(5 Dumbest article updated with Halliburton's response to the presidential commission findings on its cement.)
5. Halliburton Cement Lacking in Cement-like Qualities
When someone blows a recipe, we hope it's for something mundane like cookies or pumpkin pie, not cement intended for use on deep water oil rigs.
4. BP's Dudley Inherits Hayward's Gift for the Gaffe
Mr. Dudley, your company has taken the honors for causing one of the worst environmental disasters in U.S. history. You knew that when you took the job right? And now you can't fathom why BP was getting all the attention as its destroyed oil rig spewed millions of gallons of oil into the Gulf of Mexico? Dudley went on to criticize "a rush to judgment" by observers and "some in our industry." Dudley's insistence on playing the victim suggests that he failed to learn many of the lessons of his predecessor. Hayward was criticized for complaining that he'd like his life back as 11 oil rig workers lay dead and thousands on the Gulf feared for their livelihood. For Dudley to now complain months after the fact about a few inaccurate computer simulations regarding how far the oil could travel in the world's oceans smacks of the same victim complex that helped contribute to Hayward's ouster. To be fair, BP deserves some credit for its post-spill response, including the $20 billion compensation fund it set up in June, of which nearly half a billion has been paid out. And this week it agreed to provide $20 million for enhanced seafood inspection and marketing efforts aimed at rehabilitating the Gulf Coast in the wake of the disaster. But Dudley has promised a new culture of safety at BP and acknowledged a need to "earn back the trust" of various parties, from customers to governments to shareholders. This is a funny way of going about doing that.
3. Soda: Even Sweeter Than Advertised
2. Larry Ellison: Tech Tough Guy, Fan of Legal Fees
1. Political Spending Maxes Out