BP CEO Says He’s Done Paying For The Deepwater Horizon Disaster
Source: Think Progress
BP CEO Robert Dudley told Businessweek in an interview Thursday that continuing to send millions of dollars to people who claim they were hurt by the 2010 disaster is not good for America. While BP is trying to halt its payments and reduce the amount owed to victims, Dudley claimed the company has been the wronged party:
Quite frankly, the results have been really strange. The claims going through a claims facility have resulted in absurd results, and millions of dollars are going out to pay people who suffered, in many cases, no losses from the spill. And this is just not right. I dont think its right for America. Were a big investor in the United States, and weve challenged this really strongly. Its just not right.
Dudleys claim that BP has in good faith agreed to all of the damages misrepresents the current state of affairs. The company has actually been working to reduce its debts. BP had asked a federal judge to halt spill payments, though the judge decided against BP yesterday. That will not prevent BP from fighting claims with its new hotline that pays watchdogs to report fraud.
Read more: http://thinkprogress.org/climate/2013/08/08/2438731/bp-spill-claims/
PSPS
(13,594 posts)I think I heard that this hotline ended up only fielding calls from people complaining about BP's fraud.
Spitfire of ATJ
(32,723 posts)We're the nation of bootstraps.
House of Roberts
(5,168 posts)mbperrin
(7,672 posts)NOW he can whine about something. BP is NOT good for America!
90-percent
(6,829 posts)just put the guy in a normal run of the mill American prison and have him live for decades in solitary confinement. That's SOP in many American prisons these days and it doesn't seem to be considered torture in the least by those that run our prison system.
-90% Jimmy
mbperrin
(7,672 posts)But these kind of asses make me FEEL extreme!
olddots
(10,237 posts)n.t.
MindMover
(5,016 posts)for the remainder of the life of the company ...
DeSwiss
(27,137 posts)I KNOW!!! It happens all the time. There BP was, right there in the middle of the Gulf of Mexico minding its own business, and then somebody they once did business with a long, long time ago make one little mistake and got some oil on a few porpoises or something, and now they're the bad guy!?!?!
- Geeze, what does a corporate-person have to do to get a break around here???
Here's an idea:
Seize BP's assets! -- All. Of. Them.
K&R
BlueManFan
(256 posts)Bless their hearts. All that water got in their oil.
wordpix
(18,652 posts)NoMoreWarNow
(1,259 posts)and they lost so much it.
davidpdx
(22,000 posts)who resigned for putting his foot in his mouth right after it happened.
TexasTowelie
(112,161 posts)Add exemplary damages for reneging on their earlier settlement agreement.
blkmusclmachine
(16,149 posts).
freshwest
(53,661 posts)Rep. Joe Barton Apologizes To BP For $20 Billion Claims Fund
Uploaded on Jun 17, 2010
House Representative Joe Barton of Texas shockingly apologizes to BP.
CEO Tony Hayward that they were asked to create a liability fund for
those people affected by the Gulf oil leak.
Theyletmeeatcake2
(348 posts)Normally means we're pillaging natural resources for all they're worth....they are all making insane profits because they're not paying the TRUE COST of their activities. Pollution,global warming,decreases in the standard of living are just some of things these bastards are not taken to task over. I hope it's not too late but then again these pricks probably have booked a seat on the first spaceship out of this place...maybe that's the prize for screwing the world over...rant over..
freshwest
(53,661 posts)navarth
(5,927 posts)wordpix
(18,652 posts)Sanity Claws
(21,847 posts)Why don't recent college grads determine that they are done paying their student loans? It is clearly not good for America for all these people pay inflated costs and be in servitude for the next twenty years of their lives.
Kelvin Mace
(17,469 posts)I am THROUGH making my car payments.
I have made all the legitimate payments I need to make.
cvoogt
(949 posts)Hoe exactly is sending millions more to America NOT good for America? Of course it is. It also happens to be the right thing to do, because many folks are still recovering and the federal judge did decide against BP yesterday.
L0oniX
(31,493 posts)Dustlawyer
(10,495 posts)victims will take $5,000 for their claim when their whole livelihood is gone! 5th generation crab processors and fishermen are toast. They bought off Obama, yes I said Obama, and he gave them the Coast Guard to do BP's bidding as well. You see, those pesky mid-terms were coming, the oil was flowing and their was a growing chorus saying that this was Obama's Katrina. BP came to Obama with the 20 billion dollar fund and Ken "I'm Independant, you don't need a lawyer" Feinberg. Obama went with it and he has never said Gulf oil spill since.
By the way, in Feb of 2011 Judge Barbier in New Orleans ruled that Feinberg "...was not Independant and had always been BP's representative! It has been one scam after another and a prime example of how corporate media manipulates the masses and helps BP spew their lies!
Publicly funded elections are the answer!
Evasporque
(2,133 posts)on point
(2,506 posts)They_Live
(3,232 posts)Seems fair, right?
bearssoapbox
(1,408 posts)Then when I go in to pay, give the cashier $5.00 and say 'That's all I'm going to pay!'.
Somehow I don't think that 'Bastards Petroleum' would go for that.
Hubert Flottz
(37,726 posts)Lets feed him some Corexit and water for a spell.
wordpix
(18,652 posts)silvershadow
(10,336 posts)us. serfs.
Brigid
(17,621 posts)YOHABLO
(7,358 posts)BP should be dissolved and all moneys spent on clean up and retribution. Americans don't really care as long as gasoline is affordable and they can keep buying new cars and trucks that go vrrrrrrrrrrrrrrroooooooom!!! yeah baby.
DonCoquixote
(13,616 posts)The rest of the Gulf stops paying for it, and not one second earlier.
tclambert
(11,085 posts)Well, okay then.
freshwest
(53,661 posts)rdking647
(5,113 posts)what it agreed to pay,how about dudley pay for it personally.
seize all his assets. put him out on the street homless and starving.
im sure he'll change his tune
Ash_F
(5,861 posts)drm604
(16,230 posts)Un-friggin-believable. These people have no shame. The company should have sued out of business.
agent46
(1,262 posts)jasond54231
(51 posts)Rob, the money you've paid out so far is a mere pittance, and doesn't even begin to make up for the damage your corporation has done to the environment. So quit your whining and pay up.
Volaris
(10,270 posts)More and more every day, Project Mayhem seems like the right idea.
If we don't figure out a way to get Publically-Funded elections, it just might come to that. This fucker should be lucky he has a company to RUN. As far as I'm concerned, ALL of BP's American asets should have been confiscated, sold off the highest bidder, and the assets used to fund a Federal Renewable Energy Corp.
One time. ONE TIME a CEO goes to prison, and I SWEAR the rest will NEVER behave this way again. We just have to have the balls to do it the FIRST time, and the rest of it will be a cakewalk.
You know it, too.
FiveGoodMen
(20,018 posts)And it's our fault if we do.
wordpix
(18,652 posts)wordpix
(18,652 posts)snip: "This negative perception might have something to do with receiving billion-dollar subsidies for a highly profitable industry that charges high gas prices. BP claims it pays too much in taxes, despite receiving an annual $300 million in estimated tax breaks on top of a $12 billion profit last year."
$Billion subsidies? $300 million in tax breaks? $12 billion in profit? These guys should have NO tax breaks, NO subsidies and NO profits following the Gulf disaster.
truth2power
(8,219 posts)defies understanding!
What's being said on this thread applies...Stop paying student loans; or for gassing up your car etc.
I'm convinced the CEO's of these mega-corporations really do have a chunk of their brains missing. Geez!
Dash87
(3,220 posts)valerief
(53,235 posts)obxhead
(8,434 posts)I haven't bought gas from an Exxon sine Valdez and I'll never buy a drop of BP again.
Yeah yeah same refineries etc. I get it.
However those brands are done for me. Eventually I'll give up the car when every company has done he same.
Jacoby365
(451 posts)yurbud
(39,405 posts)olddad56
(5,732 posts)Why does the CEO of BP get to decide when BP is done meeting their obligation? (as if they ever could be)
AnotherMcIntosh
(11,064 posts)"U.S. Magistrate Judge Sally Shushan on Wednesday gave BP until Monday {8/12/]2013} to hand over the money, finding that BP's approval of the Court Supervised Settlement Program's third quarter budget had "been unreasonably withheld,"
"Shushan added that "going forward, the Claims Administrator shall submit its proposed quarterly budgets to the parties 60 (sixty) days prior to the quarter."
http://www.courthousenews.com/2013/08/09/60142.htm
blackspade
(10,056 posts)The poor little mega-corporation doesn't want to pay for its fuck up.
The US government should have filed criminal charges against these assholes.
Orsino
(37,428 posts)...and wouldn't you rather forget about it I sure would."