Is Entergy telling investors the truth about Pilgrim?

Reactor operators tell the NRC phony PR statements like ‘there was never any threat to the safety of the workers or the public’ routinely, without challenge. But since Enron, the SEC may think that telling such stories to investment analysts is, uh… illegal. Stay tuned, this story has just begun…

A Pilgrim-specific question begins at 53:54 in the conference call, and at 54:53 Mr. Mohl (President, Entergy Wholesale Commodities) says: “all safety systems, and backup power systems worked, uhhh, as planned

Stay tuned, this story has just begun…


Is Entergy Telling Investors the Truth About Its Troubled Pilgrim Nuclear Reactor?
February 17, 2015 — Posted by Meg

Statements by Entergy Wholesale Commodities President Bill Mohl during a conference call with investors raise questions about whether he was covering up material facts.  Specifically, during a February 5, 2012 quarterly earnings report conference call, company officials failed to disclose material information about Entergy’s troubled Pilgrim nuclear reactor in Plymouth, Massachusetts. The same day as the call, U.S. Nuclear Regulatory Commission inspectors were onsite investigating the Jan. 27, 2015 emergency scram and mechanical failures at Pilgrim and Entergy was filing another “event report” with the NRC.  Yet when asked what was going on, Mohl replied that Pilgrim shut down “orderly, safely and without incident.”  Facts surrounding the events of January 27, 2105 tell a different story.

Continue reading at Is Entergy Telling Investors the Truth About Its Troubled Pilgrim Nuclear Reactor? | Cape Cod Bay Watch.

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