Cellulosic ethanol. TNG

BiofuelsDigest

Cellulose as a source of cheap simple sugars, and an army of underpaid microbes that convert simple sugars into green gasoline, green diesel — the drop-in fuels — as well as a base for a dizzying array of renewable chemicals. God bless Joe VC, Martha VC, and Uncle Sam who put up the [...]

Florida regulators never acted on troubling findings about Allen Stanford

Florida bank regulators hold a meeting to discuss their 'investigation' of Allen Stanford

Miami Herald. This is damning stuff. I hope the pretend regulators involved to go to prison.

Employees for disgraced banker Allen Stanford were shredding records and sending pouches to Antigua stuffed with money — under the watch of Florida regulators.

He [...]

Farmers may get cash for unused corn cobs

Rather than plowing corn cobs under, Iowa farmers will be able to sell them to plants that will turn them into ethanol and fertilizer.

The farmers can just leave the cobs piled in the fields and have them picked up. 25,000 acres of corn fields will be used, generating about a ton of cobs [...]

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More headlines you can’t make up

Jumbo flying squid attack scuba divers in San Diego. Giant mysterious blob found floating off Alaska coast.

Tata Nano. The world’s cheapest car ships

The basic version of the Tata Nano costs just $2,531 and has shipped in India. Sure, it’s tiny, and no frills. But millions who want cars will now be able to afford them.

It gets 56 mpg and does surprisingly well on crash tests.

[...]

Joseph Cassano. The man who blew up the economy

Michael Lewis profiles Joseph Cassano of AIG Financial Products, whose arrogance, stupidity, and greed directly led to the destruction of AIG and the cratering of the world financial system. That’s not an exaggeration.

Californians want to know, how do you close a park anyway?

Topanga State Park hiking trail

The infants in Sacramento continue arguing about the California budget. Reports are they may actually have a deal soon. We’ll see. One thing for sure, budgets are getting decimated and 220 parks and beaches are scheduled to close.

So just how will this done? Put a fence around it [...]

Bank Failure Friday. Four more go down

Four banks went down yesterday and were seized by the FDIC, among them Temecula Valley Bank of Temecula, CA and Vineyard Bank of Rancho Cucamonga, CA.

Both are in areas especially hard hit by the housing collapse. People there bought homes for less there than in the more urban areas, probably with extremely dicey mortgages [...]

Amazon killed the Kindle star

Amazon is watching your Kindle

Amazon just mass deleted ebooks on Kindles that customers had bought and paid for. Yes, they got a refund, but that’s not really the point is it? Why even bother to buy ebooks from them if they might get zapped from afar without warning.

To make matters worse for [...]