Monday, November 8, 2010

BP back Again!

Now the joke is that they are trying pose the issue as --- did someone accept lots of money in exchange for making a mistake?  

No, that is not the issue.   Was there bribery and fraud?   Probably not, before the accident.    Was there a culture of lousy decisions and huge egos being pushed by schedules?   Was it criminal?  Likely.  

Will it be prosecuted--about as likely as Goldman being prosecuted....

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Insightful and Useful Comment!