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callthebank

01/30/12 3:42 PM

#161955 RE: scion #161941

WOW this is classic...

http://www.niagarafallsreporter.com/column1.10.12.html

I'll quote here from the June 28, 2011 edition of the Buffalo News.

"Dyster pointed to the plastic-into-fuel JBI plant in the Falls and other recycling ventures as opportunities for future job growth.

"'I think as we're successful with a project like this, each time we add one to the economy here,' he said, 'the likelihood of the next one increases.'"

Last week, just six months after the mayor's self-serving back-patting session with the local media was published, a different picture emerged of JBI, which was accused by the federal Securities and Exchange Commission of "engaging in a scheme to commit securities and accounting fraud by reporting materially false and inaccurate financial information on the company's financial statements..."