Posted by: Mike P. | July 7, 2010

Corporate Greed Transforms to Utter Stupidity?


Could it be that as a corporation becomes bigger and bigger, and the greed which is bred as a result of deregulation also creates sheer stupidity?  Once a corporation achieves this level, should it simply be killed since it is now a danger to us all?  By way of evidence, I offer the following gem which was posted on the great mailing list “comp.risks” by Robert Charette.

According to BP PLC’s 582-page 2009 spill response plan for the Gulf of
Mexico, walruses along with sea otters, sea lions, and seals are among the
“sensitive biological resources” that could be harmed by an oil discharge
from its operations in the Gulf. The only problem is that walruses, sea
otters, sea lions, and seals don’t happen to live in the Gulf of Mexico, and
haven’t for a considerable period of time — like millions of years.

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