Talk About “Toxic” Assets!
Posted on April 16th, 2009 at 11:03 am by Steve

According to Andrew Clark in the Guardian,

The rump of the bankrupt bank Lehman Brothers is sitting on a stockpile of 450,000 lb of uranium “yellowcake” which could be used to power a nuclear reactor or, theoretically, to make a bomb.

Those are some seriously toxic assets!

Remember when yellowcake was such a big deal that the U.S. government used it as justification to invade and destroy Iraq? Here are those famous sixteen words again, in case you’ve forgotten Bush’s fabulous 2003 State of the Union speech:

The British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa.

So, maybe the U.S. will be invading Lehman Brothers next…?