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Re: Nuclear Hedge Funds

> (Conventional explosives could also cause a billion or more dollars worth
> of damage to a major wafer fabrication plant, of course, but the
> manufacturing capacity could be shifted to other plants in a matter of
> months. Some major short sale opportunities, but not nearly what a nuke
> could do to a _region_, in terms of direct blast effects, fallout in
> surrounding city blocks (tens of square city blocks, at the least, esp.
> give OSHA standards, etc.), and the sheer panic effect.)

On of my favorite analyses of a similar scenario is contained in "The
Curve of Binding Energy" by John McPhee (available at your local
Borders or Barnes and Noble).  He basically interviews a high energy
physicist and works out the back of the envelope calculations on
yields, where to get the plutonium, where and how to place the device,
etc.  A key point was that a high efficiency device is not required.  
A dirty 1.5 kiloton gadget placed on the 40th floor of the World Trade
Center takes out one tower and kills a shit load of folks in the
adjacent tower.  Includes other rules of thumb such as "one kiloton of
explosives vaporizes one kiloton of matter".  YMMV, don't try this at
home kids, etc, etc.