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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

Derivatives Oversight Measure Defeated

LCG, Apr. 11, 2002--A measure that would have required public records and tracking of over-the-counter energy derivatives fell 12 votes short of the necessary 60 in the U.S. Senate, and was withdrawn by its lead sponsor, Sen. Dianne Feinstein (D-Calif.).

Responsibility for oversight would have been given to the Commodity Futures Trading Commission. It would also have set capital requirements for online trading exchanges, whose operations would be made open to inspection.

Strong opposition to the measure came from financial companies, banks and traders. Treasury Secretary Paul O'Neill and Federal Reserve Chairman Alan Greenspan have said that the regulation would provide no additional necessary regulatory oversight, and would create counterproductive legal complications within the derivatives market.

A former chairman of investment bank Goldman Sachs Group Inc., Sen. Jon Corzine (D-N.J.), spoke in favor, saying the amendment "brings forward fairly simple and straightforward oversight functions." Goldman Sachs itself expressed the opinion that more work was needed before enacting a similar porposal.
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