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We know that BP had a legal duty to protect the environment (because of the type of business they are in) - why then did BP not wait to go to trial but rather provided a settlement?

I think it is important to recognize all stakeholders in this situation - including the 96,000 employees that BP employs in more than 100 countries, don't you?

Aside from the oil, what would the size of such a company going out of business do to the economy?

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