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Posted: 30 Dec 2012 10:30 PM PST
By Jen Alic of Oilprice.com, a geopolitical analyst, co-founder of ISA Intel in Sarajevo, and the former editor-in-chief of ISN Security Watch in Zurich. Cross posted from OilPrice.* * *
Lambert here: Simple answers to simple questions:
No.
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The ban on BP (NYSE:BP) is only the tip of the iceberg. In the wake of oil spills, deaths, murky war contracts, sharing of government secrets and other lapses in ethics, Obama’s 2012 house-cleaning project will continue into the New Year.
Cleaning up the messes of the past decade of contractual chaos in the US is a formidable task, and so far the Obama administration has slapped bans on more than 3,800 contractors in 2012—though the punishments aren’t exactly tough. http://www.nakedcapitalism.com/2012/12/cleaning-house-will-obama-go-after-the-big-boys.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
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