The oil spill that was once expected to bring economic ruin to the Gulf Coast appears to have delivered something entirely different: a gusher of money.
Some people profiteered from the spill by charging BP outrageous rates for cleanup. Others profited from BP claims money, handed out in arbitrary ways. So many people cashed in that they earned nicknames—“spillionaires” or “BP rich.” Meanwhile, others hurt by the spill ended up getting comparatively little.
In the end, BP’s attempt to make things right—spending more than $16 billion so far, mostly on claims of damage and cleanup—created new divisions and even new wrongs.
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Some people profiteered from the spill by charging BP outrageous rates for cleanup. Others profited from BP claims money, handed out in arbitrary ways. So many people cashed in that they earned nicknames—“spillionaires” or “BP rich.” Meanwhile, others hurt by the spill ended up getting comparatively little.
In the end, BP’s attempt to make things right—spending more than $16 billion so far, mostly on claims of damage and cleanup—created new divisions and even new wrongs.
Read more »
1 comment:
We should check and see just how much Barak and his cronies took in. I read that he and several house democrats and Soros all had stock in that chemical they were using to dispurse the oil rather than suck it up with those ships the Swedes and other countries were offering for help.
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