The Mudcat Café TM
Thread #129466   Message #2925459
Posted By: Lonesome EJ
11-Jun-10 - 11:51 AM
Thread Name: BS: US bigots attack British Company (oil spill)
Subject: RE: BS: US bigots attack British Company (oil spill)
BP has been found guilty of numerous safety and environmental violations over the past decade, has been found guilty of criminal violations and forced to pay millions in fines, judgments, and reparations. As a company, it has shown willingness to play fast and loose with even its own safety standards in order to minimize down time and maximize profitability. The fact that this behavior was tolerated for as long as it has been is as much an impeachment of the regulating agencies in the United States as it is of BP. I frankly don't give a damn if B stands for British or Beneficial or Bastardly. As for dividends, my fear is that BP will pay its stockholders, fold its tents, and declare itself insolvent and incapable of further action on the colossal mess it has created. Has the company proven itself worthy of our trust in any other way? And if all of this ruffles some Brit feathers for some reason, maybe you'll feel differently if the sludge starts rolling up on the Isle of Wight.