DrCashFlow

Champion Author
Massachusetts
Posts:4,780 Points:1,169,630 Joined:Jun 2008
|
Message Posted: Sep 12, 2010 3:02:18 PM
gee, what a surprise.
|
honda0105

Champion Author
Tallahassee
Posts:15,266 Points:1,142,300 Joined:Nov 2008
|
Message Posted: Sep 11, 2010 4:47:57 PM
DonK: you're right, they're in the petroleum business, but considering the overwhelming task at hand, it would have been easy for BP to do exactly that: go out and employ the best available people. Instead, BP tried to cut corners and do it internally. That's why it's such a logistic nightmare.
|
honda0105

Champion Author
Tallahassee
Posts:15,266 Points:1,142,300 Joined:Nov 2008
|
Message Posted: Sep 11, 2010 4:46:32 PM
what a big surprise... NOT!
|
traindude

Champion Author
Virginia Beach
Posts:5,614 Points:1,245,430 Joined:Jun 2007
|
Message Posted: Sep 11, 2010 5:55:41 AM
anyway to skirt a bill
|
HiGramma

Champion Author
Michigan
Posts:1,789 Points:368,580 Joined:Oct 2008
|
Message Posted: Sep 11, 2010 5:10:03 AM
What DonKofAK said.
|
DonKofAK

All-Star Author
Anchorage
Posts:869 Points:591,185 Joined:Jun 2009
|
Message Posted: Sep 11, 2010 2:01:28 AM
BP's not in the claims business. If you want an efficient and effective claims processing system, get help from an insurance company -- or maybe Mr. Feinberg -- they've already invented the wheel and figured out how to receive, review, process and resolve claims.
If you think it's easy, you probably have no relevant experience. If I wanted to process lots of small financial transactions, I'd engage a bank operations expert. There are many fields where relevant expertise is necessary.
How could one possibly expect people in the petroleum/energy business to set up a massive claims operation in less than 90 days and make everybody happy?
No, I'm not their apologist, just a fellow who has seen trained, experienced, skilled professionals mishandle situations because they were totally out of their realm of experience; I watched a bank in a crashing market back in '87. In our market, things got much worse than what I've seen reported in the media recently (i.e. 65% depreciation where people had borrowed 80% or more of apparent value just a few years earlier). They gave me rank and a title: "Capt. Don K., 505th Body Recovery & Burial Division". Seemed similar to working on the night shift at Auschwitz; be productive or...
I'm sure there are more good people working for BP than there are buffoons with unwarranted opinions who demonstrate the quality of thinking by posting arrogant, pithy, sarcastic, and unsupported assertions.
“Often it does seem a pity that Noah and his party did not miss the boat.” - Mark Twain
[Edited by: DonKofAK at 9/11/2010 2:07:49 AM EST]
|
comprof

Champion Author
Houston
Posts:4,378 Points:896,175 Joined:Jul 2009
|
Message Posted: Sep 11, 2010 1:17:32 AM
Difficult to distinguish between valid and invalid claims. Took me 7 months after Hurricane Ike to get an insurance claim on a damaged roof. how
|
DosEquis26

Champion Author
Chicago
Posts:3,765 Points:1,543,485 Joined:Jun 2006
|
Message Posted: Sep 11, 2010 12:39:22 AM
everyone who cut corners or took needless risk needs to be prosecuted.
|
CobraLeader

Champion Author
New Jersey
Posts:267,902 Points:1,200,750 Joined:Apr 2007
|
Message Posted: Sep 11, 2010 12:38:31 AM
... Did you expect any differently? ...
|
uptherefiners

Champion Author
Chicago
Posts:3,318 Points:683,120 Joined:Jun 2006
|
Message Posted: Sep 11, 2010 12:30:06 AM
no comment
|
Buck_on_Bass

Champion Author
Tennessee
Posts:5,180 Points:1,040,290 Joined:Jul 2007
|
Message Posted: Sep 11, 2010 12:27:04 AM
It seems the new processing of claims is not any better than BP's processing of claims.
|
Scotty99QC

Veteran Author
Montreal
Posts:275 Points:74,950 Joined:Jul 2010
|
Message Posted: Sep 11, 2010 12:26:58 AM
I think there are crooks everywhere.
|
pgerassi

Champion Author
Milwaukee
Posts:8,521 Points:1,666,975 Joined:Apr 2007
|
Message Posted: Sep 11, 2010 12:26:34 AM
Fraud is an excuse to stop paying.
|
DJRIO

Champion Author
Miami
Posts:5,478 Points:960,340 Joined:Jan 2008
|
Message Posted: Sep 11, 2010 12:24:22 AM
yes there is always someone trying to commit fraud
|
zimowski

Champion Author
San Jose
Posts:4,320 Points:1,119,760 Joined:Nov 2007
|
Message Posted: Sep 11, 2010 12:14:51 AM
there will be many fraudulent claims
|
TBONE3

Champion Author
Pennsylvania
Posts:6,393 Points:1,511,720 Joined:Mar 2005
|
Message Posted: Sep 11, 2010 12:13:14 AM
You can always make a report say what you want as long as you shade it realistically. So there should be no surprise for anyone.
|
Blue_Cruzer

Champion Author
Lexington
Posts:5,157 Points:1,203,700 Joined:Mar 2007
|
Message Posted: Sep 11, 2010 12:11:15 AM
According to the report, some of the claims don't have any documentation to back up there claims. Sounds like there are going to be a lot of bogus claims.
|
tedjm1

Champion Author
New York
Posts:3,545 Points:390,660 Joined:Dec 2006
|
Message Posted: Sep 11, 2010 12:10:35 AM
Somebody, in authority, was leaching the system for themselves.
|
TheSicilian

Champion Author
Jacksonville
Posts:3,026 Points:1,003,300 Joined:Feb 2009
|
Message Posted: Sep 11, 2010 12:07:24 AM
we know the feds will get it all straight
|
Bigwaynef

Champion Author
South Carolina
Posts:7,665 Points:1,614,935 Joined:Dec 2006
|
Message Posted: Sep 11, 2010 12:06:59 AM
Shrimp at Red Lobster, sorry but I think i'll pass on any seafood and it don't matter which restaurant...
|
1cheapgasin

Champion Author
Indianapolis
Posts:3,145 Points:744,590 Joined:Jul 2009
|
Message Posted: Sep 11, 2010 12:06:28 AM
I smell a rat!!!!!
|
miamimusic

Champion Author
Miami
Posts:1,848 Points:880,410 Joined:Oct 2008
|
Message Posted: Sep 11, 2010 12:06:27 AM
Typical
|
JettaKnight

Champion Author
Toronto
Posts:1,355 Points:1,713,410 Joined:Nov 2005
|
Message Posted: Sep 10, 2010 11:56:59 PM
Lukus Halifax "BP is just a shister company that only wanted profits."
ALL companies want profits, that's why they're in business. That said, BP pushed well beyond the moral & ethical limits and wanted profits at ANY COST... that's the difference.
|
NHLiveFree

Champion Author
New Hampshire
Posts:7,217 Points:1,171,310 Joined:Jun 2008
|
Message Posted: Sep 10, 2010 11:48:47 PM
A tangled web woven by BP, TransOcean, and Cheney's favorite firm, Halliburton.
|
DEG

Champion Author
Las Vegas
Posts:15,402 Points:3,055,455 Joined:Jul 2003
|
Message Posted: Sep 10, 2010 11:45:51 PM
Probably better records than if the government was handling the claims.
|
panama303

All-Star Author
Denver
Posts:790 Points:267,120 Joined:Jan 2005
|
Message Posted: Sep 10, 2010 11:44:21 PM
Why would anyone be surprised?
|
ex911

Champion Author
San Jose
Posts:6,844 Points:1,339,770 Joined:Apr 2005
|
Message Posted: Sep 10, 2010 11:37:34 PM
I'm not surprised
|
Buddy2264

Champion Author
Tampa
Posts:9,263 Points:1,894,515 Joined:Oct 2005
|
Message Posted: Sep 10, 2010 11:29:08 PM
Why are we always surprised by things like this. And they will find anyone that can will be filling a claim. I am in hopes that those that truly needed the help get it. Conservation keeps your money in your pocket.
[Edited by: Buddy2264 at 9/10/2010 11:29:35 PM EST]
|
oldiesman

Champion Author
New York
Posts:4,216 Points:1,763,875 Joined:May 2006
|
Message Posted: Sep 10, 2010 11:27:43 PM
All I know is they have polluted the gulf stream and nothing has been done as yet.
|
REVLAW

Champion Author
San Antonio
Posts:8,027 Points:1,540,265 Joined:Jul 2007
|
Message Posted: Sep 10, 2010 11:26:34 PM
This is a surprise? The HO "touched it", it has to be screwed up.
|
Bus561

Champion Author
Lexington
Posts:14,076 Points:2,753,105 Joined:May 2004
|
Message Posted: Sep 10, 2010 11:21:20 PM
That isn't all that is lacking about BP.
|
skybiker

Champion Author
South Carolina
Posts:5,486 Points:1,133,215 Joined:Jul 2008
|
Message Posted: Sep 10, 2010 11:17:41 PM
Murphy's Law.........
|
judgemobile

Champion Author
Ohio
Posts:5,255 Points:1,985,195 Joined:Nov 2005
|
Message Posted: Sep 10, 2010 11:17:27 PM
my claim is as follows: cost of SHRIMP went up at Red lobster
when do I get MY CHECK ???
|
Lukus

Champion Author
Halifax
Posts:6,026 Points:1,217,360 Joined:Nov 2007
|
Message Posted: Sep 10, 2010 11:15:27 PM
BP is just a shister company that only wanted profits.
|
BrucePen

Champion Author
Ontario
Posts:4,670 Points:976,555 Joined:Sep 2008
|
Message Posted: Sep 10, 2010 11:08:21 PM
BP never intended to pay out much at all. A few token payouts then close the taps with red tape.
|
grouch311

Champion Author
Illinois
Posts:6,021 Points:1,155,340 Joined:Jun 2007
|
Message Posted: Sep 10, 2010 11:05:23 PM
he thinks it's bad now, just wait
|
altima2008

Champion Author
Philadelphia
Posts:5,798 Points:1,273,380 Joined:Apr 2008
|
Message Posted: Sep 10, 2010 11:01:55 PM
Gee did anybody really think that BP was going to step up and fully accept responsibility for their mess? If yes then you are very nieve!
|
traindude

Champion Author
Virginia Beach
Posts:5,614 Points:1,245,430 Joined:Jun 2007
|
Message Posted: Sep 10, 2010 10:56:38 PM
way to step up to their responsibility
|
princessfifi

Rookie Author
Detroit
Posts:58 Points:43,935 Joined:Sep 2005
|
Message Posted: Sep 10, 2010 10:54:55 PM
gee...i wonder if they have enought money to pay all the claims????
|
Dennisjk

Champion Author
Detroit
Posts:4,572 Points:1,494,245 Joined:Apr 2006
|
Message Posted: Sep 10, 2010 10:47:47 PM
Not as easy as they thought it was going to be?
|
915Chief

Champion Author
San Diego
Posts:6,066 Points:1,204,220 Joined:Aug 2008
|
Message Posted: Sep 10, 2010 10:42:52 PM
Imagine that....
|
OGW

Champion Author
London
Posts:3,347 Points:1,114,030 Joined:Sep 2005
|
Message Posted: Sep 10, 2010 10:38:49 PM
The little guy will again suffer while the fraudsters with false claims will steal funds they don't deserve and the government appointee will be bogged down with paper work that can't be verified and claims that have gone astray.
|
WIPACKERFAN

Champion Author
Chicago
Posts:6,485 Points:1,384,810 Joined:Aug 2005
|
Message Posted: Sep 10, 2010 10:35:22 PM
Some people want something for nothing. Situations like this may make it bad for the people who really need this money because the greedy move in and get money they really don't deserve.
|
idigau22

Champion Author
Washington
Posts:20,218 Points:2,805,175 Joined:Apr 2003
|
Message Posted: Sep 10, 2010 10:34:53 PM
We all know many people will get the shaft from BP! Some already have!
[Edited by: idigau22 at 9/10/2010 10:36:55 PM EST]
|
hauler43

Champion Author
Oakland
Posts:7,142 Points:2,355,100 Joined:Sep 2003
|
Message Posted: Sep 10, 2010 10:31:48 PM
The need too validate all claims is very great
|
MidNJ

Champion Author
New Jersey
Posts:4,628 Points:739,595 Joined:Sep 2009
|
Message Posted: Sep 10, 2010 10:28:36 PM
Many in the Gulf who experienced economic loss have a decision to make. Do they take a guaranteed immediate pay out now that may be much less than the actual loss, or do they sue, hope for a larger sum - with the knowledge they may never get anything, or wait many years to decades before seeing a dime.
|
4warned

Champion Author
Michigan
Posts:5,512 Points:1,740,115 Joined:Nov 2006
|
Message Posted: Sep 10, 2010 10:14:09 PM
Always seems like a few spoil things for the whole. A few greed people making false claims spoils it for the people the really need the financial help and gives BP an excuse to drag there feet.
|
Sportdeck

Champion Author
Atlanta
Posts:10,802 Points:2,061,365 Joined:Sep 2003
|
Message Posted: Sep 10, 2010 10:13:54 PM
Say it isn't so!
|
Doc7696

All-Star Author
Montana
Posts:799 Points:267,810 Joined:Oct 2009
|
Message Posted: Sep 10, 2010 10:07:10 PM
Ohh no, not BP..
|
Cheney

Champion Author
Toronto
Posts:1,558 Points:2,147,000 Joined:May 2004
|
Message Posted: Sep 10, 2010 9:56:51 PM
shouldn't be a surprise? Well it is to me. I would have expected very close government oversight from the outset. But y'all don't trust government, eh? And oversight and regulation and accountability are socialist stripes, right?
|