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Transcripts For KQED Nightly Business Report 20121116

Will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. In addition, two b. P. Supervisors on the deepwater rig have been charged with 23 counts of manslaughter. Another b. P. Executive was charged with lying to congress. B. P. Will also pay a record setting 4 billion in criminal fines and penalties. Thrown in with the criminal charges is a civil settlement with the securities and exchange commission. B. P. Will pay more than half a billion dollars to settle charges it lied to investors, telling them the macondo spill was onetenth its actual size. B. P. Executives made numerous public statements in which t ....

United States , New York , Loyola University , District Of Columbia , Sylvia Hall , John Kanas , Jerika Miller , Tom Hudson , Sergio Marchionne , Susie Gharib , Ben Bernanke , James Schrager , Securities Exchange , Big Story , Even Bigger , Silver Lining , Deep Water , End Oil , Company Type , Companies Business , Way Way , Economic Data , Natural Disaster , First Time , Unemployment Benefits , Lower Energy ,

Transcripts For KQED Nightly Business Report 20121116

Settlement and criminal pleas will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. In addition, two b. P. Supervisors on the deepwater rig have been charged with 23 counts of manslaughter. Another b. P. Executive was charged with lying to congress. B. P. Will also pay a record setting 4 billion in criminal fines and penalties. Thrown in with the criminal charges is a civil settlement with the securities and exchange commission. B. P. Will pay more than half a billion dollars to settle charges it lied to investors, telling them the macondo spill was onetenth its actual size. B. P. Executives made numerou ....

United States , New York , Loyola University , District Of Columbia , Sylvia Hall , John Kanas , Jerika Miller , Tom Hudson , Sergio Marchionne , Susie Gharib , Ben Bernanke , James Schrager , Securities Exchange , Big Story , Even Bigger , Silver Lining , Deep Water , End Oil , Company Type , Companies Business , Way Way , Economic Data , Natural Disaster , First Time , Unemployment Benefits , Lower Energy ,

Transcripts For KQEH Nightly Business Report 20121116

Lying to congress. That was the admission today from b. P. Two and a half years after the deepwater horizon disaster in the gulf of mexico. That disaster killed 11 people and led to the Worst Oil Spill in u. S. History. In its guilty plea, b. P. Said it deeply regrets the loss of life and almost five Million Barrels of oil that into the gulf. Darren gersh reports. Reporter Justice Department officials hope todays settlement and criminal pleas will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of ....

United States , New York , Loyola University , District Of Columbia , Sylvia Hall , John Kanas , Jerika Miller , Tom Hudson , Sergio Marchionne , Susie Gharib , Ben Bernanke , James Schrager , Worst Oil , Worst Oil Spill , Oil Spill , Million Barrels , Million Barrels Oil , Barrels Oil , Justice Department , Justice Department Officials , Department Officials , Securities Exchange , Big Story , Even Bigger , Silver Lining , Deep Water ,

Transcripts For WMPT Nightly Business Report 20121116

That was the admission today from b. P. Two and a half years after the deepwater horizon disaster in the gulf of mexico. That disaster killed 11 people and led to the Worst Oil Spill in u. S. History. In its guilty plea, b. P. Said it deeply regrets the loss of life and almost five Million Barrels of oil that into the gulf. Darren gersh reports. Reporter Justice Department officials hope todays settlement and criminal pleas will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughte ....

United States , New York , Loyola University , District Of Columbia , Sylvia Hall , John Kanas , Jerika Miller , Tom Hudson , Sergio Marchionne , Susie Gharib , Ben Bernanke , James Schrager , Worst Oil , Worst Oil Spill , Oil Spill , Million Barrels , Million Barrels Oil , Barrels Oil , Justice Department , Justice Department Officials , Department Officials , Securities Exchange , Big Story , Even Bigger , Silver Lining , Deep Water ,