Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description:  The petroleum and fishing industries have a long and uneasy intertwined history in the Gulf of Mexico. WSJ’s Andy Jordan looks at how the growing gulf oil spill is hurting Louisiana fishermen who supply around one-third of the U.S.’s seafood.

Source: Marketwatch.com – video report
 
Date: 05/05/2010

Link: http://www.marketwatch.com/video/asset/fishing-industry-hammered-by-gulf-oil-spill/41612D0E-B338-464D-A15E-5885B1D227D6

Questions for discussion:

  • Can the businesses mentioned in this report thrive together or is the situation one where what is good for one is detrimental to another?
  • Can government intervention help solve this conflict of business interests? Explain your thinking.

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