Blaming BP

Larry Ribstein June 24, 2010

Forbes View Original Source

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As a sea of oil slops over sand, oysters and pelicans in the Gulf, it seems natural to blame the entity that made this happen– BP . The Gulf disaster could have easily been avoided–from the well design, to the defective seals, to the haphazard response, topped off with the lack of any backup plan. It doesn’t help that BP is a big, rich, oil company. The company will likely be sued and castigated in courts and markets.