Reportedly the setting is ripe for Fiduciary Claims against those responsible for the Deepwater Horizon Oil Rig Blowout of 2010:
Since the April 20 explosion, Transocean's stock has fallen 41 percent, while BP's has dropped 31 percent.
Clifford Krauss and Tom Zeller Jr., "A Behind-the-Scenes Firm is Caught in the Spotlight" p. B1, col. 2 (New York Times Nat'l ed., "Business Day" Section, Tuesday, May 25, 2010). Halliburton is another corporation involved in the Blowout of 2010.
The focus right now should be on fixing the fiasco. Eleven people died in the Blowout. Oil is still pumping into the Gulf of Mexico. Fiduciary fault? Maybe. Fix the fiasco for sure, and do it now. "Fix now, fix here. Fix, baby, fix."
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