Yesterday's Tractor Co. Parts for Farm Tractors - Compare our Prices!
Click Here or call 800-853-2651 
   Allis Chalmers Case Farmall IH Ford 9N,2N,8N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   Traditional YT Forum ViewClassic View   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

BP settles its criminal case.


 
Post new topic    
View previous topic :: View next topic  
Author Message
john in la
Tractor Guru


Joined: 28 Mar 2004
Posts: 6712
Location: Bedico, La.

Report to Moderator

PostPosted: Fri Nov 16, 2012 5:20 pm    Post subject: BP settles its criminal case. Reply to specific post Reply with quote

BP pled guilty to 11 counts of manslaughter and other charges yesterday to settle its criminal case the government brought against the company.
They are ordered to pay over 4 billion in fines bringing their total cost to date for the Deepwater Horizon rig to over 40 billion.
They still have the civil cases pending.

BP also hung 3 of its workers out to dry to rid the company of the case.
Read the attached story.
BP Criminal Plea

 
Back to top
View user's profile
Bendee
Tractor Guru


Joined: 30 Oct 2007
Posts: 4321


Report to Moderator

PostPosted: Sat Nov 17, 2012 12:57 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

Compare that outcome with the Exxon Valdez case.
 
Back to top
View user's profile
WGWKy2
Guest






Report to Moderator

PostPosted: Sat Nov 17, 2012 3:44 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

and gas prices go up...
 
Back to top
cannonball
Long Time User


Joined: 05 Mar 2009
Posts: 618


Report to Moderator

PostPosted: Sat Nov 17, 2012 4:21 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

How many human lives were lost in the Exxon Valdez case.
 
Back to top
View user's profile
NEKS
Long Time User


Joined: 31 Mar 2008
Posts: 1269


Report to Moderator

PostPosted: Sat Nov 17, 2012 5:07 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

For the goverment there is dollars in the BP oil spill thing. There is none in the Benghazi killings. So lets worry about the oil spill.
 
Back to top
View user's profile
MoMike
Regular


Joined: 11 Jul 2005
Posts: 264


Report to Moderator

PostPosted: Sat Nov 17, 2012 5:21 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

Question. What is your solution, fine them they pass the cost on, make them pay for the clean-up they pass the cost on, let tem go scot-free there is no incentive to do it right. I have to have insurance so that if I cause an accident and somebody is hurt my butt is covered. I feel the mid-level guys that are going to jail are being scapegoats, because they probably were being pressured by the higher-ups to maximize profits in order to keep their jobs. My opinion only, yours probably will differ.
 
Back to top
View user's profile
john in la
Tractor Guru


Joined: 28 Mar 2004
Posts: 6712
Location: Bedico, La.

Report to Moderator

PostPosted: Sat Nov 17, 2012 5:51 pm    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

MoMike
I totally agree with you. There is no simple answer to the fines and you should hear some of the maneuvering that is being done by our local government to make sure they get a big chunk of the pie.

I also think they are going to uncharted ground by charging the 3 workers.
A Boss will have a hard choice to make if these charges stick. Do I do as the company orders even though I know it is not safe or do I shut this operation down and risk loosing my job.

What we really need to remember is 11 lives were lost because a company wanted to maximize profits.
 
Back to top
View user's profile
Traditional Farmer
Tractor Guru


Joined: 26 Apr 2007
Posts: 3777


Report to Moderator

PostPosted: Sun Nov 18, 2012 5:26 am    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

Great news for those that like high gas prices,almost as stupid as the people in the Northeast that are suing their power company.Guess where the company will get the $$$
to pay off any judgements plus lawyers fees?
 
Back to top
View user's profile
RodinNS
Tractor Guru


Joined: 01 Sep 2005
Posts: 13596


Report to Moderator

PostPosted: Sun Nov 18, 2012 12:33 pm    Post subject: Re: BP settles its criminal case. Reply to specific post Reply with quote

It may be uncharted water in the US... but that type of law exists here. It's commonly known as the Westray act... after the Westray coal mine disaster that killed 26 men. That has generally been considered the standard in Canada for gross negligence by management in pursuit of profit. They were charged at the time and the charges stayed because there was no reasonable expectation of conviction because of the way the laws were written at the time...

Rod
 
Back to top
View user's profile
Display posts from previous:   
Post new topic    Yesterday's Tractors Forum Index -> Tractor Talk All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
TRACTOR   PARTS TRACTOR   MANUALS
Same-Day Shipping! Most of our stocked parts ship the same day you order (M-F).  Expedited shipping available, just call!  Most prices for parts and manuals are below our competitors.  Compare our super low shipping rates!  We have the parts you need to repair your tractor.  We are a Company you can trust and have generous return policies!   Shop Online Today or call our friendly sales staff toll free (800) 853-2651.

YT Home  |  Forums Home

Copyright © 1997-2014 Yesterday's Tractor Co.

Powered by phpBB © 2001, 2005 phpBB Group

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters