The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

MARKET TALK: Corporate Accountability? What A Quaint Idea

Thu, 29th Jul 2010 17:24

12:24 (Dow Jones) BP's surprisingly strong 2Q revenue, reported earlier this week, combined with plans to sell $30B in assets has turned several analysts bullish. "It doesn't seem to matter BP was responsible for the worst environmental disaster in American history," former labor secretary Robert Reich says. "Consumers worldwide -- including Americans -- continue to slurp up its oil." He's also outraged no laws have been changed in wake of the BP spill. "If BP emerges from this debacle fatter and happier than anyone imagined a few months ago, whatever happened to the idea of corporate accountability?" Reich ponders. "Does this mean any giant corporation can wreak havoc and then get back to business as usual?" (steven.russolillo@dowjones.com) (http://robertreich.org/post/871953539/the-final-lesson-of-bp) Call us at (212) 416-2184 or email paul.vigna@dowjones.com Visit the Market Talk blog at http://www.djnmarkettalk.com (END) Dow Jones Newswires July 29, 2010 12:24 ET (16:24 GMT)

Related Shares

More News
14 May 2024 21:40

Federal regulators sign off Venture Global's repairs at Louisiana plant

HOUSTON, May 14 (Reuters) - U.S. federal regulators said on Tuesday they are satisfied that Venture Global LNG is trying to correct faults at the he...

14 May 2024 18:47

Federal regulators sign off Venture Global's repairs at Louisiana plant

HOUSTON, May 14 (Reuters) - U.S. federal regulators said on Tuesday that they are satisfied Venture Global LNG is trying to correct faults at its he...

14 May 2024 10:02

(OFFICIAL)-Foreign investment in Germany reaches new record

BERLIN, May 14 (Reuters) - Foreign companies announced record levels of new investment in Germany last year despite the economic downturn and high e...

9 May 2024 15:51

UK dividends calendar - next 7 days

9 May 2024 13:53

IN BRIEF: IP Group joins USD111 million financing round for Hysata

IP Group PLC - invests in companies pursuing breakthrough science - Portfolio company Hysata Pty Ltd completes USD111.3 million series B funding round...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.