What Goes On ( and on)

The BP settlement reminds me of one of my favorite found lines:

The companies admitted no wrongdoing.

It doesn’t appear to be part of this deal:

BP Plc will pay a $4 billion penalty and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country’s history, the company said on Thursday.

The company will also pay $525 million to settle securities claims with U.S. regulators. In aggregate BP said it will pay $4.5 billion over six years for the various resolutions.

BP’s penalties for the April, 2010, explosion on the Deepwater Horizon rig in the Gulf of Mexico in which 11 workers died, and subsequent leak from the Macondo oil well, will far exceed the previous record for largest criminal penalty in U.S. history.

As Atrios said, it’s the largest criminal penalty in the history of the U.S., but it’s not the death penalty.