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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (43707)6/9/2010 8:45:44 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Actually I think it's a pretty apt analogy.

If there is a CHEAPER way 'out' of their difficulties (for example: stiffing all the small business owners and individuals that they possibly can by dragging out delaying actions in the courts so VERY LONG, and making them so prohibitively expensive to the plaintiffs that they can't sustain the effort, a la Exxon and the Valdez disaster and 20 year long delaying action in the courts) then that is EXACTLY the course that BP, or most any other mega sized corp would choose: the way that preserves the bottom line the very most.

Same with Ford years ago making the coolly calculated decision that paying off millions (one-by-one) in death benefits over Pinto 'flamemobile' court actions was more COST EFFECTIVE then re-engineering the gas tanks would have been.

It's an accounting decision.
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