Corexit Linked to the Blackstone Group & Lord Jacob Rothschild

June 10, 2010 by Alex

The Intel Hub

By AvalonRoundTable © 2010

Regardless of whether the Deepwater Horizon Disaster is an accident or a False Flag Event, the inescapable truth is that the United States is faced with a disaster of unprecedented proportions. The quantity of oil being released into the Gulf of Mexico is uncertain, although it is safe to say that it is in the millions of gallons and covers thousands of square miles.

The purpose of this article is to inform, educate and warn the reader of what is probably about to take place, and what steps might be taken to deal with this emergency as it may develop over the next few weeks and months .

The statements within this article are factual, but by no means complete, and there will be updates when possible. One thing is for certain, the Gulf of Mexico region now contains millions of gallons of oil that IS going to spread to other parts of the Gulf of Mexico as well as along the East Coast of the United States.

Computer animation models created by the National Center for Atmospheric Research (NCAR), which at the time of this article is off-line, predicts probable flow paths; scenarios of the oil dispersal in the region.

A shocking discovery reveals that the dispersant COREXIT is a product of Nalco Holding Company which in turn is owned by The Blackstone Group, who has as a member of its International Advisory Board, Lord Jacob Rothschild – so much for conspiracy theories. An excerpt from The Blackstone Group site:

Lord Jacob Rothschild is a Member of the International Advisory Board.

“Lord Rothschild is Chairman of RIT Capital Partners, an investment trust company listed on the London Stock Exchange. He has been a founding partner and investor in a number of financial service companies including Global Asset Management, a money manager, and St James’s Place Capital, a unit linked life assurance company.”

A brief history of The Blackstone Group from Wikipedia

Since 2008:

“Since the closure of the credit markets in 2007 and 2008, Blackstone has managed only to close a small number of sizeable transactions. In January 2008, Blackstone co-invested alongside TPG Capital and Apollo Management in their buyout of Harrah’s Entertainment, although that transaction had been announced during the buyout boom period. Other notable investments that Blackstone completed in 2008 and 2009 included AlliedBarton, Performance Food Group[77][78], Apria Healthcare and CMS Computers.

Among the firm’s two largest investments since the buyout boom have been The Weather Channel and the announced acquisition of Busch Entertainment. In July 2008, Blackstone, together with NBC Universal and Bain Capital agreed to purchase The Weather Channel from Landmark Communications.[79][80] In October 2009, Anheuser-Busch InBev announced the sale of its Busch Entertainment Corporation theme parks division to Blackstone for $2.7 billion.[81][82]
The Financial Times has reported that Merlin Entertainments owned by Blackstone Group will file an IPO[83] in the 2nd quarter of 2010. Merlin will be listed on the London Stock Exchange. If true this would be the second of 8 reported IPOs Blackstone Plans[84], the first being Team Health Holdings, Inc.[85]. Blackstone reported at the end of 2009 revenues of $1.8bln, compared to -$349mln revenues in 2008[86].”


Further, on The Blackstone Group site is a detailed bio of the CEO – Stephen A. Schwarzman

Stephen A. Schwarzman
Chairman, CEO & Co-Founder
Executive Offices

New York

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone and the Chairman of the board of directors of its general partner, Blackstone Group Management L.L.C. He has been involved in all phases of the firm’s development since its founding in 1985.

Mr. Schwarzman began his career at Lehman Brothers, where he was elected Managing Director in 1978 at the age of 31. He was engaged principally in the firm’s mergers and acquisitions business from 1977 to 1984, and served as Chairman of the firm’s Mergers & Acquisitions Committee in 1983 and 1984.

Mr. Schwarzman is a member of The Council on Foreign Relations and The Business Council. He is on the board of The New York Public Library, and The Asia Society. He serves on The JP Morgan Chase National Advisory Board, The New York City Partnership Board of Directors and The Advisory Board of the School of Economics and Management, Tsinghua University, Beijing. Mr. Schwarzman is a Trustee of The Frick Collection in New York City and Chairman Emeritus of the Board of The John F. Kennedy Center for the Performing Arts. He also was awarded the Légion d’honneur by President Jacques Chirac.

Mr. Schwarzman holds a BA from Yale University and an MBA from Harvard Business School. He has served as an adjunct professor at the Yale School of Management and on the Harvard Business School Board of Dean’s Advisors.

Monitoring of the Deepwater Horizon Oil Spill and the Deepwater Horizon Response site provide much material for further research.

One fact of significant importance is that, according to the Wikipedia COREXIT page;

One variant was used in the 1989 Exxon Valdez disaster in Alaska. In 2010, Corexit EC9500A and Corexit EC9527A [2] were used in unprecedentedly large quantities in the Deepwater Horizon oil spill.[3] On May 19, 2010 the Environmental Protection Agency gave BP 24 hours to choose less toxic alternatives to Corexit, selected from the list of EPA-approved dispersants on the National Contingency Plan Product Schedule [4], and begin applying them within 72 hours of EPA approval of their choices but BP refused since they are co-producing Corexit with Nalco – the official maker of Corexit.[5] BP has used Corexit 9500A and Corexit 9527A thus far, applying 800,000 US gallons (3,000,000 l) total[6], but more accurate estimates run as high as 1,000,000 US gallons (3,800,000 l) underwater.[7]

More detailed information on the Toxicity of COREXIT from Wikipedia explains –

The safety data sheet states “The potential human hazard is: High.”

Additionally, “According to the Alaska Community Action on Toxics, the use of Corexit during the Exxon Valdez oil spill caused “respiratory, nervous system, liver, kidney and blood disorders” in people.[9] According to the EPA, Corexit is more toxic than dispersants made by several competitors and less effective in handling southern Louisiana crude.[14] However, the oil from Deepwater Horizon is not believed to be typical Louisiana crude.
Reportedly Corexit is toxic to marine life and helps keep spilled oil submerged. The quantities used in the Gulf will create ‘unprecedented underwater damage to organisms.’[15] 9527A is also hazardous for humans: ‘May cause injury to red blood cells (hemolysis), kidney or the liver’.[16]
Alternative dispersants which are approved by the EPA are listed on the National Contingency Plan Product Schedule[4] and rated for their toxicity and effectiveness.[17]

In conclusion, there is much information presented in this article, however, the main point to be stressed is that the Gulf of Mexico and Eastern Coast of The United States are possibly in very real danger.

In this time of crisis, it is important to remain calm and make preparations – in terms of WATER and FOOD and things that are required on a daily basis, including medications and whatever else might not be available in a panic situation.

It doesn’t take much research to see that a crisis of unprecedented proportions is unfolding.

There is time to take steps to prepare for almost any contingency. Not to leave any stone unturned, is it time to put down the remote control and get ready, and yes, that does mean the purchase of a Firearm and some training. I encourage the reader to please review the information presented and take action –

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