Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (74132)	10/29/2010 12:42:01 PM
From: Maurice Winn	1 Recommendation of 74559

That was my argument back in 1986 when I was warning BP that now that they were American [in assets owned], they were subject to being sued by crazed American juries for everything they had and so the casual carelessness of the rest of the world was unacceptable. <Incidentally, BP is more American now then British. > After Exxon Valdez, I thought BP would take the warning seriously. Perhaps they did and just got unlucky. I left 20 years ago. From the public point of view they seem to have adopted a green image, but in 1995 they were doing the old style fighting confrontational approach when I was taking them and others on over lead in petrol and petrol quality. Old habits die hard. Mqurice

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