Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:37 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Judge OKs $4B BP oil spill criminal settlement Back to Topics
Nitewolf

Champion Author
Anchorage

Posts:25,627
Points:2,651,345
Joined:Jun 2004
Message Posted: Jan 29, 2013 5:13:19 PM

MICHAEL KUNZELMAN
Associated Press

NEW ORLEANS — BP PLC closed the book on the Justice Department's criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a federal judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record $4 billion in penalties.

What the plea deal approved by U.S. District Judge Sarah Vance doesn't resolve, though, is the federal government's civil claims against BP. The company could pay billions more for environmental damage from its 2010 spill.

Vance noted that the company already has racked up more than $24 billion in spill-related expenses and has estimated it will pay a total of $42 billion to fully resolve its liability for the disaster in the Gulf
Visit Peninsula Clarion for full article
REPLIES (newest first) Post a Reply
Profile Pic
drpepperTX
Champion Author Texas

Posts:13,128
Points:1,295,325
Joined:Apr 2011
Message Posted: Jan 30, 2013 9:34:39 AM

"Lets see how much is left for the deceased family's"

=========================================

Not much, the government needs to get the hands on the money first!
Profile Pic
Nancy&Len
Champion Author Cleveland

Posts:4,276
Points:2,452,975
Joined:Sep 2004
Message Posted: Jan 30, 2013 8:26:42 AM

ok
Profile Pic
eppylover
Sophomore Author Grand Rapids

Posts:245
Points:54,535
Joined:Nov 2009
Message Posted: Jan 30, 2013 1:45:56 AM

Prison time, not fines, should always be the penalty when big corporations are involved. Pay victims generously, then incarcerate the guilty CEO's and their minions ~ and not in those posh prisons.
Profile Pic
drobbbb
Champion Author Maryland

Posts:5,685
Points:1,340,645
Joined:Dec 2010
Message Posted: Jan 29, 2013 11:25:56 PM

i still dont think its enough
Profile Pic
JamesCalvin
Champion Author Lancaster

Posts:5,671
Points:1,061,210
Joined:Nov 2011
Message Posted: Jan 29, 2013 10:30:05 PM

Higher prices now at the pump!
Profile Pic
kag2010
Champion Author Winnipeg

Posts:7,610
Points:1,561,535
Joined:Apr 2010
Message Posted: Jan 29, 2013 8:19:06 PM

took too long.
Profile Pic
bcline909
Veteran Author Virginia

Posts:401
Points:80,170
Joined:Nov 2012
Message Posted: Jan 29, 2013 7:26:15 PM

true
Profile Pic
lonewolf_947
Champion Author New Hampshire

Posts:1,482
Points:643,235
Joined:Mar 2011
Message Posted: Jan 29, 2013 7:23:18 PM

Took a long time ......
Profile Pic
humblepie
Champion Author Toledo

Posts:55,735
Points:2,918,315
Joined:Mar 2006
Message Posted: Jan 29, 2013 6:28:19 PM

and the hits just keep on coming
Profile Pic
jjjleblanc
Champion Author Rochester

Posts:8,242
Points:2,060,640
Joined:Jun 2008
Message Posted: Jan 29, 2013 6:27:19 PM

This took too long.
Profile Pic
gizbo123
Champion Author Los Angeles

Posts:2,632
Points:2,170,525
Joined:Dec 2005
Message Posted: Jan 29, 2013 5:58:42 PM

Everyone seems to forget they gave 20 billion to the gov for the families when it first happened, where is it? Dictator's bank?
Profile Pic
mastermariner
Champion Author Texas

Posts:12,553
Points:1,019,745
Joined:Jun 2011
Message Posted: Jan 29, 2013 5:34:56 PM

Lets see how much is left for the deceased family's
Post a reply Back to Topics