LET THIS BE A LESSON.

The Huffington Post is now claiming that BP – whose stock has fallen to a 14-year low – is now worth less than the total value of its assets. The article is completely skimpy on the details of the headline, of course, but it’s possible that “the company might be forced to suspend dividends, end up in bankruptcy and find itself overwhelmed by the cleanup costs, penalties, damage claims and lawsuits generated by the biggest oil spill in U.S. history.”

SO LET THIS BE A LESSON to be written in every textbook, and every case study, presented in the Business Schools of the world: if you adopt a cavalier attitude to the environment, if you narrowly and ruthlessly pursue profit with insouciant disregard for safety, IT COULD END YOU.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s