Thursday, March 10, 2011
War of wits on BP Exxon
Reading this makes me wonder... On one side BP spins the Deepwater blowout disaster as an industry wide issue - it just happened to them. On the other side, Exxon Mobil spins it as a BP issue and not an industry-wide systemic matter. Time will tell. But odds state I believe there is some truth on both sides. I don't think it was all an industry matter- management oversight was an issue. But that it cannot happen to Exxon, is a stretch of faith that only the foolhardy can take.
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