Category Archives: Disasters

Gulf Oil Disaster Deliberate?

Transocean says it will make a $270 million profit on the insurance policy for the rig [profit means over and above the replacement cost!!] This ‘profit’ is roughly the value of the rig itself, sounds like it must have been a very expensive policy. Hmmm. . . Transocean dejavue. . .who were they thirty-one years …

2010, May, 20 – 12:12 PM | By Philosopher Rex | Posted in Commentary, Disasters | Tagged , , , | Comments (0)