what do I win

[ekg]

for posting The Most Bizarro story of 2011..?

(CNN) -- Declaring 2010 "the best year in safety performance in our company's history," Transocean Ltd., owner of the Gulf of Mexico oil rig that exploded, killing 11 workers, has awarded its top executives hefty bonuses and raises, according to a recent filing with the U.S. Securities and Exchange Commission.

That includes a $200,000 salary increase for Transocean president and chief executive officer Steven L. Newman, whose base salary will increase from $900,000 to $1.1 million, according to the SEC report. Newman's bonus was $374,062, the report states.

Newman also has a $5.4 million long-term compensation package the company awarded him upon his appointment as CEO in March 2010, according to the SEC filing.

The latest cash awards are based in part on the company's "performance under safety," the Transocean filing states.

"Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record as measured by our total recordable incident rate and total potential severity rate," the SEC statement reads. "As measured by these standards, we recorded the best year in safety performance in our Company's history."

http://www.cnn.com/2011/BUSINESS/04/03/gulf.spill.bonuses/index.html?hpt=T2

no, really.... what exactly would constitute a 'bad' safety year?

[Howey]

a. You have no idea how fortunate you are for posting that here.

b. Speaking of winning: Wanna Be a Winner?

[Howey]

for posting The Most Bizarro story of 2011..?



no, really.... what exactly would constitute a 'bad' safety year?

Can someone explain to me why these idiots get subsidies from the goverment?

[uselesslegs]

Hey at 80,300 employees, what's 11 deaths in the grand scheme of things?  I mean statistically speaking......annnnddd that's where they fuck up...statistically.

When everything becomes a numbers game, then everything becomes a number.  The end of the day is measured against the bottom line, if the bottom line is positive...then while a momentary bump is noted and reviewed, it does not carry weight against the goal sought or hoped for.

Imagine if an ice cream company took that stance, "Hey, we sold to over 3.1 million people this year and ONLY 9 ecoli related deaths and 132 related illnesses occurred. What an outstanding year!"  If that tone, hit the press, that company would probably lose it's ass the following fiscal year. But that ice cream company is smart enough to know the deaths and illnesses already affected their business and there's know way in hell they'd promote those deaths and illnesses as a positive in contrast, because it would affect their sales.

BP is in the unique position of knowing their take on statistical safety record's CAN piss off a buying public...but hey, guess what?...It doesn't matter.  You'll use their oil, or a subsidiaries, because you have to.  There's is no realistic alternative to their product that the average person can switch to or just stop using altogether, to affect the companies business...that doesn't cost more than the average American can afford.  If you stopped driving in protest, the cab you took still profits them.  If you stopped using the cab and used the Bus...it still profits them.  You could ride your bike, which works great in protest, except in bad weather or if your place of employment is very far away.  Somewhere along the way, you'll use their product whether in gas or plastics.  You think you can avoid them, but you can't.

Just think about that.  It's so pervasive, it's literally like walking through a mine field, just to show your protest.  With the ice cream company if they were ALL like that, you'd just stop buying their product.  You do not need ice cream to function.  If you sat down and tried to plot out every single thing and product you need to avoid to boycott BP...you'd have to just move to a cabin, you made, kill your own food and never use any modern medicine again, if sick...because they're in the medical industry as well.

You can try like hell, but they'll get your nickle eventually, good luck.

[ekg]

a. You have no idea how fortunate you are for posting that here.

why

b. Speaking of winning: Wanna Be a Winner?

I love Sugar..

[ekg]

Hey at 80,300 employees, what's 11 deaths in the grand scheme of things?  I mean statistically speaking......annnnddd that's where they fuck up...statistically.

When everything becomes a numbers game, then everything becomes a number.  The end of the day is measured against the bottom line, if the bottom line is positive...then while a momentary bump is noted and reviewed, it does not carry weight against the goal sought or hoped for.

Imagine if an ice cream company took that stance, "Hey, we sold to over 3.1 million people this year and ONLY 9 ecoli related deaths and 132 related illnesses occurred. What an outstanding year!"  If that tone, hit the press, that company would probably lose it's ass the following fiscal year. But that ice cream company is smart enough to know the deaths and illnesses already affected their business and there's know way in hell they'd promote those deaths and illnesses as a positive in contrast, because it would affect their sales.

BP is in the unique position of knowing their take on statistical safety record's CAN piss off a buying public...but hey, guess what?...It doesn't matter.  You'll use their oil, or a subsidiaries, because you have to.  There's is no realistic alternative to their product that the average person can switch to or just stop using altogether, to affect the companies business...that doesn't cost more than the average American can afford.  If you stopped driving in protest, the cab you took still profits them.  If you stopped using the cab and used the Bus...it still profits them.  You could ride your bike, which works great in protest, except in bad weather or if your place of employment is very far away.  Somewhere along the way, you'll use their product whether in gas or plastics.  You think you can avoid them, but you can't.

Just think about that.  It's so pervasive, it's literally like walking through a mine field, just to show your protest.  With the ice cream company if they were ALL like that, you'd just stop buying their product.  You do not need ice cream to function.  If you sat down and tried to plot out every single thing and product you need to avoid to boycott BP...you'd have to just move to a cabin, you made, kill your own food and never use any modern medicine again, if sick...because they're in the medical industry as well.

You can try like hell, but they'll get your nickle eventually, good luck.

well don't you just paint a happy fucking picture..



 

[Howey]

why

I love Sugar..

I do too! Bert's already got one of her pictures. I do too...and everytime Johnny walks by it he shakes his head in shame. 

What channel is In Rehab, or whatever it's called on?

I don't know if she's on it because of her love for booze or for publicity. I think the latter.

[lil mike]

Hey at 80,300 employees, what's 11 deaths in the grand scheme of things?  I mean statistically speaking......annnnddd that's where they fuck up...statistically.

When everything becomes a numbers game, then everything becomes a number.  The end of the day is measured against the bottom line, if the bottom line is positive...then while a momentary bump is noted and reviewed, it does not carry weight against the goal sought or hoped for.

Imagine if an ice cream company took that stance, "Hey, we sold to over 3.1 million people this year and ONLY 9 ecoli related deaths and 132 related illnesses occurred. What an outstanding year!"  If that tone, hit the press, that company would probably lose it's ass the following fiscal year. But that ice cream company is smart enough to know the deaths and illnesses already affected their business and there's know way in hell they'd promote those deaths and illnesses as a positive in contrast, because it would affect their sales.

BP is in the unique position of knowing their take on statistical safety record's CAN piss off a buying public...but hey, guess what?...It doesn't matter.  You'll use their oil, or a subsidiaries, because you have to.  There's is no realistic alternative to their product that the average person can switch to or just stop using altogether, to affect the companies business...that doesn't cost more than the average American can afford.  If you stopped driving in protest, the cab you took still profits them.  If you stopped using the cab and used the Bus...it still profits them.  You could ride your bike, which works great in protest, except in bad weather or if your place of employment is very far away.  Somewhere along the way, you'll use their product whether in gas or plastics.  You think you can avoid them, but you can't.

Just think about that.  It's so pervasive, it's literally like walking through a mine field, just to show your protest.  With the ice cream company if they were ALL like that, you'd just stop buying their product.  You do not need ice cream to function.  If you sat down and tried to plot out every single thing and product you need to avoid to boycott BP...you'd have to just move to a cabin, you made, kill your own food and never use any modern medicine again, if sick...because they're in the medical industry as well.

You can try like hell, but they'll get your nickle eventually, good luck.

Well yeah.

Would you refuse a vaccination because statistically it resulted in an adverse reaction and death to a small subset of people?

Do you refuse to ride in a car because statistically 50,000 a year die in auto accidents? 

Honestly, nothing is perfect.  Even ice cream.

http://www.independent.co.uk/arts-entertainment/welcome-to-the-national-ice-cream-death-museum-1169447.html

[uselesslegs]

Well yeah.

Would you refuse a vaccination because statistically it resulted in an adverse reaction and death to a small subset of people?

Do you refuse to ride in a car because statistically 50,000 a year die in auto accidents? 

Honestly, nothing is perfect.  Even ice cream.

http://www.independent.co.uk/arts-entertainment/welcome-to-the-national-ice-cream-death-museum-1169447.html

I actually hate riding in cars, vans, blah blah.  I avoid them at all costs, if I can.  Our current infrastructure doesn't really cater to alternative transportation on any real level.  BUT, in those areas, you do have some choice...even if it's outlandish and outside of normal parameters.  But limited, very very limited.

I know nothing is perfect.  There's death's by toothpicks as well, oh God!  I just question the logic behind a pat on the back, in light of recent events.  You'd think that perhaps they'd kinda down play it just a tad, especially coming fresh off the heels of fucking up a mainstay industry in Louisiana and never REALLY coming off regretful in the 11 deaths.

[lil mike]

I actually hate riding in cars, vans, blah blah.  I avoid them at all costs, if I can.  Our current infrastructure doesn't really cater to alternative transportation on any real level.  BUT, in those areas, you do have some choice...even if it's outlandish and outside of normal parameters.  But limited, very very limited.

I know nothing is perfect.  There's death's by toothpicks as well, oh God!  I just question the logic behind a pat on the back, in light of recent events.  You'd think that perhaps they'd kinda down play it just a tad, especially coming fresh off the heels of fucking up a mainstay industry in Louisiana and never REALLY coming off regretful in the 11 deaths.

I doubt they can from a legal standpoint.  The legal battle between BP and Transocean over liablility from the accident will probably go on for years, so don't expect any "I'm sorries" coming when that could be used against them.

[uselesslegs]

I doubt they can from a legal standpoint.  The legal battle between BP and Transocean over liablility from the accident will probably go on for years, so don't expect any "I'm sorries" coming when that could be used against them.

Oh nooooo doubt at all.  "Keep your yap shut...even if there's a video of you, with a shirt bearing your first and last name and neon blinking hat displaying the same thing in plain and perfect focus of the vid...Keep your yap shut."

Responsibility...what a kicka.

[ekg]

*update*

Gulf oil rig owner apologizes for calling 2010 'best year' ever

CNN) -- The owner of the Gulf of Mexico oil rig that exploded last year, killing 11 workers and leading to what has been called the worst oil spill ever, said Monday that calling 2010 its "best year" in safety "may have been insensitive."

Transocean Ltd., in a recent filing with the U.S. Securities and Exchange Commission, said hefty bonuses and raises to top executives were based in part on the company's "performance under safety" last year.

"We acknowledge that some of the wording in our 2010 proxy statement may have been insensitive in light of the incident that claimed the lives of eleven exceptional men last year and we deeply regret any pain that it may have caused," Transocean said in a statement to CNN. "Nothing in the proxy was intended to minimize this tragedy or diminish the impact it has had on those who lost loved ones. Everyone at Transocean continues to mourn the loss of these friends and colleagues."

"may have been insensitive."?

ya think?

actually, insensitive was waaaaayyyyy down on the list of what it may have been IMO

[Howey]

I'm sure Haley Barbour and Joe Barton felt they deserved those big bonuses.