Could the threat of criminal action against BP dis-incentiveize them from stopping the leak?

Asked by roundsquare (5522

) June 6th, 2010

If they think they will pay huge fines, get a lot of flack, potentially be taken over at a low price (given their current stock price) etc… why wouldn’t the heads of the company cut their losses? Or do we think they have enough sense of responsibility to stop the leak even know?

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1 Answer

I expect they would assume they will be able to cut a deal on criminal charges or fines if they are seen to be stopping the leak. I don’t hold any brief for their morality as a company from what I’ve read, but I don’t think they will be able to walk away from the problem unless they go totally broke.

janbb (62862

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