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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

Proposed OTC Market Regulation Garners Mixed Opinions

LCG, April 8, 2002-Senator Dianne Feinstein's proposal for a transparent over-the-counter derivatives market is feared by some to lead to a more ambiguous and secretive energy market.

California's Democratic Senator Feinstein has attempted to require price disclosure and capitalization requirements for market players who participate in over-the-counter (OTC) markets. OTC participants trade outside regulated exchanges. The energy bill which includes this amendment will be debated in Congress today.

Energy consultants and analysts, such as Peter Fusaro from Global Change Associates, insist that transparency legislation will just result in such markets moving offshore. Spokesmen from Dynegy and IntercontinentalExchange also oppose the legislation, insisting that the government officials do not properly understand the market.

Legislators charge that the opaque OTC market was manipulated to affect power prices last year, and many analysts and economists assert that this legislation could prevent what happened to Enron.

Economist Randall Dodd, previously of the CFTC, said "If Enron (Online) had been properly capitalized and collateralized I think Enron as a derivatives dealer would have survived - and that was the most profitable part of their business"
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