Town near nuclear plant rejects TEPCO's insulting offer

[pokerfan]

Tokyo (CNN) -- Acknowledging the toll the unrelenting nuclear crisis has had on people's lives and livelihoods, the owner of Japan's stricken nuclear plant has offered money to some of those in the radiation's reach -- an offer that one city decided to refuse.

<...>

The company called the initial offer "payment for their troubles," and would not detail how much money is being offered to each community. But Kousei Negishi, who is the manager of general affairs for Namie, said that it was 20 million yen -- about $12 for each of Namie's roughly 20,000 residents.

http://edition.cnn.com/2011/WORLD/asiapcf/04/05/japan.nuclear.money/?hpt=C1

$12? :wtf:

[aquart]

1. We're sure this isn't BP?

[Paradoxical]

2. I'm pretty sure the company is going broke and has been nationalized.

Right?

[pokerfan]

3. Not yet

Prime Minister Naoto Kan last week moved to dismiss speculation the government is planning to nationalise the company as it faces mounting compensation obligations. Tepco has said it may need state help to meet them.

http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_653602.html

[Art_from_Ark]

4. "Dismissing speculation" in Japan can be interpreted in many ways

However, according to an April 1 article in the Japan Times, nationalization is not imminent, but it is not "off the table", either.

http://search.japantimes.co.jp/cgi-bin/nb20110401n1.html