Sunday, May 23, 2010

Rumors of debarment for BP

by DWG

In what would be the most fitting punishment for BP's many crimes, there are rumors that the Environmental Protection Agency (EPA) is considering debarment for the company. Debarment is somewhere between corporal and capital punishment for scofflaw companies. The most severe form is "discretionary debarment," which would cancel all government contracts and leases on federal lands, a move that would cost BP at least 16 billion dollars a year. An article in ProPublica by Abrahm Lustgarten discusses the prospects for debarment for BP and gives even a cynic like me reason to smile. Let me touch on the points that had me licking my canine teeth.

continued at Daily Kos....