BP Oil Spill Evidence of Massive Cover Up

April 23, 2013 1:30am by

BP clean up worker Malcolm Coco told Al Jazeera that there has been a massive coverup of the size of the BP oil spill:

This fire initially was the biggest fire ever in the world. But every day we exceeded those numbers ….

[Clean-up worker Malcolm Coco] says he has evidence there was more oil spilled than has ever been publicly admitted.

“In all categories it was a massive coverup the way they presented it on the ship.”

As we’ve previously noted, BP went to great lengths to cover up the scope of the disaster … including low-balling spill estimates.

BP temporarily hid the amount of oil in the Gulf … so that BP could pay lower fines (which are calculated based on the amount of oil spilled) and pretend – for p.r. purposes – that the spill wasn’t very bad.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/

twitter

facebook