Monday, November 03, 2008

Stricter Oversight, Harsher Penalties for Barge Industry Profiteers

In an editorial, the New Orleans Times-Picayune said hearings on the recent Mississippi River oil spill reveals that the spill resulted from "numerous violations [by] and lax oversight” of barge-industry profiteers.

Like the recent meltdown in the financial sector, barge-industry profiteers are rarely punished and enforcement is loose, leaving the public to pay the heavy cost associated with the profiteers’ bad behavior.

The editorial called for more policing and harsher penalties for violators. Editors, New Orleans Times-Picayune 11/02/2008 Read Article: New Orleans Times-Picayune

No comments: