It is amazing how some companies never learn.
Yesterday we talked about civil suits being launched against this company, today we have another reconfirmation of the need for this company to get its act together.
Safety problems in Texas, environmental problems in Alaska, now price fixing.
It sounds like John Browne, Chairman of BP, should receive another call from his Chairman, Peter Sutherland, for him to go now, not a year from now!
Onésimo Alvarez-Moro
See article:
BP has been told by federal regulators in the US that it could face civil charges alleging price manipulation in unleaded petrol futures trading on the New York Mercantile Exchange.
The case is the third time this year that the oil giant has come under scrutiny from the Commodity Futures Trading Commission (CFTC), which regulates the futures markets.
See full Article (paid subscription required).
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