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Renegade Inc – The Amazon Chernobyl

Summary:
This video is pretty damning. Shevron, it seems, is run by gangsters. Chevron's lawyers managed to get the lawyer who was suing them put in prison for 18 months on fake charges that were dismissed by 18 other judges in Canada and Ecuador. Chevron pay their witness a good wage, pay all his taxes, and have given him a nice car and place to live. The disaster has been dubbed the Amazon Chernobyl. Between 1964 and 1992, the oil company Texaco, later acquired by Chevron in 2001, was allegedly responsible for the dumping of over 30bn gallons of toxic waste and crude oil into the Amazon rainforest in Ecuador. The impact on local communities has been devastating, destroying livelihoods and causing a spike in cancer and birth defects.[embedded content]

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 This video is pretty damning. Shevron, it seems, is run by gangsters. Chevron's lawyers managed to get the lawyer who was suing them put in prison for 18 months on fake charges that were dismissed by 18 other judges in Canada and Ecuador. Chevron pay their witness a good wage, pay all his taxes, and have given him a nice car and place to live. 


The disaster has been dubbed the Amazon Chernobyl. Between 1964 and 1992, the oil company Texaco, later acquired by Chevron in 2001, was allegedly responsible for the dumping of over 30bn gallons of toxic waste and crude oil into the Amazon rainforest in Ecuador. 

The impact on local communities has been devastating, destroying livelihoods and causing a spike in cancer and birth defects.




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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