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MASSIVE FINE FOR BP

#1 by Sheldonboy , Thu Nov 15, 2012 7:27 pm

British Petroleum handed massive fine for disaster.
http://www.bbc.co.uk/news/business-20336898


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Last edited 11.15.2012 | Top

RE: MASSIVE FINE FOR BP

#2 by phil ( deleted ) , Thu Nov 15, 2012 8:44 pm

It will make no difference to them, they will just hike the price of oil up. Somebody should have been jailed and not just a scapegoat.

phil

RE: MASSIVE FINE FOR BP

#3 by Sheldonboy , Thu Nov 15, 2012 8:48 pm

Youv'e got that right Phil until the powers that be start going to jail, these characters will always squander shareholders and public money.


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RE: MASSIVE FINE FOR BP

#4 by mikejee , Thu Nov 15, 2012 11:07 pm

In theory you are right SB, but they would always somehow persuade (monetarily possibly) the authorities that a more junior person was responsible, which technically he possibly was, but only because of the pressure put on him by his bosses.

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RE: MASSIVE FINE FOR BP

#5 by Sheldonboy , Fri Nov 16, 2012 6:40 am

In theory that's correct I think Mike. Nut if the head honcho's neck was on the line as in the case of theDG of the BBC I think more company's would take a bit more care.


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