You can safely assume BP's lawyers are already at work to ensure that the firm pays not a cent more than $75 million -- not to taxpayers bearing cleanup costs, not to consumers whose gas bills will rise, not to businesses along the coasts that will lose a fortune. And BP won't pay more unless or until there's a law requiring it to.
BP has been making public statements about its supposed corporate social responsibility for as many years as it's behaved irresponsibly. It's the poster child for PR masquerading as CSR.
link: Robert Reich: BP Stands for Bad Petroleum
...I really think we ought to quit calling what's going on in the gulf a "leak" or a "spill." A leak is - well, you know, that little water that drips out around the edge of the spigot where the harden hose is attached? That's a leak. And a spill is something you mop up with a paper towel.
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