BP gets record US criminal fine over Deepwater disaster (arrests may be made)

BP gets record US criminal fine over Deepwater disaster (arrests may be made)

www.bbc.co.uk

BP has received the biggest criminal penalty in US history as part of a $4.5bn (£2.8bn) settlement related to the 2010 Deepwater Horizon disaster, in which 11 people died.

The Department of Justice has imposed a $4bn fine, to be paid over five years.

BP will pay an additional $525m to the Securities and Exchange Commission over a period of three years, the firm said.

snip>

BP has agreed to plead guilty to:

eleven felony counts of Misconduct or Neglect of Ships Officers relating to the loss of 11 lives
more at link

edit on 15-11-2012 by GrantedBail because: (no reason given)

According to the article these penalties are to be paid on top of 7.8 billion being paid to the plaintiffs. I am not sure if this is money going to the victims or the other companies. I don't think any settlement should be made without some type of concession for future damages and health related claims from corexit.

What do you think?

www.bbc.co.uk
(visit the link for the full news article)

I can't see arrests with this one and I fear that part of this story will disappear and besides that, I'd rather see those responsible clean up the mess they themselves created. Apparently it's even more of a mess there after Hurricane Isaac.

Yayyyyyyyyyyyyyyy

Lets hope they do actually pay and go to jail.

This has already been posted:

www.abovetopsecret.com...

Please add to the ongoing conversation.

~Tenth