Scooby_Brew
Well-Known Member
I just hope BP is not "too big to fail".
When a company like BP goes bankrupt, their assets are being sold (in this case to other oil companies) by a trustee to repay the money owned. In which case, the states effected by the disaster and the US Government would be first in line to reclaim money lost. And then the next big oil CEO hopefully would think twice before trying to save money on remote shut off systems and emergency relief valves like BP did.
When a company like BP goes bankrupt, their assets are being sold (in this case to other oil companies) by a trustee to repay the money owned. In which case, the states effected by the disaster and the US Government would be first in line to reclaim money lost. And then the next big oil CEO hopefully would think twice before trying to save money on remote shut off systems and emergency relief valves like BP did.