BP Oil (and Other Companies) Pointing Fingers for Blame
Image from Sailing Scuttlebutt
Here's an idea to the oil companies: maybe have a plan for disasters, no matter how "unlikely?" How about having both a plan and a backup plan? This goes for all big corporations. If you are a CEO and get paid a kazillion dollars, maybe you shouldn't always be looking for a best case scenario?
If you're running a car company, maybe there ought to be a contingency plan if gas prices shoot up or if the economy tanks? Maybe it shouldn't take years to change course after it is obvious that your ginormous SUV fleet isn't selling? If you run OnlyBank, maybe you ought to consider your options before the economy crumbles? It's just an idea.
BP, other companies point fingers in oil rig blast
Early finger-pointing erupted Monday among companies involved in the oil rig explosion in the Gulf of Mexico and unstopped leak of millions of gallons of oil, on the eve of the first congressional hearings into the accident.
A top American executive for BP, Lamar McKay, said a critical safety device known as a blowout-preventer failed catastrophically. Separately, the owner of the rig off Louisiana's coast said BP managed it and was responsible for all work conducted at the site. A third company defended work that it performed on the deepwater oil well as "accepted industry practice" before last month's explosion. . .