Recent

% | $
Quotes you view appear here for quick access.

BP p.l.c. Message Board

  • sushibn sushibn Feb 26, 2013 5:53 AM Flag

    BP:"Production over protection. Profits over safety,"

     

    Jim Roy, an attorney for other plaintiffs suing BP, Transocean, Halliburton and others, said BP executives at the highest level felt pressure to push output to the limit.
    "Production over protection. Profits over safety," said Roy, who represents plaintiffs who did not take part in an $8.5 billion settlement BP struck last year.
    Roy also said Transocean opened the door to disaster with poor staff training and poor maintenance of seabed equipment, while Halliburton made substandard cement to plug the well.
    Transocean's lawyer, Brad Brian, came out swinging against BP, saying rig workers trusted the company and died betrayed.
    Brian noted BP employees had referred to Macondo as a "well from Hell" in emails, and the inaction following Vidrine and Hafle's 8-minute phone call showed they did what BP had done for two months in the face of a risky well: "They did nothing."
    Halliburton's lawyer, Don Godwin, made similar arguments about BP but also said Transocean's rig crew should have shut in the well at the first sign of trouble. "Now is when they want to pass the buck and blame my client for their misdeeds," he said.

    Sentiment: Sell

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You do realize that this is an attorney speaking, right? I've heard that attorney's do tend to stretch the truth - and I once heard of an attorney that even told lies when presenting their case. I think BP has a lawyer, too.
      As for the "Well from hell", I have jobs from hell almost monthly - I think it's a pretty common worker's expression when things are going bad. BP's biggest problem will be to overcome anti-corporate prejudice and America's love of taking as much "free" money as it can get from obliging civil courts and juries.

    • actually you remind me of jim roy, a babbling jagaloon

 
BP
32.36-0.240(-0.74%)May 27 4:00 PMEDT