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  #1  
Old 11-15-2012, 03:20 PM
dkveuro's Avatar
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Bail Out vs BP Oil Spill.

BP pleads guilty to Gulf oil spill charges, agrees to pay record $4 billion – This Just In - CNN.com Blogs

Seems to me if you damage the worlds fiscal stability and award yourself as CEO $1.2 Billion whilst refitting the office to the tune of $1.3 mil, you get govment bail out....unless you live in Iceland.

....but, if you spill oil and affect 1/16 th of the working population and put up $23 billion in clean up out of you own money you get fined by the govment.


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Old 11-15-2012, 04:37 PM
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Definitely an interesting comparison...

I wonder how they arrived at the $23B figure though. It seems like there must be a lot of assumptions built around that amount. Personally, I feel the CEO and directors should all see some jail time, along with heavy financial penalties levied against them to set an example. IIRC, the CEO was busy competing in a sailing competition immediately after the spill, and he also made some ridiculous remarks downplaying this disaster.
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Old 11-15-2012, 05:49 PM
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Quote:
Originally Posted by dkveuro View Post
BP pleads guilty to Gulf oil spill charges, agrees to pay record $4 billion – This Just In - CNN.com Blogs

Seems to me if you damage the worlds fiscal stability and award yourself as CEO $1.2 Billion whilst refitting the office to the tune of $1.3 mil, you get govment bail out....unless you live in Iceland.

....but, if you spill oil and affect 1/16 th of the working population and put up $23 billion in clean up out of you own money you get fined by the govment.


Tell me i'taint so simple




.
Simple enough for simple people who see things in simple terms.

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