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BB&T Corporation Message Board

a_pane_in_the_glass 6 posts  |  Last Activity: Dec 24, 2014 5:27 PM Member since: Oct 18, 2002
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  • a_pane_in_the_glass by a_pane_in_the_glass Dec 24, 2014 5:27 PM Flag

    HERE'S THE BRIEF ARTICLE, DATED TODAY.
    .
    "BP has a curious sense of culpability. The company responsible for the Deepwater Horizon disaster now argues that the fines it’s facing from the accident should be reduced because oil prices have fallen in the past six months.

    The high penalties from the case, combined with the lower price of oil, could weaken the finances of the BP subsidiary that bears legal liability for the spill, the company claims in court documents filed Monday.

    In September, a federal judge in New Orleans found BP acted with gross negligence in the events preceding the disaster, a distinction that almost quadruples the potential fines the company faces.

    Now, federal prosecutors are seeking as much as $18 billion in pollution penalties related to the disaster. BP claims the feds’ calculation fails to account for the almost 50 percent drop in crude prices since June. In total, the company faces about $42 billion in liabilities related to the Macondo blowout.

    Since the disaster, BP’s Exploration & Production unit has operated at a loss and has been supported “only with assistance from a corporate parent that is not legally obligated to assist,” BP said the filing.

    Yet again, BP seeks to portray itself as the victim, a tactic it has used since shortly after the blowout occurred, killing 11 men on board the Deepwater Horizon rig.

    But BP isn’t the victim. The victims are the dead, their families who are spending this Christmas once again without fathers, sons and brothers. The victims, too, are those who survived and continue to struggle to rebuild their lives, and the Gulf Coast business owners, some of whom are still regaining their footing. "
    .
    THIS BOORISH COMPANY HAS NO SENSE OF PROPRIETY.
    .
    FOUR YEARS LATER, IT'S STILL TRYING TO ESCAPE JUSTICE.
    .
    WHEN EVEN FORBES SAYS YOUR BUSINESS STINKS, IT'S TIME TO LOOK AT YOURSELF IN THE MIRROR, AND FACE THE MUSIC.
    .
    2015 IS TIME FOR BP TO RID ITSELF OF ITS DESPICABLE MANAGEMENT, AND REJOIN SOCIETY AGAIN.

  • a_pane_in_the_glass by a_pane_in_the_glass Dec 23, 2014 12:18 PM Flag

    Honest.
    .
    ACCORDING TO THE STREET.COM , COURT DOCUMENTS ACTUALLY SAID THAT.
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    DON'T FINE US AS MUCH, THE OIL PRICE IS DOWN.
    .
    LIKE OIL COMPANIES EVER TOOK IT EASY ON US WHEN WE WERE HURTING.
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    BUT THE NOT-SO-VEILED THREAT IS, IF YOU FINE US THE MAX, WE WON'T EMPLOY AS MANY PEOPLE LOOKING FOR OIL IN THE U.S.
    .
    AND YOU KNOW WHAT THE ANSWER TO THAT IS ?
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    GREAT ! NEXT !!.
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    IT MEANS THE ENVIRONMENT STAYS CLEANER.
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    FEWER AMERICANS DIE !
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    HURRY UP WITH THOSE FINES, JUDGE ! BABY WANTS TO SEE WHO'S GOING TO GET THOSE BP LEASES !!!

  • a_pane_in_the_glass by a_pane_in_the_glass Nov 28, 2014 9:08 AM Flag

    BLOOMBERG REPORTS THEY WILL NOT PAY THE MEDICAL EXPENSES OF 20,000 PEOPLE WHO WORKED IN THE CLEANUP.
    .
    "Early drafts of the settlement, which provides as much as $60,700 to workers immediately diagnosed with specific physical injuries, blocked automatic payments for ailments that manifested more than two years after the spill began. In the final draft, Barbier said, the accord’s wording was altered slightly so it denied automatic compensation for ailments that weren’t formally diagnosed by a specific series of medical tests before that cutoff date.

    [Judge] Barbier told BP’s lawyers their interpretation was “troubling” and wasn’t what he was originally told when he signed off on the medical-benefits settlement, which is part of BP’s larger $9.7 billion deal to resolve most private spill-damage claims. "
    .
    C'MON, BP, IT'S ONLY A LITTLE OVER A BILLION BUCKS.
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    IF YOU DON'T PAY FOR THE PEOPLE WHO CLEANED UP YOUR MESS, YOU WON'T GET ANY HELP FOR YOUR NEXT GOD-AWFUL DISASTER !!!

  • a_pane_in_the_glass by a_pane_in_the_glass Nov 28, 2014 8:59 AM Flag

    Way to go, opec !
    .
    dudley and the swede are choking on the oil price like an oily macondo shrimp !
    .
    couldn't happen to a nicer bunch of polluters !
    .
    the only downside is -- these guys will try to pump more oil, so the earth will be at greater risk from their -- what did the judge call it -- reckless operations ?

  • a_pane_in_the_glass a_pane_in_the_glass Oct 9, 2014 9:55 AM Flag

    Well, blue 10, I have to say this....
    .
    THIS IS BETTER THAN YOUR OTHER FANTASY, ABOUT THE DOMINATRIX, THE CATTLE PROD, AND THE STICK OF BUTTER.
    .
    JUSTICE OFFERED BP AN INITIAL SETTLEMENT OF $17 BILLION LONG AGO, AND BP'S ARROGANT MANAGEMENT BLEW IT OFF.
    .
    NOW IT'S A REALITY THAT THEY HAVE TO FIGHT. THEY'LL SPEND EVEN MORE OF YOUR DIVIDENDS ON LEGAL FEES, WHILE THE GOVERNMENT JUST LAUGHS THEM OFF.
    .
    MEANWHILE, OTHER -- MORE RESPONSIBLE -- COMPANIES ARE FREE TO SPEND ALL OF THEIR MONEY ON EXPLORATION, PRODUCTION, ACQUISITION, AND REAL BUSINESS.
    .
    BUT, HEY, IT'S YOUR MONEY.
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    UNTIL THEY'RE FINISHED SPENDING IT.

  • Geez, longs, you sure must LOVE that number.
    .
    YEP, 42 BACK AGAIN. THE -- WHAT -- HUNDREDTH TIME SINCE HORIZON BLEW UP ?
    .
    AND BP HAS ONLY SPENT 50 BILLION TO KEEP IT THERE ?
    .
    IT'S BEEN REALLY FUN TO WATCH, WHILE OWNING OTHER STOCKS.
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    CAN'T WAIT TO SEE THEM WRITE THE NEXT CHECK TO THE GOVERNMENT.
    .
    AND NOW, TIME FOR ANOTHER SONG.
    .
    BYE, BYE, LOVE. BYE, BYE, DIVIDEND. SO LONG, BP REPUTATION, I THINK I'M GONNA CRY.....

BBT
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