BP’s Cost Chiselers Back in Action
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Late last week, as the presidential oil spill commission’s co-chair and staff <a href="http://online.wsj.com/article/BT-CO-20101202-712365.html">blamed BP’s cost-cutting</a> and “failure of management” for the devastating spill in the Gulf of Mexico, BP managers claimed that the government estimate of the amount of the spill by should be cut 20% to 50%, which would save the company billions in fines.</p>
