Posted on 06/08/2010 9:35:38 AM PDT by Nachum
The criminal case against oil giant BP has essentially been proven and investigators should be determining how harshly it will be penalized, Sen. Sheldon Whitehouse said Tuesday.
Whitehouse (D-R.I.) — a former U.S. Attorney who successfully prosecuted the North Cape oil spill in 1997 — said that BP "absolutely" broke the law for the Deepwater Horizon oil spill in the Gulf of Mexico.
"It's pretty much agreed they did that. It's only a misdemeanor statute, but it provides for at least the avenue of criminal prosecution and that leads to potential criminal fines, potential criminal restitution to individual parties who are harmed," he said on CNBC. "So I think it's almost a lay-down hand as a criminal case at this point and the issue really is going to be about penalties and damages."
(Excerpt) Read more at thehill.com ...
Amazing post...bookmarking for future reference....Thanks!
Ha! Love that second cartoon!
regulations matter little when bribes overide what should be done ...
“When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” — P.J. O’ROURKE
Oil companies giving campaign contributions for MMS waivers. Boy is that going to be a big story.
But by and large, even the NY Times says massive regulations failure.
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