Ex-Goldman employee out on bail in code theft case

A former Goldman Sachs employee accused of stealing a proprietary computer code to the firm’s trading program is out on bail, according to court documents. The chairman of BP Capital Management announced Tuesday that his plans for the Pampa Wind Project, designed to generate 4,000 megawatts of electricity using thousands of wind turbines, is on hold. “I had hoped that Pampa would be the starting point, but transmission issues and the problem with the capital markets make that unfeasible at this point,” Pickens told CNN’s Ali Velshi

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Oil baron’s wind farm project hits doldrums

Billionaire oil man T. Boone Pickens is shelving plans to build the world’s largest wind farm. The chairman of BP Capital Management announced Tuesday that his plans for the Pampa Wind Project, designed to generate 4,000 megawatts of electricity using thousands of wind turbines, is on hold.

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