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Forums > Off-Topic Discussion > BP to cough up 4.5 billion.... Search   Reply
Photographer
Cherrystone
Posts: 35,965
Columbus, Ohio, US


http://money.cnn.com/2012/11/15/news/bp … ?hpt=hp_t1

Too little? Too much?
I certainly don't think it's too much....I'm rather surprised they will be forced to pay the piper even that much.

Is it possible corporate responsibility is on the horizon?
Nah....foolish of me to even hope for that.
Nov 15 12 09:02 am  Link  Quote 
Photographer
hbutz New York
Posts: 3,143
New York, New York, US


I'd consider it fair since they haven't paid federal taxes in years.
Nov 15 12 09:04 am  Link  Quote 
Photographer
DOUGLASFOTOS
Posts: 7,967
Los Angeles, California, US


Small Fruit Pits wrote:
http://money.cnn.com/2012/11/15/news/bp … ?hpt=hp_t1

Too little? Too much?
I certainly don't think it's too much....I'm rather surprised they will be forced to pay the piper even that much.

This is Our Gov'Ment penalty. This does not include....State by State, Or Business's Lawsuits, Personal Lawsuits...and on and on....This is our Gov.ment bill.

Nov 15 12 09:04 am  Link  Quote 
Photographer
Cherrystone
Posts: 35,965
Columbus, Ohio, US


DOUGLASFOTOS wrote:

This is Our Gov'Ment penalty. This does not include....State by State, Or Business's Lawsuits, Personal Lawsuits...and on and on....This is our Gov.ment bill.

I know....they've coughed up about 28 billion on other levels. Clean up, suits from victims estates....but for all the "criminal" charges, the only thing to take a hit was their wallet, which of course is pretty fat.

Nov 15 12 09:09 am  Link  Quote 
Photographer
Tim Little Photography
Posts: 11,524
Wilmington, Delaware, US


Two employees will also be charged with Manslaughter. 11 people died when the rig exploded.
Nov 15 12 09:10 am  Link  Quote 
Photographer
NothingIsRealButTheGirl
Posts: 31,986
Los Angeles, California, US


"BP will plead guilty to a dozen felony charges stemming from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, and agreed to pay $4.5 billion in government penalties, the oil company said Thursday. "

But a dozen is more than 3 and corporations are people, my friend.

Doesn't 3 strikes apply?
Nov 15 12 09:10 am  Link  Quote 
Photographer
Cherrystone
Posts: 35,965
Columbus, Ohio, US


NothingIsRealButTheGirl wrote:
Doesn't 3 strikes apply?

Fat chance on that

Nov 15 12 09:22 am  Link  Quote 
Model
Jolly Rauncher
Posts: 1,515
Seattle, Washington, US


NothingIsRealButTheGirl wrote:
"BP will plead guilty to a dozen felony charges stemming from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, and agreed to pay $4.5 billion in government penalties, the oil company said Thursday. "

But a dozen is more than 3 and corporations are people, my friend.

Doesn't 3 strikes apply?

Strikes system only applies to poor people like me who can't even pay a parking ticket. They like keeping the poor in their vice grip system of vicious cycles.

Cutting breaks and mega million dollar deals are for the rich so they can continue to ruin everything while still making a ton of money.

They should have to pay more, it's not like they don't have it.

Nov 15 12 09:34 am  Link  Quote 
Photographer
Kawika Photography
Posts: 110
San Diego, California, US


They got off easy. They should rush to pay it and get it over with. How many other times in history can you single handedly destroy an entire gulf region and not go to jail?
Nov 16 12 06:56 pm  Link  Quote 
Photographer
Cultured Pearls Photo
Posts: 1,928
Washington, District of Columbia, US


too little or too much?...lol
Doesn't matter, it will ALL be paid by consumers....
Nov 16 12 10:28 pm  Link  Quote 
Photographer
Cherrystone
Posts: 35,965
Columbus, Ohio, US


Cultured Pearls Photo wrote:
too little or too much?...lol
Doesn't matter, it will ALL be paid by consumers....

Certainly a thought....but BP still needs to remain competitive in the market place.

Besides their profits and most all oil profits in recent years have been so obscene, they'll just keep doing what their doing and the 30 some odd billion this episode cost them will just be a blip.

Nov 17 12 12:48 pm  Link  Quote 
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