EXPERTS BELIEVE PARADISE WATER POISONED BY "TOXIC COCKTAIL" DURING CAMP FIRE

PARADISE, Calif. (AP) - Water officials say the drinking water in Paradise, California, which was decimated by a wildfire last year, is contaminated with the cancer-causing chemical benzene.

Fixing the problem could cost $300 million and take up to two years.

The Sacramento Bee reports Thursday that experts believe the extreme heat of the November firestorm created a "toxic cocktail" of gases in burning homes that was sucked into water pipes when the system depressurized from use by residents and firefighters.

About 1,500 of the town's 27,000 residents are living in the few surviving houses.

Water officials have warned them not to drink, cook, bathe in or brush their teeth with tap water and to only take quick showers with warm water. They are giving cases of free bottled water to residents daily.

https://www.actionnewsnow.com/content/news/Toxic-cocktail-poisoned-Paradise-water-during-Camp-Fire-508762451.html

Former Sears holding company sues ex-CEO, Mnuchin and others over 'asset stripping'

The holding company that formerly owned Kmart and Sears sued Treasury Secretary Steven Mnuchin and other former board members of ESL Investments as well as the company's ex-CEO, Eddie Lampert, accusing them of illegally stripping Sears of assets ahead of the company's bankruptcy filing.

USA Today reported Thursday that Sears Holdings filed a lawsuit targeting roughly two dozen figures including Lampert, Mnuchin, and others involved with ESL Investments, who the lawsuit alleges were involved in a scheme to "hinder, delay and defraud creditors and/or occurred when the Company was insolvent and had insufficient capital to continue its operations and to repay its billions of dollars in debt."

"Sears would have had billions of dollars more to pay its third-party creditors today and would not have endured the amount of disruption, expense and job losses resulting from its recent bankruptcy filing," had Lampert not taken actions instead to enrich himself and ESL Investments, the lawsuit alleges.

ESL Investments said in a statement to USA Today that it "vigorously disputes" the lawsuit, calling the accusations found within "baseless allegations and fanciful claims" that "are misleading or just flat wrong."

"We are confident that the processes we followed for each of these transactions are unimpeachable," ESL said, according to USA Today.

Sears filed for Chapter 11 bankruptcy protections in October after shutting down thousands of stores and cutting hundreds of thousands of employees across the country.

A spokesman for the Treasury Department did not immediately return a request for comment on the lawsuit Thursday evening.

https://thehill.com/policy/finance/439664-former-sears-holding-company-sues-ex-ceo-mnuchin-and-others-over-asset