June 20, 2010 | Mark Paradies

Cost of an Accident: Costs Sometimes Go Far Beyond the Company Involved

The six month deepwater drilling ban is already hurting the economy around the Gulf of Mexico. See:

http://www.chron.com/disp/story.mpl/business/7062498.html

Often, there are unexpected consequences of a major accident. That’s why predicting the cost (and the saving in preventing an accident) is so difficult.

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