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Cake day: July 3rd, 2023

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  • The funny thing about Love Canal is that the Hooker Chemical was complying with the (entirely inadequate) environmental regulations of the day. While the containment was terrible, there was at least some containment of the toxic waste.

    Then the Niagra Falls school board was like, “Hey that ‘Love Canal’ property you’ve got would be a great place for a new school” and Hooker chemical was like “No, that’s a terrible idea”. So the school board threatened to sue and just seize the land and Hooker chemical basically said “Okay, we’ll sell it to you for one dollar, on the condition that you don’t disturb the toxic waste and anything that goes wrong is on you”. Then the school board immediately bulldozed the land cutting open the clay containing the toxic waste turning a huge problem into a catastrophic problem.

    Don’t get me wrong, Hooker was absolutely at fault, but IMO the school board is more to blame. It’s kinda like asking “Who do you blame, the guys who laid down a minefield, or the guys who decided to have a Riverdance jamboree on the site despite the warning signs?”












  • Toss in a leave of absence after the embarrassing Zoom layoff fiasco, a whistleblower lawsuit (it was dropped), an investigation from the Securities and Exchange Commission (nothing came of it), a disastrous 2023 SPAC merger that sent the company’s stock cratering 93% and years of mounting losses … it’s a minor miracle that Garg lasted this long as CEO.

    But Garg says he was just about to deliver on the company’s unlikely turnaround.

    “I was just about to hit it big!” claims man who lost life savings at roulette table.