International news services now report that Japan’s Toshiba Corporation (9502.T) is preparing to make a chapter 11 bankruptcy filing for its Westinghouse Electric subsidiary as soon as today. For most of our readers this news evokes little surprise. This is merely another chapter of a slow moving financial and accounting train wreck involving nuclear design and construction firm Westinghouse and its troubled Japanese parent, Toshiba. But like an old, leaky garbage scow there is much to clean up in its wake.Westinghouse Electric Company LLC is a US based nuclear power company founded in 1999 offering nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance
Uranus is associated with electricity, invention or innovation while Pluto is power hidden in the depths of the atom so that the combination is linked to nuclear power. The steep rise of nuclear power plants began at the time of the exact Uranus-Pluto conjunction in 1965-66 . The current first-quarter square is a crisis for the choices made in the mid sixties. Whenever total change is needed, Pluto reaches into the dark and blasts into our awareness to remove the clog and open the way through utter purging of what once was but can no longer be.
Presented here is the sidereal Capricorn Ingress drawn for Cranberry,Pa where Westinghouse has its headquarters. Notice the significant alignment of the Jupiter-Uranus-Pluto T-square with the meridian. Jupiter-Pluto is a combination that Ebertin links with financial bankruptcy. It is therefore no surprise that news comes just as the progressed angles trigger the T-square once again on March 29.