Episode 197 • • 1:38:21 - 1:42:54
197: Salt in the Wound
Deepwater Horizon, Oil Spill Liability Trust Fund
The Deepwater Horizon disaster is analyzed as a financial maneuver to drive up oil prices. BP's leadership is linked directly to Goldman Sachs, and the legal liability for the spill is limited by the Oil Pollution Act of 1990. The "Oil Spill Liability Trust Fund" ensures that taxpayers, rather than the corporations, bear the primary cost of the environmental cleanup and economic damages.