231 NOTW777
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"The U.S. Treasury Dept. has announced that it will publically grade mortgage providers on response quality to homeowners that need payment reductions."

How about grading our president and congressman on how well they represent the interests of average citizens, how well they follow the constitution and how well they tell the truth.

Tue, 03/29/2011 - 09:07 | 1112237 HedgeFundLIVE
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Japan picture is def. not getting any better, and mkt doesnt give a flying eff: http://www.hedgefundlive.com/blog/tuesday-morning-recap-pre-market-action-in-spooz-remains-muted

Tue, 03/29/2011 - 09:07 | 1112239 ivars
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It seems there might be a chance of a bigger aftershock coming to Japan very soon (1-2 weeks?)  (M>7) , from the  current clustering of 4 M>6 quakes in last 5 days.

http://www.saposjoint.net/Forum/viewtopic.php?f=54&t=1245&p=31457#p31457

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