When the big banks in America began collapsing under the weight of their own greed in 2008, then-Treasury Secretary Henry Paulson assured us that he would make sure this never happened again. But behind closed doors, he was working with the CEOs of these banks to come up with rules that would prevent the government…
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BP’s most recent containment plan for the Gulf of Mexico oil spill turned out to be a failure. With no immediate viable options remaining, the company has now thrown their hands up and is actually asking the public for their input on how to contain the leak. Meanwhile, the clean up vessels of Exxon, Chevron,…
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Papantonio: Is A BP Bankruptcy Possible?
BP’s most recent containment plan for the Gulf of Mexico oil spill turned out to be a failure. With no immediate viable options remaining, the company has now thrown their hands up and is actually asking the public for their input on how to contain the leak. Meanwhile, oil continues to spew out of the…
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