SchwartzReport: BP Gulf Spill “Gross Negligence” – $18 Billion Fine? Does Corporate Accountability Begin Now?
Here is some excellent news about the Gulf oil spill. A major court decision has seriously placed the blame and responsibility where it belongs. And the court also made it clear what it thinks about BP, Transocean, and Halliburton ethics and behavior.
‘Worst Case’ BP Ruling on Gulf Spill Means Billions More in Penalties
MARGARET CRONIN FISK, LAUREL BRUBAKER CALKINS and JEF FEELEY – Bloomberg
BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions of dollars more for the 2010 Gulf of Mexico disaster.