I fully expect the Oil Co.'s to wriggle out of most of their liabilities. Exxon was certainly able to. I think the judgment against them ended up only being about $500M, reduced from $5B (10%).
Exxon actually made most of their money back in terms of punitive damages. They went through the appeals process for at least 15 years, they didn't pay it until 2008. Through interest alone they made their money back, while Alaskans got 10 cents on the dollar.
But I'm at least going to wait and see
I fully expect the American people to get screwed again.
A friend on FB asked why there were no "Save the Gulf" concerts
09/06/2010 03:13:52 AM
- 927 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
09/06/2010 04:25:09 AM
- 520 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
09/06/2010 04:31:44 AM
- 538 Views
There are a lot people struggling right now who really can't afford to wait
09/06/2010 04:47:26 AM
- 587 Views
I agree with you. That was what I was thinking. But you said it better. *NM*
09/06/2010 05:07:44 AM
- 270 Views
Re: There are a lot people struggling right now who really can't afford to wait
09/06/2010 05:15:33 AM
- 663 Views
That wins the award for stupid post of the month. Possibly the year.
09/06/2010 08:31:18 AM
- 598 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold?
09/06/2010 08:47:57 AM
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I sometimes wonder where you lived in Houston.
09/06/2010 04:24:42 PM
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Re: I sometimes wonder where you lived in Houston.
09/06/2010 05:50:53 PM
- 682 Views
This isn't Karachi.
10/06/2010 02:04:02 PM
- 716 Views
how upset Ghavrel is getting should tell you something about what is going on down there
09/06/2010 04:34:10 PM
- 495 Views
My thoughts exactly. Thanks for posting this.
09/06/2010 09:13:51 PM
- 573 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
09/06/2010 09:46:24 PM
- 646 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
09/06/2010 10:03:52 PM
- 455 Views
well he does have a phone he could have used to call up the BO CEO and chat with him
09/06/2010 10:42:07 PM
- 541 Views
You really don't have any credibilty left on this issue.
10/06/2010 01:56:06 AM
- 569 Views
you really are a loon
10/06/2010 05:19:56 AM
- 673 Views
What's funny is that companies like Haliburton are going to make bank off this disaster
10/06/2010 06:14:07 AM
- 438 Views
Takes one to know one
10/06/2010 06:18:54 AM
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He said more domestic drilling, not more offshore drilling. *NM*
10/06/2010 08:25:14 AM
- 267 Views
The definition of Domestic drilling includes offshore wells.
10/06/2010 08:32:58 AM
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no the main subject of the thread was should there be an aids benefit for the people affected *NM*
10/06/2010 04:16:47 PM
- 227 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM*
10/06/2010 11:17:02 PM
- 222 Views
this is human crisis not just an excuse to beat an oil company over the head with a stick
09/06/2010 02:38:06 PM
- 603 Views
i don't think the US government has ever organized a benefit concert.... *NM*
09/06/2010 04:18:39 PM
- 239 Views
I do believe they were involved in the text donations program *NM*
09/06/2010 04:29:42 PM
- 227 Views
I somewhat doubt it. But I wasn't responding to that part of her post.
10/06/2010 01:26:26 AM
- 495 Views
Regarding the comparison to the financial crisis
10/06/2010 02:10:44 AM
- 494 Views
I actually agree, Free Markets should be cleaning up the oil spill.
10/06/2010 02:57:09 AM
- 812 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill.
10/06/2010 03:41:34 AM
- 564 Views
How is this not a bailout?
10/06/2010 04:15:18 AM
- 709 Views
If history is any precedent
10/06/2010 06:18:18 AM
- 601 Views
The funny thing is...
10/06/2010 06:28:26 AM
- 573 Views
yes lets destroy the gulf coast to make a point
10/06/2010 05:24:12 AM
- 437 Views
I'm simply following laissez-faire capitalism and unfettered free-market ideology?
10/06/2010 06:39:19 AM
- 543 Views
maybe if you tried to understand it you would do a better job of making fun of it
10/06/2010 04:21:46 PM
- 407 Views