Chapter 14

Managerial Problem Risk and Limited Liability:

Mark Long and Angel Gonzalez, “Transocean Seeks Limit on Liability,” Wall Street Journal, May 13, 2010, http://www.wsj.com. David Leonhardt, “Spillonomics: Underestimating Risk,” New York Times, May 21, 2010, http://www.nytimes.com. Andrew Ross Sorkin, “Imagining the Worst in BP’s Future,” New York Times, June 7, 2010, http://www.nytimes.com. “BP Reports $4.9bn Annual Loss after Oil Spill Costs,” BBC News, February 1, 2011, http://www.bbc.com/news/business. Sabrina Canfield, “BP, Transocean Wrangle Over Insurance,” Courthouse News Service, February 28, 2011, http://www.courthousenews.com. Jef Feeley and Allen Johnson Jr., “BP Wins Final Approval of Guilty Plea Over Gulf Oil Spill,” Bloomberg ...

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