Corp Watch: BP Sued By Mexican Fishing Businesses for Deepwater Horizon Spill, Deutsche Bank Pays $2.5 Billion Fine For Interest Rate Rigging

BP Sued By Mexican Fishing Businesses for Deepwater Horizon Spill
Richard Smallteacher
May 7th, 2015

British Petroleum (BP) has been sued by some 25,000 Mexican fishing businesses over the 2010 Deepwater Horizon disaster in the Gulf of Mexico. The company says it has paid $1.8 billion in compensation to U.S. businesses but has yet to offer money to those affected south of the border.

Pelican affected by Deepwater Horizon spill. Photo: Louisiana GOHSEP. Used under Creative Commons license.

Deutsche Bank Pays $2.5 Billion Fine For Interest Rate Rigging
Pratap Chatterjee
April 27th, 2015

Deutsche Bank has agreed to pay out a record $2.5 billion fine to settle U.K. and U.S. government investigations into allegations of fixing global interest rates, just months after six other banks paid out $4.3 billion on similar charges. Activists say that the banks should have faced criminal charges.


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