Friday, May 14, 2010

Thank Goodness For Punitive Damages

BP chief executive officer Tony Hayward is taking the massive, inexplicable (unless one believes the reports of a haphazard approach to safety at BP in general and the relevant rig in particular, or considers the company's two criminal convictions for environmental felonies) oil spill in the Gulf of Mexico remarkably well. His profits spirits seem scarcely dimmed.

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