xxChrisxx
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Ivan Seeking said:This was nothing but simple greed overwhelming common sense. The only lesson to be learned is that industry is irresponsible, dangerous, reckless, and not to be trusted. But what is most disheartening is to see that some people don't get it. It makes me sick to see people constantly making excuses when this was entirely preventable. In Norway, they require that a relief well be drilled in parallel with the primary well. That way, they don't have to wait three months before stopping a leak in a situation like this. Why should we have to pass legislation for BP, or any oil company, to use common sense? There is only one answer: They can't be trusted.
Oh of course, its the same with the banks. You simply cannot trust an industry that is that large to regulate themselves. As greed being in the human nature they will chose max profit over max safety.
EDIT: you mentioned banks in the second paragraph ;)