Risk News

7/2/2015
BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill

"The Gulf Coast states and the federal government have reached a tentative settlement with BP for the British oil company to pay $18.7 billion over 18 years, to compensate for damages from the 2010 Deepwater Horizon oil spill, state officials said Thursday."

Annie's take:

You know that the rewards had to have outnumbered the risks for big oil companies like BP when they can negotiate and pay such settlements. But does it really cover the cost to the environment and to businesses and families who lived in those states?

7/1/2015
Surveillance Court Rules That N.S.A. Can Resume Bulk Data Collection

"The Foreign Intelligence Surveillance Court ruled late Monday that the National Security Agency may temporarily resume its once-secret program that systematically collects records of Americans’ domestic phone calls in bulk."

Annie's take:

Is the FISA court hoping that between now and the end of the transition period specified by Congress that something will change where bulk collection is concerned? Does collection during this time mean that the transition in storage to phone companies from NSA will slow down?