Saturday, April 2, 2011

Corporate Scumbag for April: Transocean gives safety bonuses despite Gulf spill deaths

Image: Deepwater Horizon oil rig burns

I’m establishing the first “As It Stands Corporate Scumbag of the Year Award” and Transocean Ltd. is the first entry.

Company filing calls safety record 'exemplary' for meeting internal goals…

“Transocean Ltd. gave its top executives bonuses for achieving the "best year in safety performance in our company's history" — despite the explosion of its oil rig that killed 11 people, including nine of its own employees, and spilled 200 million gallons of oil into the Gulf of Mexico.”

Story here.

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