Environment

Transocean Executives Get Safety Bonuses

The audacity:

SAN FRANCISCO — Transocean Ltd. gave its top executives bonuses for achieving the "best year in safety performance in our company's history" – despite the explosion of its oil rig that killed 11 people and spilled 200 million gallons of oil into the Gulf of Mexico.

The company said in a regulatory filing that its most senior managers were given two thirds of their total possible safety bonus.

I have to ask: how bad would a spill have to be in order for these guys to be fired?