LadyEllen -> RE: Minority Speaker John Boehner wants taxpayers to "help" pay for cleanup (6/11/2010 1:30:59 AM)
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I really dont see how BP should avoid liability at all - they employ twice as many in the US as they do in the UK, their shareholders are 40% US (25% UK) and from what I've read they have a great deal of their assets in the US too. But as Ive said before, claims on BP will likely be passed on to the rig owners/operators and thence to whomever made whatever part that failed (there is talk here of Halliburton). The problem for the US taxpayer is that by having bailed out insurers, they have already paid and may be called on to pay again. On top of that any regulatory failings, whether there was collusion or not, may well attract liability to the authorities, where again the US taxpayer will pay. And lets not forget that the dividends from BP that the WH is shouting about - 40% goes to US shareholders, being several billions of dollars last year, with a significant tax element deriving from that too. The accountability side isnt good news for anyone, just as this damned leak isnt good news for anyone either or the explosion that killed those workers wasnt good news for their families. Someone, more likely several someones are for the high jump here. E
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