Left Take:: Oh by the way, the Oil Nightmare might be over

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Oh by the way, the Oil Nightmare might be over | 23 comments

This is good

by: SuzeB1964Mon Jul 19, 2010 at 10:48:02 AM CDT

BP has been named in at least three lawsuits brought under the federal law known as RICO, which stands for Racketeering Influenced and Corrupt Organizations. Transocean, which leased the ill-fated Deepwater Horizon drilling rig to BP, has been named in two lawsuits filed in Louisiana and Florida.
The lawsuits accuse both companies of committing wire and mail fraud over a number of years by filing false documents with the U.S. government, and by misleading investors through other documents and falsehoods. They also claim both companies are guilty of bribery because they are part of an overall oil and gas industry effort to "infiltrate" federal regulators by providing favors such as alcohol and drugs, sex, golf and ski trips, concert and sports tickets, and more.

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If the 2001 Bust Tax Cuts are so good for the economy and create so many
jobs, why did we go into a recession in 2007, and where did the jobs go?

Interesting, Suze

by: Still LearningMon Jul 19, 2010 at 12:17:23 PM CDT

I wonder how many other industries could also be indicted for the same offenses?

Could this be the final straw to end corporatism? And since Corporations are now considered individuals under the law (just like you and me) can we now wee them imprisoned for RICO crimes?

Oh joy!

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I feel like I'm witnessing the systematic destruction of a people's ability to survive. It's horrifying. - Rachel Corrie

[ Parent | ]

Not sure if Great Britian would extradite British citizens for the trial but,

by: SuzeB1964Mon Jul 19, 2010 at 14:47:19 PM CDT

Both individuals and organizations have been tried under the RICO Act (including the Catholic Church and the Key West Police Department).

http://en.wikipedia.org/wiki/R...

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If the 2001 Bust Tax Cuts are so good for the economy and create so many
jobs, why did we go into a recession in 2007, and where did the jobs go?

[ Parent | ]

Oh by the way, the Oil Nightmare might be over | 23 comments

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