Greed is Good?

Last month, BP reported its first quarter profits had more than doubled from the same period in 2009, to $5.6 billion, mainly on higher oil prices. But investors were cautious because of the uncertainties of the financial effects of the spill and efforts in Congress to raise BP's liability.

Coon, who amassed millions of documents and hundreds of depositions in the earlier litigation and plans to make many of them public, said the company hated to spent money on aging facilities.

"They push all their people to maximize the profitability of their sector," Coon said in an interview Thursday. "By all evidence I've seen, every operation they've ever engaged in, they take capital out of infrastructural repairs to put it into profits and into expansion."

Now that the attempts to contain the oil volcano with a dome have failed, BP plans to clog the geyser with trash. Garbage in, garbage out. Couldn't have been more poetic if they planned it.