Worst Case Scenario: Hurricane Sandy Is The Biggest Storm Ever To Hit The Northeast


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Worst Case Scenario: Hurricane Sandy Is The Biggest Storm Ever To Hit The Northeast (Economic Collapse, Oct 28, 2012):

The biggest storm to ever hit the northeast United States is creating a tremendous amount of havoc up and down the eastern seaboard.  It is hard to describe how gigantic this storm actually is.  From end to end, Hurricane Sandy is more than 1000 miles across.  It is twice the size of the state of Texas, and meteorologists are calling this storm a “worst case scenario“.  It is currently coming ashore in New Jersey, but this is just the beginning.  A winter storm approaching from the west is going to combine with Hurricane Sandy, and the combined storm is projected to hammer the northeast with wind and rain all the way through the end of the week.  Meteorologists all over the nation are saying that they have never seen anything like this.  Hurricane Sandy is the biggest storm in modern U.S. history, and earlier today the storm pressure was recorded to be even lower than the Long Island Express Hurricane of 1938.  In fact, Hurricane Sandy has the lowest pressure ever recorded for any storm north of the state of North Carolina.  On Monday evening it was packing maximum sustained winds of about 90 miles per hour, and hurricane-force winds could be felt as far out as 175 miles from the center of the storm.  To say that this storm is a major disaster is a tremendous understatement.On Monday night, it is projected that wind speeds in New York City could reach 80 miles per hour.  But that is only part of the story.  The higher you go, the more intense the winds will be.  For example, if you live 30 stories above New York, a gust of wind at 80 miles per hour on the ground will be close to 100 miles per hour for you.

Read moreWorst Case Scenario: Hurricane Sandy Is The Biggest Storm Ever To Hit The Northeast

Hurricane Sandy Could Bring ‘Catastrophe,’ Affect 60 Million People (CNN)

Sandy could bring ‘catastrophe,’ affect 60 million (CNN, Oct 29, 2012):

Tens of millions of people braced Monday for howling winds, torrential downpours and storm surges that authorities warned could bring devastation unlike anything they’ve seen.

Hurricane Sandy could affect as many as 60 million people.

“This is the most catastrophic event that we have faced and been able to plan for in any of our lifetimes,” Connecticut Gov. Dan Malloy said.

Read moreHurricane Sandy Could Bring ‘Catastrophe,’ Affect 60 Million People (CNN)

Hurricane Sandy Turns NYC into Ghost Town (WSJ) – The $100 Billion Storm: 17 Things You Should Know About Hurricane Sandy

Hurricane Sandy Turns NYC into Ghost Town (Wall Street Journal, Oct 29, 2012)

The $100 Billion Storm: 17 Things You Should Know About Hurricane Sandy (Economic Collapse, Oct 28, 2012):

Meteorologists are warning that Hurricane Sandy could potentially be the worst storm to hit the east coast of the United States in 100 years.  Do you remember “the perfect storm” back in 1991?  That storm was so bad that Hollywood made a blockbuster movie starring George Clooney about it.  Well, this storm is going to be much worse.  When I first heard about Hurricane Sandy, I didn’t make that much of it.  I figured that the east coast would get some wind and some rain and that they would whine about it a bit but that everything would be just fine.  But then I started looking into this storm a bit more.  It turns out that this storm is even larger than Hurricane Katrina was.  The National Oceanic and Atmospheric Administration has categorized the destructive potential of this storm to be 5.8 on a scale that goes from 0 to 6.  So don’t be fooled when you hear that this is only a “category 1 storm” or that the maximum winds will only be around 80 MPH.  It is the unprecedented size of this storm and the mind boggling storm surges that it is producing that truly make it dangerous.  It is being reported that Hurricane Sandy is more than 1,000 miles across from one end to the other.  Meteorologists have never seen anything quite like this before, and we are most definitely in unprecedented territory.  One meteorologist is already projecting that this megastorm could cause 100 billion dollars in damage, but the true amount of devastation will likely not be fully known for weeks.  If you live in the northeast part of the United States, you definitely want to buckle up because you are about to get absolutely hammered.The following are 17 things that you should know about Hurricane Sandy…

Read moreHurricane Sandy Turns NYC into Ghost Town (WSJ) – The $100 Billion Storm: 17 Things You Should Know About Hurricane Sandy

Hurricane Sandy: Wall Street Shuts Down; Trading May Not Resume Until Wednesday

All US Equity Markets Closed Monday (And Maybe Tuesday) Due To Sandy (ZeroHedge, oct 29, 2012):

Late Updates – after a day of consultation and realization that if the algos were left alone to play then things could go a little pear-shaped – NYSE and NASDAQ will now be totally closed tomorrow:

  • *U.S. EQUITY MARKETS TO CLOSE ON OCT. 29 FOR STORM, SEC SAYS
  • *NEW YORK STOCK EXCHANGE TO CLOSE MARKETS FOR STORM
  • *NASDAQ OMX MARKETS CLOSED TOMORROW ON HURRICANE SANDY  :NDAQ US
  • *CBOE TO CLOSE EXCHANGES OCT. 29 BECAUSE OF HURRICANE SANDY

Via NYSE:

“In consultation with other exchanges and market participants, NYSE Euronext will close its markets on Monday, Oct. 29, 2012 and pending confirmation on Tuesday, Oct. 30, 2012’’

“We support the consensus of the markets and the regulatory community that the dangerous  conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority’’

“We will work with the industry to determine the next steps in restoring trading as soon as the situation permits’’

Add to this, SIFMA’s recommendation that bond markets close at midday – which is all a little moot given MTA’s closure and tomorrow looks like being a busy day for the European desks…

Hurricane to close Wall St on Monday, possibly Tuesday (Reuters, Oct 29, 2012):

U.S. stock and options markets will be closed on Monday and possibly Tuesday, the exchange operator said, going back on a plan that would have kept electronic trading going on Monday.

As Hurricane Sandy bears down on the New York area, regulators, exchanges and brokers grew increasingly worried about the integrity of markets and the safety of employees.

It will be the first time the market has closed for a weather-related event since Hurricane Gloria on September 27, 1985.

Wall Street shuts for storm; trading may not resume until Wednesday (Los Angeles Times, Oct 28, 2012):

As Hurricane Sandy barrels down on the East Coast, Wall Street is shutting down.

The nation’s two biggest trading platforms — the New York Stock Exchange and the Nasdaq Stock Market — have both closed for business. They said trading might not get back to normal until Wednesday.

This would be the first time trading has been halted in all U.S. stocks since a four-day stretch after the Sept. 11, 2001, terrorist attacks.

Read moreHurricane Sandy: Wall Street Shuts Down; Trading May Not Resume Until Wednesday

New York Mayor Orders Evacuation Of ‘Zone A’ Residents

New York Mayor Orders Evacuation Of “Zone A” Residents (ZeroHedge, Oct 28, 2012):

First it was governor Cuomo, now it is Mike Bloomberg holding a press conference discussing advance preparations for Sandy, and just like last year, the first thing to be done, is the order of a mandatory evacuation of all low-lying areas, where some 375,000 New Yorkers live, contained in Zone A – those who don’t voluntarily evacuate will not be arrested, but are being “selfish” according to Mayor Mike (it is unclear what happens if the non-evacuatees are also found to be in possession of a highly illegal 32 Oz coke container… that may be a felony offense). Depending on the storm surge, if any, it is likely that Zones B and C will also be evacuated. To find if you live in a zone to be evacuated, go to this website, alternatively the full hurricane evacuation preparedness map is presented below. And remember: if packing a go bag: no sugar… anything but sugar, or else Nurse Sam will be very angry.

Below is a map showing that virtually the entire downtown financial sector, including Goldman HQ, falls into Zone A. If the evacuation escalates to include Zone C, none other than the New York Fed (where over 20% of the world’s gold is held) will also be empty.

New York City Hurricane Evacuation Zones (pdf)

NYC Hurricane Evacuation Zone

In Advance Of Frankenstorm Sandy, NYC Suspending All Transit Services At 7:00 PM Sunday

In Advance Of Frankenstorm Sandy, NYC Suspending All Transit Services At 7:00 PM Sunday (ZeroHedge, Oct 28, 2012):

It seems like it was only yesterday that the panic ahead of Hurricane Irene, which was a light breeze by the time it hit NYC, was being spread by various government agencies and every possible media. It is deja vu time, and moments ago, in order to be “fully prepared” ahead of Frankenstorm Sandy, NY governor Cuomo just announced that at 7:00 pm tonight, the New York Metropolitan Transit Authority, i..e., subways, buses and trains, is suspending all service at 7:00 pm (and 1,100 national guards are being activated). This also means that tomorrow Wall Street will be a complete ghost town as everyone takes a day off, and the algos will be the only ones in charge (more or less as usual).

And an update on what is actually happening from the Wunderground blog:

Sandy’s tropical storm-force winds now extend 450 nautical miles from the center on the northeast side of the hurricane. This is a very, very large storm, and I suspect the #1 spot (Olga of 2001) is in jeopardy, as well.

Read moreIn Advance Of Frankenstorm Sandy, NYC Suspending All Transit Services At 7:00 PM Sunday

Hurricane Irene Destroys 90% Of Homes On One Bahamas Island … Now It’s Headed For US (Video)

Irene destroys 90% of homes on one Bahamas island… now it’s headed for US (Telegraph, Aug 25, 2011):

Hurricane Irene has destroyed 90 per cent of the homes on one remote Bahamas island – a brutal demonstration of the storm’s power as it roars towards America’s densely populatd north-east coast.

On the remote Acklins Island, where Irene’s eye passed over Wednesday, nearly every home in the Lovely Bay settlement were destroyed, the National Emergency Management Agency said. Several were literally blown away.

Read moreHurricane Irene Destroys 90% Of Homes On One Bahamas Island … Now It’s Headed For US (Video)

More than 1m people at risk as hurricane Ike heads towards Texas

America’s largest refinery and Nasa’s Johnson Space Centre could be at risk of damage


A sign in Port Aransas, Texas. Photograph: Eric Gay

More than a million people in Texas have been warned they should leave their homes as hurricane Ike heads across the Gulf of Mexico towards the Texan coast, home to America’s largest concentration of refineries and chemical plants.

Read moreMore than 1m people at risk as hurricane Ike heads towards Texas

Thousands in Texas Flee Hurricane Ike

Tens of thousands of people fled coastal areas of Texas on Wednesday after Hurricane Ike spun off Cuba, roared into the Gulf of Mexico and headed toward the state with growing strength.

After pummeling Haiti, Cuba and other parts of the Caribbean, Ike refueled in the Gulf of Mexico and headed toward landfall near Corpus Christi, where it is expected to hit early Saturday as a Category 4 hurricane with winds exceeding speeds of 131 miles per hour.

Read moreThousands in Texas Flee Hurricane Ike

Ike roars over Cuba; 900,000 evacuated

HAVANA, Cuba (CNN) — Hurricane Ike tore across Cuba with 100-mph winds Monday, sending 50-foot waves crashing over buildings and forcing the evacuation of 900,000 people.

Fallen bricks crushed a van Monday in Camaguey, Cuba, as Hurricane Ike struck the island.
Fallen bricks crushed a van Monday in Camaguey, Cuba, as Hurricane Ike struck the island.

At 2 p.m., Ike’s eye had moved back over water off Cuba’s southern coast. Ike was a Category 2 hurricane, with steady 100-mph (160-kph) winds and higher gusts, according to the National Hurricane Center in Miami, Florida.

Ike’s eye is expected to move back over Cuba on Tuesday, then move into the Gulf of Mexico and grow again in intensity.

Read moreIke roars over Cuba; 900,000 evacuated

Ike begins to hit Bahamas, heads toward Cuba

MIAMI, Florida (CNN) — Hurricane Ike moved past the southern Bahamas on Sunday, carrying high winds and heavy rain as the Category 4 storm surged forward on a track that could take it toward the U.S. Gulf Coast.

Obenson Etienne walks to his house Sunday in Providenciales, one of the isles in the Turks and Caicos.
Obenson Etienne walks to his house Sunday in Providenciales, one of the isles in the Turks and Caicos.

The possibility prompted state and local officials in Florida and Louisiana to prepare for what may be the third major storm to affect the Gulf Coast in less than a month.

“Let’s hope it’s all a false alarm,” Louisiana Gov. Bobby Jindal said Sunday as he pre-emptively issued a state of emergency. His state is still recovering from Hurricane Gustav; more than 370,000 people there are still without power, nearly a week after Gustav made landfall, he said.

“There continues to be much uncertainty about the predicted track,” he said of Ike.

On Sunday, President Bush declared a state of emergency in Florida. The hurricane’s outer bands could start affecting the Florida Keys by Monday afternoon.

Read moreIke begins to hit Bahamas, heads toward Cuba

Hanna death toll rises to 500 as storm nears hurricane status

Tropical storm Hanna is closing in on North and South Carolina with receding flood waters in Haiti revealing the corpses of nearly 500 victims of the deadly weather system.


Hurricane Hanna as it nears the US coast Photo: AP

Hanna, the eighth tropical storm of the Atlantic hurricane season, closed in on the US east coast on the verge of hurricane strength after leaving “catastrophic” conditions in Haiti, which it battered with strong winds and torrential rain for several days.

Read moreHanna death toll rises to 500 as storm nears hurricane status

The U.S. is getting pounded this season

Sept. 4 (Bloomberg) — Tropical Storm Hanna skirted the Bahamas after killing dozens in Haiti and threatened to strike the U.S. Southeast as a hurricane by the weekend.

Farther out to sea, the “extremely dangerous” Hurricane Ike was packing 140-mph (225-kph) winds, the U.S. National Hurricane Center said.

Read moreThe U.S. is getting pounded this season

Gustav May Hit Gulf Platforms Harder Than Katrina

Aug. 31 (Bloomberg) — Hurricane Gustav threatens to hurt U.S. oil and natural-gas production and refining more severely than hurricanes Katrina and Rita did three years ago.

Gustav, downgraded to a Category 3 storm by the National Hurricane Center in Miami this morning, may strengthen to Category 4 later today and will make landfall as a “major” hurricane. The storm shut three-quarters of oil output in the region and refineries operated by Valero Energy Corp., the largest U.S. refiner, ConocoPhillips, Marathon Oil Corp. and Exxon Mobil Corp. There will be a special trading session today at the New York Mercantile Exchange.

“This storm will prove to be a worst-case scenario for the production region,” Jim Rouiller, senior energy meteorologist for Planalytics.com, said yesterday in an e-mailed message. “This storm will be more dangerous than Katrina.”

Read moreGustav May Hit Gulf Platforms Harder Than Katrina

Blackwater Issues Mercenary Call For Hurricane Gustav

Security for Hurricane Gustav

Blackwater is compiling a list of qualified security personnel for possible deployment into areas affected by Hurricane Gustav.
Applicants must meet all items listed under the respective Officer posting and be US citizens. Contract length is TBD.

Law Enforcement Officers (all criteria must apply)

1. Current sworn [may be full time, part time or reserve]
2. With arrest powers
3. Armed status (must indicate Armed and/or Semi Auto. Revolver only not accepted) expiration must be greater than 60 days out
4. Departmental credentials (not just a badge)

Read moreBlackwater Issues Mercenary Call For Hurricane Gustav

New Orleans Orders Mandatory Evacuation

AP changed the title to “New Orleans residents get out of Gustav’s way”
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(AFP/Matthew Hinton)

NEW ORLEANS – As dawn broke Sunday over a city under siege, bumper-to-bumper traffic was reported in nearly every direction as residents heeded orders to flee an only partially rebuilt New Orleans. Police and National Guard troops were on the streets, preparing to patrol evacuated neighborhoods. And officials nervously watched the track of Hurricane Gustav, a Category 3 monster that threatens a city still recovering nearly three years after Hurricane Katrina.

Read moreNew Orleans Orders Mandatory Evacuation

Hurricane Gustav Near Cuba With 230 kph Winds


Men pull boat out of water as Hurricane Gustav approaches in Havana, 30 Aug 2008

U.S. forecasters say Hurricane Gustav’s winds have strengthened to nearly 230 kilometers per hour as the deadly storm closes in on western Cuba.

The U.S. National Hurricane Center has upgraded Gustav to a category 4 hurricane on the scale that measures a storm’s intensity.

At last report, the eye of Gustav was expected to pass over western Cuba later Saturday.

Read moreHurricane Gustav Near Cuba With 230 kph Winds

New Orleans marks Katrina, braces for Gustav

NEW ORLEANS, Aug 29 (Reuters) – New Orleans residents paused on Friday to mark the third anniversary of Hurricane Katrina’s devastating blow even as they faced a possible evacuation order ahead of another potentially powerful storm.

City residents, many still recovering from the destruction of Katrina, could be ordered to evacuate early on Sunday to escape next week’s expected landfall of Hurricane Gustav, Mayor Ray Nagin said.

Gustav strengthened to a hurricane on Friday after it killed up to 77 people in the Caribbean in mudslides and floods.

Read moreNew Orleans marks Katrina, braces for Gustav