Detailed text transcripts for TV channel - MSNBC - 20100617:03:22:00
Companies had invested in was a xerox machine. and the amount of thought which they put into preparing a response plan was exactly equal to how much mms the federal agency had required them to put in, which was exactly zero. so each one of them figured out that they could pretend that they could drill in ultra deep waters, but they didn't have to have an ultra safe technology or an ultra fast response in the event that something went wrong. and so this is just, unfortunately, the problem that exists because of the cozy cooperation between mms and this incredibly successful oil industry. >> and...