Thursday, May 6, 2010

BP Oil Spill -


"BP has said it will honor 'legitimate' claims from people and businesses seeking compensation from disruption caused by the spill. But since there are likely to be many disputed claims ("This is America -- come on," BP chief executive Tony Hayward told the Times of London on Wednesday). "Having your company's name inextricably linked to a disaster can't help when a jury begins assigning damages," he said in a Washington Time article. Can you believe this guy?

B P is trying to distance itself from some of the responsibility and has said that Transocean Ltd. and its subcontractors including Haliburton need to share a big part of the responsibility as it was their equipment.

As the spill is expected to hit Florida shores by the end of the week, BP gave our State a $25 million grant on Tuesday.

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