Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Gib Bogle who wrote (73530)	5/16/2010 8:32:17 PM
From: maceng2	Read Replies (1) of 74559

hence the discipline of welfare economics haven't read much up on that. But BP is a good example of an entity that may have wandered off the straight and narrow. I like good safety discipline, and that includes making sure profits are safe too. Some concerns raised here. Message 26532194 Never mind if the stories true or not (I have my own suspicions) but imho BP should have already anticipated these stories, and made sufficient signals that if anything has been done wrong they really are truly sorry, and are going to impress us how they are going to change for the better. Have you seen any signs of remorse or willingness to change yet? There is talk of making more regulations. Big companies normally complain about too many regulations, now BP thinks they are a good idea?? Have they followed the current ones is my burning question. That needs answering from the CEO. He doesn't need to wait for any f*king investigation to find that answer out. The lawyers are probably advising of what can or cannot be said. This where executive decisions need to be made for the common good of the company. This is where executives earn their dough, or not earn their dough as the case may be. They seem to think everything is just wonderful so far, and "they know what they are doing"*. That is the impression I got from watching the press release video I posted earlier on this thread. I've had to deal with a few smug bastards in my time. Both companies and delinquent humans. BP does not look any better at the moment.

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