Thursday, May 27, 2010

Oil Rigs and Reality - Opinionator Blog - NYTimes.com

Oil Rigs and Reality - Opinionator Blog - NYTimes.com: "I know you aren’t a big fan of “more government oversight” in general, but it does seem as if there should have been, um, more government oversight. The regulators at good old M.M.S. were cozy with the oil drilling industry they were supposed to oversee. Just like the Wall Street firms and their bond rating agencies. The current Secretary of the Interior, Ken Salazar, says he started trying to clean house as soon as he took office. And industry watchdogs do say things had gotten better. But apparently not fast enough."


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