That Transocean, the operator of the Deepwater Horizon well that is now lubricating the Gulf Coast, created the catastrophe in the Gulf.
Apparently, the company is internationally known for, well, being evil.
From today's New York Times:
"Human rights advocates have called for an investigation into Transocean's recent dealings in Myanmar. They cite its involvement in a drilling project that apparently included a company that is suspected of having ties to two men accused of laundering money for Myanmar's repressive government, which is under United States trade sanctions.
"Transocean has disclosed in Securities and Exchange Commission filings that its drilling equipment was shipped by a forwarder through Iran and that until last year it held a stake in a company that did business in Syria. The State Department says Syria and Iran sponsor terrorism.
"In Norway, Transocean is the subject of a criminal investigation into possible tax fraud. The company has said in S.E.C. filings that Norwegian officials could assess it about $840 million in taxes and penalties. The filings also said that a final ruling against Transocean could have a 'material impact' on the company, which has suffered a drop in its stock price of more than 40 percent since the Gulf of Mexico incident.
"And in the United States, a federal bankruptcy judge recently found that one of Transocean's merger partners had repeatedly abused the legal system to try to avoid potential liability in a pollution case in Louisiana. Transocean is also the target of tax inquiries in the United States and Brazil."
Money laundering, tax fraud, dealing with countries that sponsor terrorism.
Sounds like the mob to me.
Read the whole story here.