Tuesday, March 29, 2011
A feel good headline
But if the prosecutors are from Holder's Dept of Justice there is no way in hell they will ever get to a prosecution.
Shares in oil major BP (BP.L) fell 2.0 percent on Tuesday after a media report that the company's managers may face manslaughter charges following the Gulf of Mexico oil spill and an analyst downgrade.Somebody knows how to put up a good tease.
U.S. prosecutors are considering whether to pursue manslaughter charges against BP managers for decisions made before the explosion on the rig that killed 11 workers and caused the biggest offshore spill in U.S. history, a report from Bloomberg said, citing people familiar with the matter.
BP has admitted mistakes in the run-up to the rig blast but has denied accusations that it was "grossly negligent", a charge that could add tens of billions to the final bill it pays for the disaster.
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