Friday, October 30, 2009
My blood is boiling.
There's an item on the news today that British Petroleum--an ugly company with a beautiful logo--is being fined an OSHA record $87 million dollars for shoddy maintenance and safety measures that resulted in an explosion that killed 15 workers in a Houston-area refinery.
We are supposed to feel that this fine (which BP is fighting) is just recompense for BP's history of criminal negligence.
In 2008, BP earned $25.6 billion in profits.
The OSHA fine they received is 1/3 of 1% of those profits. Equivalent to someone making $100,000 being fined $300. For killing 15 people.
Posted by George Tannenbaum at 5:07 PM