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View Diary: White House plans to force BP to set aside money to pay damages (272 comments)

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  •  third party--like a corporate monitor? watch out (2+ / 0-)
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    bnasley, AnnetteK

    The White House plan will not only require BP to set aside significant funds, but will be administered by a third party to keep BP from shortchanging people entitled to compensation.  

    You might want to watch out for the corporate monitor bait and switch here.  Corporate monitoring is where dirty old AGs like Mukasey and Ashcroft go to get rich.  The corporation gets charged, then makes a sweet deal with the DOJ to pay a less-than-fabulous fine and then promise to do better, which is where the monitor comes in, pay him please whatever he asks.  Let's see... no guilt, and money circulates.  And the present AG sees his future.

    BP is already a convicted criminal on probation (not corporate monitoring?, not sure how that works) in Alaska and Texas cases, has totally failed probation, and Jason Leopold on Truthout has written a great series of articles and has been trying to find out if the DOJ is going to do anything about it...

    JasonLeopold May 3rd, 2010 at 10:04 pm

    I tried to get the DOJ to respond to questions about whether this would violate terms of the plea agreement and expose the company to criminal charges given that DOJ agreed not to pursue additional criminal charges as long as BP agreed to implement OSHA’s proposed safety measures. But didn’t get an answer and don’t expect to....So basically it’s just fine the crap out them, which goes to your point about coddling corporate malfeasance.

    Eric Holder sucks.

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