Normally I don't go in for this stuff, but last night's episode was disturbing...all about the gulf oil spill.
It was allowed to happen. It was planned.
Remember Halliburton? They were responsible for installing a concrete retainer that would have prevented the spill, but kept putting it off. At the same time, they spent $240 million to purchase the world's largest cleanup company that handles oil spills. Guess who got the cleanup job?
Two weeks prior to the spill, BP's CEO sold all of his stock. At the same time, BP convinced TransOcean, who owned the rig BP was leasing, to take out a huge insurance policy with BP as the beneficiary.
Finally, the toxic stuff they used to clean up the oil? Prior to the spill, BP bought a ton of stock in the company that manufactures it. The profits from that more than covered the hit BP's stock took after the spill. In fact, that company's CEO is a former member of BP's board of directors. The profits from cleaning up one barrel of oil are four times the profit of selling the same barrel.
These guys didn't have to go far to split the money either...BP's gulf headquarters sit right next to Halliburton's...on Halliburton Road.
It was allowed to happen. It was planned.
Remember Halliburton? They were responsible for installing a concrete retainer that would have prevented the spill, but kept putting it off. At the same time, they spent $240 million to purchase the world's largest cleanup company that handles oil spills. Guess who got the cleanup job?
Two weeks prior to the spill, BP's CEO sold all of his stock. At the same time, BP convinced TransOcean, who owned the rig BP was leasing, to take out a huge insurance policy with BP as the beneficiary.
Finally, the toxic stuff they used to clean up the oil? Prior to the spill, BP bought a ton of stock in the company that manufactures it. The profits from that more than covered the hit BP's stock took after the spill. In fact, that company's CEO is a former member of BP's board of directors. The profits from cleaning up one barrel of oil are four times the profit of selling the same barrel.
These guys didn't have to go far to split the money either...BP's gulf headquarters sit right next to Halliburton's...on Halliburton Road.
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