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Some Bad And Some Good News On That Radiation Leak

Tyler Durden's picture


First the bad news:

  • It is coming. According to Japan's trade minister a leak will likely take place as the pressure is released imminently by TEPCO.

The good news:

  • The radiation released will be small.

It is unclear if the same measurement methods as are used in the calculation of Core CPI will be applied in calculating leakage. As to whether this "small amount" of radiation is alpha, beta or gamma, those interested to find out will get an answer based on the amount of extra fingers grown over the next month.


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Fri, 03/11/2011 - 14:22 | 1041389 Yen Cross
Yen Cross's picture

I got some radiation for ya. I'm long usd/jpy!!! Rock on USD.

Fri, 03/11/2011 - 14:29 | 1041441 Yen Cross
Yen Cross's picture

Gotta love Homer (obumma ) Simpson?

Fri, 03/11/2011 - 15:31 | 1041754 CPL
CPL's picture

Obama has the same media spin group the GoJ has. 

If anyone noticed the Media Spin group (GE) that is handling the affairs of the Nuclear contagion is the same folks that helped spin the Deepwater horizon.


Good times good times....we all know how that turned out...oh wait that one isn't done either, just forgotten.

Fri, 03/11/2011 - 15:50 | 1041831 New_Meat
New_Meat's picture

CPL: GE Media Spin needed since this is the (Toshiba or Hitachi-San) early/first knockoff of the GE BWR 1/Mk I design.


- Ned


Fri, 03/11/2011 - 15:03 | 1041606 Michael
Michael's picture

Waiting till after the close of US markets for press release.  The Govspeak dialog on TV is utterly nauseating and I can't take it anymore.

Piers Corbyn on Alex Jones had great information on natural causes of quake.  AJ's got the real news on the situation.

Best to have the TV on mute for pictures and listen to this link for sound.


Fri, 03/11/2011 - 16:00 | 1041812 Spalding_Smailes
Spalding_Smailes's picture

Japanese volcano now erupting ....

Almost simultaneously with the strong shock that hit Japan and triggered a giant tsunami in the Pacific, the Russian Kamchatka volcanoes erupted too. Eruption was accompanied by earthquakes.

Fri, 03/11/2011 - 15:59 | 1041865 SWRichmond
SWRichmond's picture

Waiting till after the close of US markets for press release.

Most credible report I've read all day.

Fri, 03/11/2011 - 16:25 | 1041914 Spalding_Smailes
Spalding_Smailes's picture


WASHINGTON — A massive earthquake that struck off the coast of Japan Friday was the strongest quake in the area in nearly 1,200 years.

David Applegate, a senior science adviser for earthquake and geologic hazards for the U.S. Geological Survey, said the 8.9-magnitude quake ruptured a patch of the earth's crust 150 miles long and 50 miles across.


REPORT: 88,000 People Are Missing In Japan


Fri, 03/11/2011 - 15:08 | 1041661 pazmaker
pazmaker's picture

Really?  I know looking at 1hour chart the jpy is looking over bought against USD  but yet the  is staying below $82...when do you think it will break?

Fri, 03/11/2011 - 14:21 | 1041391 ExpendableOne
ExpendableOne's picture

Three eyed sushi.....

Fri, 03/11/2011 - 14:25 | 1041411 glenlloyd
glenlloyd's picture

That only happens at the Springfield Nuclear Facility.

Fri, 03/11/2011 - 14:39 | 1041499 SilverRhino
SilverRhino's picture

Quantitative Radiation Easing: it only causes inflation in body parts.
Three eyes
three tits (hat tip: Total Recall)
Six fingers
Twelve toes.

Best a Japanese guy can hope for is two dicks.

Fri, 03/11/2011 - 15:51 | 1041837 Zeilschip
Zeilschip's picture

I like it. Three t!ts and two d!cks.

Fri, 03/11/2011 - 16:28 | 1041936 WALLST8MY8BALL
WALLST8MY8BALL's picture

we can send them the Bernank and Timmuh!

Fri, 03/11/2011 - 15:42 | 1041809 Cash_is_Trash
Cash_is_Trash's picture

Mutated sea bass baby!

Fri, 03/11/2011 - 14:21 | 1041398 riffraffy
riffraffy's picture

Who are the biggest US nuclear contractors?

Fri, 03/11/2011 - 15:26 | 1041728 CPL
CPL's picture


Fri, 03/11/2011 - 15:52 | 1041841 New_Meat
New_Meat's picture

and Toshiba (which has rights to the GE ABWR design). - Ned

Fri, 03/11/2011 - 14:22 | 1041399 EscapeKey
EscapeKey's picture

There is no problem, the problem is contained, the problem is minor.

Must have taken Bernanke's course on public speaking.

Fri, 03/11/2011 - 14:23 | 1041407 themosmitsos
themosmitsos's picture

dammit :(

Fri, 03/11/2011 - 14:23 | 1041412 Long-John-Silver
Long-John-Silver's picture

It would be embarrassing if they told everyone a TSA Scanner emits more radiation then the soon to be released Nuclear Power Plant Radiation.

Fri, 03/11/2011 - 14:43 | 1041505 SWRichmond
SWRichmond's picture

If the fuel has not been breached, and I have no reason to believe it has, then this is a correct statement.  If what I think is about to happen, happens, most of what they're going to release is steam / heat, because they've lost their ultimate heat sink, the main condenser is offline due to power problems, etc etc.  The fuel continues to produce "decay heat" for some time after shutdown, and this heat must go somewhere.  It normally goes to steam which is them condensed in a closed system.  The closed system is no longer available, so it gets released to atmosphere.  Since it is a BWR, there is some small amount of radioactive release.

Also see:

Fri, 03/11/2011 - 14:51 | 1041556 Spalding_Smailes
Spalding_Smailes's picture

Yuji Kakizaki, said that plant workers were cooling the reactor with a secondary cooling system, which is not as effective as the regular cooling method. 

[link to]

Banri Kaieda said that authorities were nearing a decision to release radioactive steam from a troubled nuclear reactor in a bid to ease a pressure build-up.

A spokesperson for Tokyo Electric Power, which runs the Fukushima No. 1 plant, told AFP: "Pressure has risen in the container of the reactor and we are trying to deal with it". 



Fri, 03/11/2011 - 15:11 | 1041671 Jim in MN
Jim in MN's picture

Two units have lost primary cooling at two plants.

Fukushima Daiichi and Onagawa.

Fri, 03/11/2011 - 15:16 | 1041693 Spalding_Smailes
Spalding_Smailes's picture

Edano said plant workers were having trouble generating sufficient electricity to pump water into the cooling system. They were using all available backup electricity, he said. "The emergency shutdown has been conducted but the process of cooling down the reaction is currently not going as planned," he said.

Fri, 03/11/2011 - 15:16 | 1041694 SWRichmond
SWRichmond's picture

The article you linked from yahoo, posted there a half hour ago, is itself merely a reproduction link to a three hour old report.  Need newer info.

Fri, 03/11/2011 - 15:22 | 1041716 Jim in MN
Jim in MN's picture

Um, that's kind of a wierd's news to everyone here, apparently.   

If I find any live video feeds showing the control room dials I'll be sure to pass it on.

Fri, 03/11/2011 - 15:30 | 1041753 SWRichmond
SWRichmond's picture

The Fukishima report is old news.  The response is already underway there; cooling water is being pumped in.  Are there any other reports of the other problem?

Fri, 03/11/2011 - 15:40 | 1041731 Spalding_Smailes
Spalding_Smailes's picture

FOX News, Japanese Prime Minister Naoto Kan announced the damage extended to a second power plant, Tohoku Electric Power Co. facility in Onagawa.


Over 100 aftershocks 4.5m

6.1m and a 6.2m on USGS

Fri, 03/11/2011 - 15:54 | 1041847 New_Meat
New_Meat's picture

S_S: your avatar has been proposed as the "final recourse." - Ned

Fri, 03/11/2011 - 15:11 | 1041674 SWRichmond
SWRichmond's picture

Junk me, and then please engage me in a technical discussion about this event.  Ready?

Fri, 03/11/2011 - 15:29 | 1041749 ColonelCooper
ColonelCooper's picture

You seem to have picked up a new President of the SWR fan club.  Now you can be junked simply for saying good morning.

You must have argued your case for fredom a little too well last night.  ;)

Fri, 03/11/2011 - 14:24 | 1041413 fuu
fuu's picture

So we are in the final season of West Wing all of a sudden? WTF is Alan Alda?

Fri, 03/11/2011 - 14:31 | 1041416 Cdad
Cdad's picture


LOLOLOLOLOL!  You kill me man...

You know radiation poisoning bullish!  Sheesh man, tell the people straight up.  Six finger is better and inflation is nowhere to be seen. 

Sweet!  What a day full of complete BS and nonsense and stupid people on TV.  All for free!



And gold running back to highs is also bullish.

And oil reramping is bullish too, and massive insurance claims...and QE5!

And every fucking thing you can think of is bullish...including cataclysmic earthquakes and radiation contamination and unemployment....because a bunch of scum bag investment bankers and brokers say so...for these next 30 seconds anyway.

Fire hose please!

Fri, 03/11/2011 - 16:07 | 1041880 centerline
centerline's picture

and BTFD!

Fri, 03/11/2011 - 14:25 | 1041418 MsCreant
MsCreant's picture

Let them eat iRadiation.

Fri, 03/11/2011 - 14:25 | 1041420 Ignorance is bliss
Ignorance is bliss's picture

No doubt the news of a radiation leak damage is understated. I'm also sure any news from the nuculear reactor to news agencies are sketchy at best. I've been to nuclear facilities in the past and those places are like fort knox. The media knows very little about what is actually going on behind the scenes. I hope things are indeed controllable.

Fri, 03/11/2011 - 14:52 | 1041575 Eally Ucked
Eally Ucked's picture

If the pressure rises and they have to release it that means they don't have enough coolant delivered to the reactor. Now it may mean the installation is damaged or they have problem with power (don't think so). If I understand it properly reactor has been already in shut down mode for some time (that's positive) but the critical thing is to deliver coolant (water), if that installation is damaged and they don't have enough kamikazes to fix it, good luck! 

Fri, 03/11/2011 - 14:59 | 1041599 dark pools of soros
dark pools of soros's picture

quick make a radiation tracker app for ipad2.. never let a crisis go to waste

Fri, 03/11/2011 - 14:57 | 1041601 Oh regional Indian
Oh regional Indian's picture

These thigns are controllable thill they are not controllable, at which point they are called run-aways.

As in run-away from them.

Nuke power was always akin to an evil genie. No gettign away from the risk. Then you put them all over the map in a highly geo-active zone.

Also heard a Volcano is exploding in Russia (Kamchata?).

It looks like we are on. Or... it's on like Donkey Kong!


Fri, 03/11/2011 - 15:57 | 1041846 bankonzhongguo
bankonzhongguo's picture

If you see little guys in white lab coats and helmets running AWAY from the reactor, take that as a sign.

Lets all pray this thing goes OK, because the USA is all downwind.

Fri, 03/11/2011 - 14:26 | 1041422 FaithEqualsZero
FaithEqualsZero's picture

As long as there is no core damage the radiation/contamination released from the relief valves will be minimal.

Fri, 03/11/2011 - 14:38 | 1041494 FaithEqualsZero
FaithEqualsZero's picture

The problem sounds like they are having trouble removing decay heat from the core causing temp and pressure to increase. Eventually the pressure will lift the emergency relief valves releasing pressure and removing some heat. Now the problem. If a relief valve sticks or they are unable to makeup the lost water the pressure will drop too much and the remaining water will flash over to steam in the core. This WILL cause core damage and be very bad. Junk me all you want, but having worked on operating reactors in the past these are the facts.

Fri, 03/11/2011 - 14:47 | 1041555 Cognitive Dissonance
Cognitive Dissonance's picture

Your credibility should not based upon you having worked on operating reactors. The question is were you able to keep them operating without hurting or killing anyone......that you know of?

Fri, 03/11/2011 - 15:00 | 1041614 SWRichmond
SWRichmond's picture

read my above

Fri, 03/11/2011 - 16:56 | 1042026 FaithEqualsZero
FaithEqualsZero's picture

CD: Yes I never had any problems with my operations or maintenance activities. All of my kids have all the required body parts no extras or missing ones. It appears there may be some other nukes on the board here. What they have written is accurate.

Does anyone know if these reactors are pressurized water? or open boils? It appears they are pressurized water types. Everyone hears "nuclear" and get scared. The pressurized water reactors are really safe granted there safety systems are funtional (three mile). Boiling type reactors are not (think Chrenobyl)

Fri, 03/11/2011 - 17:21 | 1042084 SWRichmond
SWRichmond's picture

All of the Fukushima plants are BWRs.  Chernobyl bears no resemblance to anything anywhere except in the former Soviet states.  The RBMK-1000 reactors are a nightmare, for many many technical reasons which will fly over the heads of everyone.  The operators there had manipulated the plant into a condition where water in the reactor was a net absorber of neutrons, so when the shift supervisor finally realized he was in the shitter and hit the scram button and the rods went in, they displaced water in the rod channels and the plant went prompt and blew up. "I pressed the scram button and then heard a boom."  Keff and all that. The designers designed a plant where such a condition was possible, though against procedure.  The operators were trying to set conditions for a turbine coastdown test just prior to a refueling shutdown, and they kept overshooting the desired conditions; they proceeded to defeat safety interlocks, several times, and use manual controls.

Fri, 03/11/2011 - 14:53 | 1041586 A Man without Q...
A Man without Qualities's picture

I'm not an expert, but I know it uses sea water as coolant.  I assume there is a system to extract this water from the sea, i.e. pipes and filters.  Is it possible this is what is damaged, so they are unable to bring in water, i.e., this is not a problem with generators or electricity?

I remember the accident back in 1999 and the thing that struck me was the Japanese have a strange attitude to nuclear power - they need it, but they hate it and prefer to ignore it, so the nuclear industry has adapted to work in the shadows, and the lines of communication are poor, so if there's a problem, they keep quiet about it even more than usual for Japanese culture...  I don't think we are close to a melt-down, but I doubt we'd be told if we were...

Fri, 03/11/2011 - 15:09 | 1041660 cornedmutton
cornedmutton's picture

Sea water may be used as a secondary coolant in the heat exchangers that also have main coolant running through them, but there's absolutely no sea water running through the core. Not only is the chemistry prohibitive in that it could possible clog small coolant passages, but all the dissolved metal ions (sodium, for example) would be irradiated as they passed through the radioactive flux, thereby activating them and making them radioactive as well. Also, sea water is very corrosive and would not be a good match for the metal used in the construction of these surfaces, which are very strong, yet very susceptible to corrosion, etc.

I get the feeling from reading reports that they've lost their main power source and a) their emergency cooling system(s) are all non-functional, or b) they're emergency diesels are non-functional and they have no power to run any of the control systems and pumps needed to keep coolant flowing across the hot core.


Fri, 03/11/2011 - 16:01 | 1041866 New_Meat
New_Meat's picture

Dude, they NEVER want seawater in the primary loop.  So the cooling water is deionized and cleaned, scrubbed, spindled, mutilated (tastes like yuck).  There are all kinds of safety related tanks storing RCS water.

Chlorides attack the stainless and stimulate stress cracking.

Fermi did an unintended experiment, putting the Detroit river into the core a while ago.  Costs a lot to clean everything up.

- Ned

Fri, 03/11/2011 - 16:23 | 1041922 cornedmutton
cornedmutton's picture

And here they go! My guess is they'll manual lift the reliefs before the pressure gets too high.

Fri, 03/11/2011 - 14:26 | 1041423 KickIce
KickIce's picture

no worry, radiation reak rary small.

Re use same calculation Chinese use to measure infration.

Fri, 03/11/2011 - 14:27 | 1041425 Misean
Misean's picture

Given that the plant is modern it will likely be quite small. Still, having flashbacks to Godzilla vs. The Smog Monster.

Fri, 03/11/2011 - 14:31 | 1041454 AN0NYM0US
AN0NYM0US's picture

on the topic of radiation

U.S. to publish radiation data from airport screening

Fri, 03/11/2011 - 14:33 | 1041468 Misean
Misean's picture

I'd rather handle plutonium.

Fri, 03/11/2011 - 14:35 | 1041481 AN0NYM0US
AN0NYM0US's picture

from the article

...There are about 486 full-body scanners in 78 airports around the United States, of which 247 are so-called backscatter machines made by Rapiscan Systems (clever company name is the 'a' long or short in  "Rapiscan") 

Fri, 03/11/2011 - 14:46 | 1041546 NotApplicable
NotApplicable's picture

Who can gate-rape you, with a radiating fry?

Juggle with your jimmies while you're trying not to cry

The TSA can, the TSA can

The TSA can 'cause the the Rapiscan man makes 'em all glow good.

Fri, 03/11/2011 - 14:33 | 1041471 Yen Cross
Yen Cross's picture

Flashbacks of childhood. Thanks.

Fri, 03/11/2011 - 14:41 | 1041511 Cognitive Dissonance
Cognitive Dissonance's picture

The plant was finished in 1971. Which means it's near the end of it's originally licensed life. That's not modern.

Fukushima 1, which was designed by General Electricand entered commercial service in 1971, was probably equipped to function for some hours without emergency diesel generators, according to David Lochbaum, who worked at three American reactor complexes that use General Electric technology.

Fri, 03/11/2011 - 15:02 | 1041621 RacerX
RacerX's picture

And wasn't it GE's reactors that have the basic cooling design flaw?

F. According to documents obtained by Public Citizen under the Freedom of Information Act, GE designed nuclear reactors around the world have a design flaw that make it virtually certain (90%) that in the event of a meltdown, radiation would be released directly into the environment and into surrounding communities, leaving the public without any protection. The NRC acknowledges that the reactor containment structure in GE built nuclear power plants did not work, but they licensed the reactors anyway. (Also, a dozen or more GE designed boiling water reactors in the US and abroad have evidence of cracking in the reactor core shroud -- a metal cylinder surrounding the reactor's radioactive fuel rods.)

Fri, 03/11/2011 - 15:32 | 1041759 ColonelCooper
ColonelCooper's picture

"We bring good things to life."

Fri, 03/11/2011 - 15:15 | 1041686 Misean
Misean's picture

That increases my concern minimally.

Fri, 03/11/2011 - 15:33 | 1041747 Cognitive Dissonance
Cognitive Dissonance's picture

That's fine. But since the entire basis for your statement was that the plant was modern, it raised my concern that you didn't know what you were talking about.

Fri, 03/11/2011 - 15:59 | 1041862 RacerX
RacerX's picture

Right.  1971 is not Modern. Autocad for design was a sliderule and compass then.

Fri, 03/11/2011 - 16:03 | 1041871 New_Meat
New_Meat's picture


"Given that the plant is modern..."

Daiichi commissioned in '71.

- Ned

Fri, 03/11/2011 - 14:28 | 1041432 RacerX
RacerX's picture

So what's the "Good News"?

Fri, 03/11/2011 - 14:28 | 1041443 AG BCN
AG BCN's picture

Ag 36.00

Fri, 03/11/2011 - 14:42 | 1041518 Long-John-Silver
Long-John-Silver's picture

Blythe Masters latest attempt to keep Silver below $36 on Friday close ends in failure.


You only know when dips happen after they've past into history.

Fri, 03/11/2011 - 15:05 | 1041635 RacerX
RacerX's picture

Funny because I was looking at SLV 34 as the target for the weeklies, based on OI.

Talk about getting victory ripped out of your hands! So sorry Blythe. Score one for the good guys!

Fri, 03/11/2011 - 14:27 | 1041433 MsCreant
MsCreant's picture

I don't know about ya'll, I can't tear myself away from the news coming in. I keep thinking it cannot get worse, and it does. Doom addiction or something. This is an especially bad day for the globe...

And my life is good (knock on wood) calm under control.


Fri, 03/11/2011 - 14:30 | 1041450 jus_lite_reading
jus_lite_reading's picture

Don't worry. The markets are up. This earthquake was good news for BEnron.

Fri, 03/11/2011 - 14:45 | 1041536 Cognitive Dissonance
Cognitive Dissonance's picture

The good news is that earthquakes, Tsunamis, hurricanes etc are all natural and a part of the Earth recycling and rejuvenating.

The bad news is that Earth is trying the shake a particularly nasty virus called humanity. It won't stop until it's cured.

Fri, 03/11/2011 - 15:10 | 1041663 RichardENixon
RichardENixon's picture

Off our meds today, are we?

Fri, 03/11/2011 - 15:17 | 1041692 Cognitive Dissonance
Cognitive Dissonance's picture

I see you still don't recognize satire and sarcasm when you trip over it. Keep up the good work.

Fri, 03/11/2011 - 16:39 | 1041954 RichardENixon
RichardENixon's picture

I see that you are still a smug, egotistical charlatan. I doubt you even know what satire is. By the way, I didn't junk you.

Fri, 03/11/2011 - 16:56 | 1041976 Pseudo Anonym
Pseudo Anonym's picture

satire and sarcasm

good one. this poster, ' richardenixon', is the epitome of dumbo 'merikans that could not comprehend what Archie Bunker was all about..I still remember the episode where Archie argued how great RichardeeeeNixon was. This poster is a MeatHead and needs to be ignored.

Fri, 03/11/2011 - 17:38 | 1042200 RichardENixon
RichardENixon's picture

You are the epitome of a buffoon has no comprehension of anything, but insists on boring us with your inane rantings nonetheless.

Sat, 03/12/2011 - 22:23 | 1045436 bunkermeatheadp...
bunkermeatheadprogeny's picture

Ergo, mua.

Fri, 03/11/2011 - 15:11 | 1041673 MsCreant
MsCreant's picture

On a long enough time line, all infestations are cured...

Fri, 03/11/2011 - 15:39 | 1041793 SheHunter
SheHunter's picture

Agreed Cog. When Mother Earth can no longer tolerate the human fleas crawling over her back and into her ears she stands up and gives a good shake.  or two.  or three.

Fri, 03/11/2011 - 17:53 | 1041968 Flakmeister
Flakmeister's picture

It is amazing the hubris of people that cannot grasp that the earth does not belong to us, we belong to the earth....

In New Age Speak:

Gaia is coming, and boy is she pissed....

In Earth Science Speak:

Our experiment to recreate Venus is proceedly apace.

In Engineer Speak:

Captain, I canna push the engines any harder, fuel intake has maxed out...


Fri, 03/11/2011 - 18:38 | 1042429 New_Meat
New_Meat's picture

In English:  All of this crap about the Earth attacking people is bullshit.  On the other hand, when people do stupid things, Natural Laws don't bend nor change based on the <fill in your proclivities here> of your 'nature'.

- Ned

Fri, 03/11/2011 - 19:20 | 1042607 Flakmeister
Flakmeister's picture


For every action there is a reaction

Fri, 03/11/2011 - 15:02 | 1041632 Yen Cross
Yen Cross's picture

Draw some trend lines, and do some sector P/E charts. Where is VIX and XLF? Use your time to educate. Just a thought.

Fri, 03/11/2011 - 15:11 | 1041665 SWRichmond
SWRichmond's picture


Read my above.  Not time for nuclear disaster yet.

Fri, 03/11/2011 - 15:57 | 1041853 kaiserhoff
kaiserhoff's picture

I'm not a nuclear scientist, so I have a polite question. 

Reports (MSM so sabe dios) that the US is flying in "coolant".  Primarily water cooled, I think, so what is that, and does it tell us anything?

Fri, 03/11/2011 - 16:13 | 1041890 New_Meat
New_Meat's picture

kaiserhoff, I just heard that on AP radio news myself.  Makes no sense to me at all.  This is a six-unit plant (that is, six reactors each with its own turbine-generator machine).  There is enough deionized water at the plant to handle any local needs for coolant.

Getting primary-grade water into the pressurized Reactor Coolant System, another matter.  But there are enough alternative/diverse ways to do so, and enough qualified people at site that I couldn't figure out what USAF would fly in that would have been missing.

But then again, Hillary said it, it was reported on Reuters, so it must be true!

- Ned

{I'm remaining sceptical about "coolant" though.}

Fri, 03/11/2011 - 16:15 | 1041897 cornedmutton
cornedmutton's picture

Grade A water (purified) is used for coolant.  Other U.S. nuclear-powered warships (aircraft carriers, submarines, etc.) are able to distill their own from sea water as they must have a source of make-up water while underway.  So they purify the water and the U.S. is able to deliver the "coolant" as needed.

Fri, 03/11/2011 - 17:56 | 1042280 SWRichmond
SWRichmond's picture

I suspect that what they flew in was a diesel generator.  But who knows?

Fri, 03/11/2011 - 18:33 | 1042413 New_Meat
New_Meat's picture

no Clinton, evidently.

Fri, 03/11/2011 - 23:25 | 1043236 SWRichmond
SWRichmond's picture

Tokyo Electric Power Company said that emergency diesel generators started as expected, but then stopped inexplicably after an hour and all emergency power was lost, leading them to notify the government of a potential "emergency" situation, in which local authorities could take precautionary measures with the nearby communities and evacuate them if necessary. About nine hours later, the Ministry of Economy, Trade and Industry said that three of four mobile power supply modules had arrived at the plant to supply emergency power and engineers were connecting the cables. Other supply modules were arriving via air. NISA noted that emissions from the exhaust stack showed no increase in radioactivity.

I guessed correctly.

Fri, 03/11/2011 - 14:28 | 1041435 Quinvarius
Quinvarius's picture

So your extra head will be too small for it's bites to hurt you.

Fri, 03/11/2011 - 14:38 | 1041493 Sophist Economicus
Sophist Economicus's picture

I do some of my best thinking with my little head

Fri, 03/11/2011 - 14:28 | 1041444 jus_lite_reading
jus_lite_reading's picture

WOW! Does this mean we still get the new Nintendo Wii 2 for Xmas?

Also, is this how Godzilla is rumored to have been created?

Also, this is BULLISH for the economy, right?

Also, the 3rd volcano to erupt today is also positive for growth in the US?

Also, now that 50,000 people in Japan are unaccounted for, the economy of Japan can grow faster?

Also, does this bring down the price of rice, and lowers the CPI so BEnron can bring about QE3 - QE666?



Fri, 03/11/2011 - 14:32 | 1041458 redpill
redpill's picture

Glowing green shoots, sweet!

Fri, 03/11/2011 - 14:34 | 1041466 Charles Wilson
Fri, 03/11/2011 - 14:35 | 1041474 Joe Sixpack
Joe Sixpack's picture

The main issue is less the radiation itself, but whether it contains radio isotopes. If cooling water steam, likely not.

Fri, 03/11/2011 - 14:40 | 1041492 truont
truont's picture

First the bad news:

According to Japan's trade minister a leak will likely take place as the pressure is released imminently by TEPCO.

"Bad News" in the understatement of the day.

Riddle:  What do you get when you mix a government admission of a "small radiation leak" and one of the most densely populated countries in the world?

Answer: FUBAR.

The best hope is that the Japanese government is more honest in their assessments of disasters than the US Govt is...

Fri, 03/11/2011 - 14:43 | 1041528 Cdad
Cdad's picture

Listen Truont, we got a rally going here, so you might want to consider J. Dimon's feelings on just how hard it is to be him before you go talking about radiation leaking somewhere...which might cause people to be concerned...about things other than when the next Icrapple is to come out.

So you go get yourself a prescription or something....'cause we don't need no citizen causing "concern." 

Understood?  Steve Grasso said so, too, so start buying upside, OTM Roach Motel [SPY] calls...chop chop.

Fri, 03/11/2011 - 14:51 | 1041562 truont
truont's picture

I took the blue pill, Cdad, and I feel better now.  Thanks. :)

Fri, 03/11/2011 - 15:04 | 1041637 Cdad
Cdad's picture

Gooooood.....that's good truont.  Glad to hear that you are feeling better now and are buying upside OTM calls into a Friday during this small radiation leak mishap. 

Glad I could help you.

Fri, 03/11/2011 - 14:41 | 1041501 Milton Waddams
Milton Waddams's picture

wrong thread

Fri, 03/11/2011 - 14:43 | 1041515 truont
truont's picture

Interesting that it is the thread that is wrong, and not the poster on said thread...

Fri, 03/11/2011 - 14:42 | 1041510 d00daa
d00daa's picture

This is bullish for equities.  BTFD.

Fri, 03/11/2011 - 14:43 | 1041519 CitizenPete
CitizenPete's picture

A small nuclear belch is predicted. 

Fri, 03/11/2011 - 14:46 | 1041539 Long-John-Silver
Long-John-Silver's picture

Will it result in higher or lower radiation exposure as compared to being run through a TSA airport scanner?

Fri, 03/11/2011 - 14:44 | 1041520 gwar5
gwar5's picture

Good news: It's a small leak of radiation of you're upwind.

Bad news: Not so much if you're downwind.

Fri, 03/11/2011 - 14:44 | 1041525 pleseus
pleseus's picture

Flood the reactor core with US Dollars.  I think that will cool the core. 

Fri, 03/11/2011 - 14:46 | 1041526 NidStyles
NidStyles's picture

I'm still trying to figure out how a pebble bed reactor can overheat. The reaction is controlled 100%. The cooling system is also seperate from the core itself. I'm not going to lie, I'm baffled. I think we are being fed a line of BS here.

Fri, 03/11/2011 - 14:59 | 1041605 cornedmutton
cornedmutton's picture

The controlled fission has been stopped - for sure - as the report indicated the reactor was shutdown.  However, the radioactive byproducts from the fission events are still present (in huge amounts) and will continue to decay, giving off massive amounts of heat well after the shutdown.  The core MUST be continually cooled to keep the fuel and metal support structures within temperature limits or the fuel WILL begin the melt, further releasing these radioactive materials directly into the main coolant where ongoing attempts to cool the reactor can lead to further environmental release.

Fri, 03/11/2011 - 20:19 | 1042834 NidStyles
NidStyles's picture

From what I am reading on this, the core itself was damaged. That along with TEPCO's horrible history of maintenance, and we have what's happening. Funny thing the reactor is a GE design.

Fri, 03/11/2011 - 16:16 | 1041900 New_Meat
New_Meat's picture

NidStyles: a) this is an early BWR, b) pebble bed can overheat, but it shuts itself down.

I think some research is warranted.

- Ned

Fri, 03/11/2011 - 20:16 | 1042830 NidStyles
NidStyles's picture

Ahh, I thought TEPCO had moved completely over to Pebble bed after the crap that happened in the '80's.

Fri, 03/11/2011 - 14:45 | 1041534 TobyJones
TobyJones's picture

Japan doesn't exactly have a great history of honesty with nuclear leaks.

Fri, 03/11/2011 - 16:34 | 1041946 Clamdigger
Clamdigger's picture

Hiroshima and Nagasaki don't count.

Fri, 03/11/2011 - 14:46 | 1041544 knavechild
knavechild's picture

My wife and I are due to have a baby today or tommorow. Nothing like a little radiation leak to welcome a new life form to planet Earth.

Fri, 03/11/2011 - 16:37 | 1041958 citta vritti
citta vritti's picture

good luck to you all

Fri, 03/11/2011 - 14:49 | 1041545 Mrmojorisin515
Mrmojorisin515's picture

I'm sorry for the Japanese, but what's going on in the Middle East?  Why no news on that front?


The japs were HAARP'd!!!

Fri, 03/11/2011 - 14:51 | 1041566 rubearish10
rubearish10's picture

'cause the radioactive winds of sensationalism are blowing further east.

Fri, 03/11/2011 - 14:46 | 1041549 sabra1
sabra1's picture

send in a naked bernank and timmy to close all valves! hopefully their little peckers will fall off!

Fri, 03/11/2011 - 14:52 | 1041573 knavechild
knavechild's picture

Maybe Benny can print a tsunami of dollars to overtake the Japanese tsunami and cancel it out.

Fri, 03/11/2011 - 15:08 | 1041652 MsCreant
MsCreant's picture

That is literally what they WILL DO. Congrats on your baby. Focus on that, not this shit. Doom will be here tomorrow and the day after.

Fri, 03/11/2011 - 14:53 | 1041574 bob_dabolina
bob_dabolina's picture

I just took a Bernanke

Fri, 03/11/2011 - 14:54 | 1041580 cornedmutton
cornedmutton's picture

No "radiation" will be released as it is energy and not material (if you must know though, a vast majority of the emission will be gamma radiation). Radio-isotopes of gases produced during the fission process will be release as they are entrained in the main coolant (deionized, purified water) and the steam that will be vented in order to relieve the rising pressure due to heating as the byproducts continue to decay. Without sufficient cooling the pressure within the main pressure vessel and the attached cooling loop(s) will continue to increase until such point as they pressure cannot be contained without rupturing the containment walls.

At this point, assuming their emergency cooling system and/or emergency diesel generator are not working, a pressurized feed and bleed may be their only option. This, of course, requires bleeding/venting the system...something we'd all like to avoid if possible.

Fun, fun, fun.


Fri, 03/11/2011 - 14:52 | 1041582 Verum
Verum's picture

I was a little confused by market action today but then I remembered my lesson from econ 101: a broken nation is good for the global economy.

Fri, 03/11/2011 - 15:34 | 1041772 Cow
Cow's picture

just like a broken window

Fri, 03/11/2011 - 14:54 | 1041584 falak pema
falak pema's picture

If Iran belched like the Japanese reactor is said to do for whatever reason, it would immediately result in a massive air strike from Israel supported by the US navy in the Indian Ocean with its missile launch hot like red rods on alert. Is Israel considering attacking Japan? But then a japanese kamikaze doesn't look like a palestinian...Where does facial prejudice lead us...

Fri, 03/11/2011 - 14:53 | 1041585 gall batter
gall batter's picture

sad, so sad.  i am saying a prayer for the people whose lives will be affected by what CNN reports is a "small" leak of radiation.  

Fri, 03/11/2011 - 14:55 | 1041590 onarga74
onarga74's picture

Doesn't Japan have a QE app for radiation leaks?  I guess we have to lead in everything.  Japan's newest tourist attraction... Chernobisaki.  Book by the end of June and we'll throw in the mask for free.

Fri, 03/11/2011 - 15:00 | 1041613 Rodent Freikorps
Rodent Freikorps's picture

Can I go long on six legged Kobe beef?

Fri, 03/11/2011 - 14:59 | 1041620 RmcAZ
RmcAZ's picture

Press release from TEPCO on status of electric facilities:

Fri, 03/11/2011 - 15:02 | 1041631 BennyBoy
BennyBoy's picture

All radiation measurements will be calculated using the hedonic deflator.

Fri, 03/11/2011 - 15:04 | 1041642 mt paul
mt paul's picture

glow in the dark 


Fri, 03/11/2011 - 15:11 | 1041672 MachoMan
MachoMan's picture

The bad news: they're going to be exposed to nuclear radiation

The good news: it's not their first time to be exposed

Come to think of it, this probably explains their game shows...

Fri, 03/11/2011 - 15:12 | 1041677 Rodent Freikorps
Rodent Freikorps's picture

And the tentacle porn.

Fri, 03/11/2011 - 15:50 | 1041832 MachoMan
MachoMan's picture

Definitely some weird porn out of that lot...  was tubgirl a japanese creation?  Maybe we need to send the SEC to verify.

Fri, 03/11/2011 - 15:14 | 1041684 Jim in MN
Jim in MN's picture

It's two units at two different plants, by the way.  So cross the fingers on BOTH hands.


Fri, 03/11/2011 - 15:18 | 1041695 DosZap
DosZap's picture

If you had to pick a Western Nation NOT to build Reactors,which would YOU pick.


Fri, 03/11/2011 - 15:27 | 1041739 AG BCN
AG BCN's picture

Spain. It would go to sleep in the afternoon and then wave its arms around.

Fri, 03/11/2011 - 16:19 | 1041906 New_Meat
New_Meat's picture

Dos: Hitachi, Toshiba, and MHI are pretty much only concerns who CAN forge the vessels today. - Ned

Fri, 03/11/2011 - 15:20 | 1041705 mynhair
mynhair's picture

Let's rally more!  6.2 in central Japan.

Fri, 03/11/2011 - 15:21 | 1041712 djsmps
djsmps's picture

CNN just reported another large (6.6?) earthquake on a separate fault, inland near the city of Nagano.

Fri, 03/11/2011 - 15:21 | 1041718 Lapri
Lapri's picture

That was a country where the nuke plant workers carried uranium solution in buckets, smoking cigarettes. I wouldn't necessarily trust what they say.

Fri, 03/11/2011 - 15:25 | 1041727 waterdog
waterdog's picture

you guys are funny...sick...but funny.


Fri, 03/11/2011 - 15:37 | 1041786 Cdad
Cdad's picture

Oops...looks like the Ministry of Truth [CNBC] couldn't ignore the story any longer.  However, what better way to bury it than to have E. Burnett talk about it in an utterly useless context ["Should the US build more Nukes?"]

It's just comical today.  If only it were all happening in a great big snow storm, too.

Our leadership, politically, financially, in media... morons...all of them.  Full on display today, I tell ya.  Funny as hell to see.

Fri, 03/11/2011 - 15:45 | 1041797 papaswamp
papaswamp's picture

6.1 and 6.1 just hit...I suspect more to come. Could be a major shift cycle. Plate adjustments should occur elsewhere along the pacific rim.


Ap is reporting 1 dead and 3 swept out in Crescent City CA

Fri, 03/11/2011 - 15:40 | 1041800 TooBearish
TooBearish's picture

As soon as the waters recede the happy talk will shift to how simulative the rebuilding effort is to the world economy....BTFD

Fri, 03/11/2011 - 15:48 | 1041824 10kby2k
10kby2k's picture

Now  the 28 nukes accross the US that were gaining steam to get approval as THE alternative energy source will be shot down.  We don't need Montana, South Dokota or Nevada....go ahead with the nukes.

Nat gas cars, nuke electric and 35 year life expectancy (that solves the pension problem).

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