Quote:
Originally Posted by crockett
BP was fined by the govt and they still haven't paid it and are still fighting to not pay it or have it lowered by a significant amount.
Let's also not forget that states and the tax payers whom had to cover a very big part of that cleanup effort. Meaning profits are privatized but cleaning up of the mess is socialized..
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All I know is what the public has been told on the news. If you have some insider info then please let us in on it.
And what we have all been told is that BP spent billions and billions of dollars on the clean up. Never heard that the states or tax payers had to spend any money on the clean up and certainly not a "very big part" of it.
I would say that as horrible as that situation was...BP paid for it dearly. And if it was negligence, it was a very expensive negligence both in money and public perception of the company.
On the second thing I quoted you. I have no idea what their "fine" was from the U.S. Govt. And I have no idea if they are legally trying not to pay the full thing of not.
What I DO know is...paying the United States Federal Govt. one penny in fines doesn't do a thing for that area. The cleanup is long done. The area has recovered.
Giving a bunch of bureaucrats in Washington D.C. some money has no bearing on the actual environmental impact or cleanup.
So having your legal team fight the amount of the fine is exactly what a company SHOULD do. In the end (IF what you are saying is correct), a judge will make a decision and the Feds will get a chunk of money that they didn't earn. And BP will have been further punished.
No matter how you want to look at that situation...it's nothing like the exaggeration of your statement that claimed BP and other companies just "walk away".