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"I hear comments sometimes that large oil companies are — are greedy companies or don't care, but that is not the case in BP. We care about the small people."
BP Agrees to $20 million fund
BP Chairman Carl-Henric Svanberg told reporters in Washington: "I hear comments sometimes that large oil companies are greedy companies or don't care, but that is not the case with BP. We care about the small people."
Justin Taffinder of New Orleans was not amused.
"We're not small people. We're human beings. They're no greater than us. We don't bow down to them. We don't pray to them," Taffinder said.
I am glad Obama made them set $20 billion aside and suspend their dividends.
BP has taken the brunt of criticism because it was the owner of the well and was leasing the Deepwater Horizon rig that sunk. But when the day of reckoning finally comes, BP may not be the only one having to pay up. That's because Swiss-based Transocean Ltd. owned a majority interest in the rig. Anadarko Petroleum, based in The Woodlands, Texas, has a 25 percent non-operating interest in the well.
Originally posted by Teahupoo
I think that the idea that MONEY can fix this is ludicrous...