Doubles All Round!

April 22, 2011 at 8:51 am

Congratulations to the executives of Transocean Ltd., who have just given themselvesĀ six-figure bonuses for 2010.

The bonuses included large amounts for meeting safety goals that year, described in the SEC filing as “the best year in safety performance in our company’s history.” According to the filing, in 2010 the company had an “exemplary” safety record and had met or exceeded certain internal safety targets concerning the frequency and severity of its accidents.

Since that was the same year Transocean’s Deepwater Horizon oil rig blew up, killed 11 people and dumped 200 million gallons of oil into the Gulf of Mexico, those other years must have been absolutely bloody horrible.