Page 6 - Rig Workers News Today

Million fund and this is for unemployed rig workers. president obama says that this is a start to help these families and these business owners in the gulf who are struggling. >> it should provide some assurance to some of the small business owners and individuals down in the gulf who i was visiting with that bp is going to meet its responsibilities. bps liabilities for this spill are significant and they acknowledge that fact. we will continue to hold bp and all other responsible parties accoun...

>> the current pay czar for the big bank bail-out, kenne kennethfeinberg will oversee the claim. a three-member panel will review the awards. b.p. agreed under the white house pressure to set aside $100 million for unemployed rig workers idled by the six-month deepwater moratorium and the white house released this photo of obama with the b.p. chairman of board who announced the oil giant would cancel stockholder dividends for 2010 and address the perception of greed and indifference. >> i hear t...

Documents. they appear to show that bp repeatedly took shortcuts that endangered lives and increased the risk of a catastrophic blowout. and i isnt you a letter in advance, indicating that we will question you about those issues but what is equally important is what is missing from the documents. when you bill the ceo of bp, you promised to focus like a laser on safe and reliable operations. we wanted to know what you had done to keep this promise. so we asked what e-mails you had received, what...

This catastrophe. b.p. will be suing the people that its associated with. the people that b.p. is associated with will be suing them, the federal government will be suing. the states will be suing. you may have some of the local counties suing. you may have some rogue indictment coming out of one of the gulf states against b.p. officials. theyre on the hook for maybe $15 billion in fines above and beyond the $20 billion were talking about for claims. >> $100 million just for the rigs, for the ri...

Rig workers and cause an environmental disaster. we wanted to know whether you were briefed about the risks and were monitoring the safety of the drilling operation. we could find no evidence that you paid any attention to the tremendous risks bp was taking. weve reviewed 30,000 pages of documents from bp, including your e-mails. theres not a single e-mail or document that shows you paid even the slightest attention to the dangers at this well. you are the ceo, so we consider the possibility tha...

Communicator. and of course, that was bp. >> to be fair, of course, all of the english-speaking people from bp did not do such a cracker jack job, as it was. but i must ask you this, regarding this entire -- the good news about the $20 billion package, the additional $100 million package about the rig workers essentially paying for a presidential decision there. why did, in your opinion, the president speak last night and then reach this agreement today, rather than the other way around, when he...

>> the current pay czar for the big bank bail-out, kenne kennethfeinberg will oversee the claim. a three-member panel will review the awards. b.p. agreed under the white house pressure to set aside $100 million for unemployed rig workers idled by the six-month deepwater moratorium and the white house released this photo of obama with the b.p. chairman of board who announced the oil giant would cancel stockholder dividends for 2010 and address the perception of greed and indifference. >> i hear t...

>> larry: what are your thoughts about the moratorium? >> we cant last six months. i have tried to explain to the president and to his advisers, i have the greatest respect for secretary salazar. we have 33 rigs that can float anywhere in the world. they can basically be moved anywhere in the world. if we dont figure out how to keep them operating safely, way before six months they will simply leave the gulf and go to africa, china or elsewhere. they cant afford $500,000 a day to be in neutral o...

From this $20 billion. he wanted to remind people, however, that this is not a cap. this does not mean that all bp is going to be responsible for is this $20 billion. this is essentially a start in what they agreed to in this meeting with several bp execs at the white house today. another $100 million, he just told us, theyve agreed to put into a fund that will go to unemployed rig workers. rig workers out of a job because of this ole mess. let me bring in gloria borger, still standing by here w...

Battles, the last 57 days. and we need to win this war. and a call for gulf coast restoration as james has been saying is a step in the right direction. >> larry: what are your thoughts about the moratorium? >> we cant last six months. i have tried to explain to the president and to his advisers, i have the greatest respect for secretary salazar. we have 33 rigs that can float anywhere in the world. they can basically be moved anywhere in the world. if we dont figure out how to keep them operati...