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When BP, the multinational oil conglomerate, pled guilty to criminal negligence in the Texas oil refinery explosion two years ago that killed 15 workers, along with a stiff $373m fine, it agreed to expose its internal procedures. ABC's Pierre Thomas took a look and found "a pattern of bad corporate behavior." Not only did BP ignore Clean Air Act rules for operating refineries, it also allowed its pipeline in Alaska to corrode "leading to a major oil spill in the pristine wilderness." BP ran a scheme to corner the propane gas market, gouging 7m customers of $53m. Thomas played the audiotape of "tickled pink" executives celebrating.
Andrew Tyndall 10/26/07 11:01:44 pm

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