 |
News Articles
| U.S.: Will Wall Street Ever Face Justice?
by Phil Angelides, New York Times
March 1st, 2012
Four years after the disintegration of the financial system, 24 million people jobless or underemployed. Yet claims of financial fraud against companies like Citigroup and Bank of America have been settled for pennies on the dollar, with no admission of wrongdoing. Executives who ran companies that made, packaged and sold trillions of dollars in toxic mortgages and mortgage-backed securities remain largely unscathed. |
| US: Oil Hits Home, Spreading Arc of Frustration
by Campbell Robertson, Clifford Krauss and John M. Broder, New York Times
May 24th, 2010
More than a month has passed since the Deepwater Horizon rig blew up, spewing oil into the Gulf of Mexico and frustrating all efforts to contain it. The disaster underscores the enduring laxity of federal regulation of offshore operations and has shown the government to be almost wholly at the mercy of BP and of Transocean, the company leasing the rig. |
| WORLD: Disaster Plans Lacking at Deep Rigs
by Ben Casselman and Guy Chazen, Wall Street Journal
May 17th, 2010
Dealing with a deep-sea spill is a a problem that spans the industry, whose major players include Chevron Corp, Royal Dutch Shell and Petróleo Brasileiro SA. Without adequately planning for trouble, the oil business has focused on developing experimental equipment and techniques to drill in ever deeper waters, according to a Wall Street Journal examination. |
| US: U.S. Said to Allow Drilling Without Needed Permits
by Ian Urbina, New York Times
May 13th, 2010
The federal Minerals Management Service gave permission to BP and dozens of other oil companies to drill in the Gulf of Mexico without first getting required permits from another agency that assesses threats to endangered species — and despite strong warnings from that agency about the impact the drilling was likely to have on the gulf. |
|
|
