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View Diary: BP Catastrophe Liveblog Mothership: #28/ UNREC, PLEASE (38 comments)

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  •  bp's being sued now by British investors. (5+ / 0-)

    They've made a habit of taking idiotic risks like this all over the world, and not just with substandard wells.  From the Guardian, George Monibiot writes,

    The question was not whether one of these risks would materialise, but which, and when. The question is unchanged. The next disaster will happen sooner or later – but whether it will take place in Angola or Alaska, or somewhere in between, is anyone's guess. What BP presents as brave and visionary looks to its victims like a brazen disregard of life and livelihoods. Its expectations of future profit were based on the assumption – which, until now, has proved relatively safe – that other people would pick up the bill.

    The whole article's worth a read:  Don't cry for investors burned by BP.  They were warned loud and clear

    Never meddle in the affairs of cats, for they are subtle and will piss on your computer.--Bruce Graham

    by Ice Blue on Tue Jun 22, 2010 at 12:28:45 PM PDT

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