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.

Dynergy - waiting for a better deal?

All the saga that has been going on with Dynegy (with Blackstone and Icahn) leaves me with one curious point.  The deal did not go through with Blackstone is because Dynegy thought they can get a better deal.  Alas, it is yet to come through.  Wonder -  if companies cannot get this correct, what about individuals.  FT has an update