Killing BP

[DetlefK]

I just read an article at the Huffington Post from Alec Baldwin.
http://www.huffingtonpost.com/alec-baldwin/this-crisis-is-an-opportu_b_602640.html
It states the possibility, that BP as a company might cease to exist, due to all the fines and settlement costs and clean-up costs...

To me, this statement brought up some questions:

Would oil companies be able to reach their goals (concerning providing jobs, wages, profit) without corruption at the Minerals Management Service?
If a company's well-being and day-to-day-work depends on the corruption of a federal agency, is that still free-market capitalism?
If a company operated for years on corruption, how could you say, it were operating in a free market?

We must never forget all the people working for BP, their lives depending on their jobs, but if the monetary damage really kills BP:
Why not adhere to the holy teachings of free-market capitalism? If a company can't sustain itself, let it die.

[RandomThoughts]

1. The whole question is if it breaks up.

Does it get bought up making more consolidation, or broken up to smaller pieces.

That is the real question.

[NightWatcher]

3. the value left in BP would be absorbed by Shell... the debts would be forgotten

and all those who are owed damages from the spill would be left to dangle in the breeze.

[Ron Green]

2. We're all dirty.

Almost no one is free from ties to these massive merchants of death. We drive cars, use products made from oil, and many people are invested, through stocks and mutual funds, to corrupt companies seeking to maximize profits by sullying our air and water.

Where to draw the line between people of good will and criminals (along with the religiously insane) seems to be the question.