Tag Archives: oil spill

ProPublica/PBS report details BP’s ‘culture of neglect’

Gulf+Oil+Spill+Baby+Ani(8).jpgA new investigation by the public interest website ProPublica and PBS Frontline uncovers how “a corporate culture of neglect and carelessness” at BP lead to the biggest oil spill in U.S. history.

The company was determined to let nothing interfere with “corporate efficiency, lean budgets and shareholder profits,” according to the report.

Read the full ProPublica story here.

PBS will broadcast its story, “The Spill” tonight

Photo: A baby pelican impacted by oil from the Deepwater Horizon oil spill is seen at the Fort Jackson Wildlife Rehabilitation Center in Buras, La., Thursday, July 8, 2010. (AP Photo/Gerald Herbert):

Jail time for BP execs?

Watched “The Informant” last night, the movie about the Archer Daniels Midland price-fixing scandal in the 1990s. Matt Damon was crazy good as the title character.

Several ADM execs ended up going to prison, including Damon’s character, and the company paid hundreds of millions of dollars in fines.

The movie made me wonder if any BP execs will end up behind bars for the oil spill fouling the Gulf of Mexico. Certainly, the company faces huge fines and who knows how much its legal fees will be. But will any BP executives go to prison?

My wife Cheryl, who used to live in Panama City, Fla., would send all of the BP execs to prison for a very long time.

 

Hey BP, start writing really big checks

So far nothing has worked, but at least BP keeps trying to cap the gushing Gulf oil well. Give the company credit for trying. Not that it has any choice.

But BP has a choice when it comes to PR and it is failing miserably. Miserably.

BP can’t win the public relations battle — people are too mad and the damage too extensive — but the company should get imaginative in its approach to the public. It should start making significant payments to every Gulf Coast company hurt, or potentially hurt, by the spill.

I’m sure there is a corporate lawyer somewhere warning BP against being too generous and …

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