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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