Feinberg ain’t no Santa Claus…

Ken Feinberg, British Petroleum employee and steward of the BP claims fund wrote himself a little editorial the other day in Bloomberg Businessweek titled: How to Give Away $5 Billion. The article came complete with an illustration of a man, presumably Ken, holding a money bag while outstretched, demanding hands come in from outside the border of the drawing and there, in a nutshell, is everything that’s wrong … Continue reading Feinberg ain’t no Santa Claus…

Nobody did it…

Transocean, the company that owned the Deepwater Horizon, recently objected to a draft of a Coast Guard report, released on April 22nd that placed partial blame for the explosion upon their poor safety culture, among other problems: “Switzerland-based Transocean insists the blast did not result from poor upkeep, that the blowout preventer was properly maintained and that the general alarm on the rig did not fail to operate … Continue reading Nobody did it…