It's Wednesday, April 6th, and this is Market Foolery.

I'm Chris Helen joining me in studio today from Motley Fool Asset Management, Bill Mann,

from Hidden Gems, Charlie Travers, and from Million Dollar Portfolio, dollar portfolio Ron Gross guys good to see you

good to see you Chris we've got earnings from Monsanto and Blockbuster has a new owner

those stories in a moment but we begin today with Transocean.

It was just days ago, Transocean disclosed executives received bonuses for the, quote,

best year in safety performance in the company's history. This was also again quoting

notwithstanding the tragic loss of life in the Gulf of Mexico when the

deep water horizon exploded. Now the company has announced that executives are donating their

safety bonuses to a fund for the families of the victims in that explosion. Billman, I will start

with you. Transocean has been hammered by a lot of people

recently, including us. To what extent, if any, does this undo the damage?

You know, I'm so mystified about this I can't even I almost can't even really speak.

I mean these are just bad people running this company. I mean that's just they they get a

bonus I mean where's the common sense that says, okay, we have this formula, but maybe because we nearly destroyed the entire Gulf of Mexico, maybe we might not want to take it. So this is the solution they're going to give back

part of their bonus which by the way is still shareholder money. So essentially

they are donating shareholder money to... I don't I can't even speak I'm so blown away by by this Charlie it's it's utterly

absurd this is like being gilded into giving to charity not because you thought was the right thing to do out of the goodness of your heart but because you had some like obligation from somebody that made you feel bad about being a total heel.

That's what I meant to say.

Ron, what do you think?

I think the big, the real huge area here is somebody writes the proxy statement, writes the

annual report, and they make claims like this was our safest year in history.

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