Oil Well Is Almost Dead, but Legal Wrangling Just Beginning for BP
In the coming years, BP will face a complex stew of litigation, fines and penalties stemming from the Gulf oil spill.
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BP Starts ‘Static Kill’: Beginning of the End for Gulf Oil Well?
Senate Majority Leader Harry Reid hit a stumbling block in an effort to pass a bill that would have lifted an oil spill liability cap. Judy Woodruff speaks with Washington Post reporter Joel Achenbach about the latest on efforts to…
Oil Spill Liability a Complicated Legal Web
As oil continues to leak into the Gulf of Mexico after the Deepwater Horizon oil rig exploded and sank, the amount of legal damages that BP and other companies might owe is an evolving issue before Congress.
Is California Printing Its Own Money?
Question: Is California printing its own money? Paul Solman: Funny you should ask. The State of California Franchise Tax Board website currently features this statement: “We will accept registered warrants…towards the payment of tax liabilities.” State taxes, of…
Question: My high school daughter asked me a question I can’t answer. Can the Dow fall to zero or into negative numbers? Paul Solman: Ah, at last. A question I can definitively answer: ABSOLUTELY…
Author William Cohen discusses his book "House of Cards," which tells the story of how investment banking giant Bear Stearns collapsed in 2008.
