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BP, in a move destined to go down as one of the bestest public relations moves ever, has apparently hired a private security company to help to keep pesky reporters from covering the unfolding catastrophe on the beaches of the Gulf Coast. That freedom of press thing is just so onerous and bothersome. But [...] Excerpts from letter by John Napier, CEO of British insurance company RSA, to President Obama Please forgive this open letter but your comments towards BP and its CEO as reported here are coming across as somewhat prejudicial and personal. If you compare the damage inflicted on the economies of the western world by polluted securities [...] Why it was just a few days ago the feds and BP were howling at scientists who dared make such a preposterous estimate. What I don’t get is why all the stonewalling on the size of the spill? This isn’t some DC scandal they can try to bury with a PR push and behind the [...] Hours after BP’s rig sank on April 22nd, a white board in NOAA’s war room in Seattle displays the administration’s initial, worst-case estimate of the spill — 64,000 to 110,000 barrels a day. Via al.com Rolling Stone The inside story of how Obama failed to crack down on the corruption of the Bush [...] Philipe Cousteau reports on Treehugger from the Louisiana Gulf coast. He says things will get much worse before they get better. And it’s already bad now. Oil rig diver swims through the plumes FDL But while we’ve heard an awful lot about them, we have yet to actually see perhaps the greatest [...] SFGate details why. The high-def video they finally released today after being forced to by Sen. Boxer and Markey shows that the leak at the wellhead was massive, way more than the 1,000 barrels a day BP originally claimed. (Emphasis in original) Leifer cited satellite data that appeared to show the leaking well’s flow was [...] The Colbert Report Mon – Thurs 11:30pm / 10:30c [...] Oh goodness, more faux outrage, just like when he got angry at the bankster’s bonuses then did nothing about it. And he still hasn’t figured out whose ass to kick? Hint: Their initials are “BP”. If Senator Nelson is correct about the breach of fundamental well integrity, the game is close to over for the Gulf of Mexico. We shall see where this goes from Nelson’s initial comment. But make no mistake, Nelson is a careful guy not prone to overt hyperbole, and he clearly understood the ramifications of [...] The Financial Crisis Inquiry Commission has issued a subpoena to Goldman for failure to comply with requests for documents. The commission remarked of Goldman that, “Failure to comply with a Commission request is viewed with the utmost seriousness, as the Commission will not be deterred from getting desired information.” There is no truth [...] |  | ||||
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