Before Hercules Offshore collapsed into bankruptcy, they (like every other company in the USA it would seem, that faces falling revenues) were desperate to cut costs. Unfortunately for the offshore drillers that worked for the firm, Hercules chose to squeeze out the last drops of expense in a ‘different’ way…
( h/t @Merimack1 )
and as a reminder from Monty Python…
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/mLvXsNUR8uM/story01.htm Tyler Durden