as v.p. continues to move vessels into the site and preparing for a tp kill. the process they hope to use to stop the flow. by pumping mud into the leak to jam it and sealing the riser with cement. initially set for sunday, the engineers say they won't be ready until tuesday at the earliest. another setback if so many along the gulf coast who have already been waiting for more than a month now. >> i sense frustration on the part of anyone iran the gulf coast and even around the country. it -- at what this oil spill brings to everybody. >> no one is more frustrated it seems than the shrimpers who see catches and at some point dwindling along with the way of life they have clung to for generations. >> back -- that comes in, it is going to be, i mean, you won't be able to do it no more. just about end it. >> it is already coming in on the beach at grand isle and some scientists say this is just the beginning. >> it is going to keep coming and going to be a wave after wave of this liquid oil washing up and it'll be cleaned up and the next day, you go back and recl

now, in an email from goldman sacks' v.p., he says, and i quote, standing in the middle of all these complex, highly leverage, exotic trades he created without necessarily understanding all of the implications of those monday tropical storm ties, it is a -- monstrosities. he called it a product of pure intellectual masturbation. the type of thing which you invent telling yourself, we created a thing which had no purpose, which is concept you'll and theoretical which nobody knows how to price. mr. garamendi: is that the creativity that goldman sachs so prided itself on creating something that was unpriceable, that nobody could figure out what it was and couldn't price it? what did they do with this frankenstein that was created? ms. speier: this is what is interesting. this is son of the frankensteins they were creating. here is a tower, the sound view home loan trust. and if you look at the bottom there, that little yellow column was some pretty bad stuff. these were mortgages that were poorly rated. mr. garamendi: this was the packaging of the mortgages that were being sold to peopl

march of 2009 and explosion at abt facility in texas resulted in 170 injuries -- an explosion at a v.p. facility in texas resulted in 170 -- bp facility in texas resulted in 170 injuries. this is part of a track record of safety problems that our fate -- frankly very concerning. they were again find last year for failing to correct safety hazards after that 2005 explosion. 439 new safety hazards were found, they were fined for a huge oil spill in alaska because of a corroded pipeline. according to a recent study bp refinery is are responsible for 90% of all flagrant violations found by government inspectors. most were found to have egregiously willful behavior. host: talking about politicians and the gulf oil spill, but first we want to talk to jay sherman with "politico." he wrote the story yesterday with the latest report from the minerals management service's. what has been happening at the mms and what has been happening? caller: as everyone knows the mms has been under increased fire. politicians have been hammering them for bad regulation. but there is this inspector general that

>> myself, pat o'brien, v.p. of d&c in the gulf of mexico. rudolf winslow with transocean, buddy tray happen with transocean. audi hear you correctly that you took the flight out of houston? >> i'm sorry, did you say fly out of houston? >> yes, sir. i think you said you had a specifically helicopter allocated to you or anybody from transocean to make the flight from houston. >> those trips were out of our shore base in homa. the reference to houston was that it was generally for office leadership. >> understood. >> normally, who from b.p. goes on such trips to discuss safety audits and performance plans? >> normally it is a wide range of leadership from wells team leaders up through vice presidents. >> is it typical for mr. o'brien to go out there? >> it would be typical for his position. he had not been in that job very long, and so this was his first trip, his personally first trip to the horizon, but other directors in b.p. went on those trips. >> you may not know this, but do you know when he actually took over his position as vice presid

. -- v.p. to abate those. when we went in, we had abated those, but we want to the other part of the facility, a very large refinery, and found they changed the same changes that we required in one part. we just issued more than $ million fine against them for exactly that problem. so we are extremely concerned about oil refineries and the possible catastrophic events associated with them. so we're going back into them and seeing what we can do. >> we know that it was creeth for 17 serious violations in april 2009, so this is a big concern, and i want to follow up with several other questions, but i wanted to ask you, before my time is up, in your testimony, in your written testimony, you explained that under current law, osha cannot develop a pattern of violations or cite an repeat violation if that employer has employees in multiple states. right? so if the original violation occurs in one of these 1 state planned states that administrator their own osha program, do you necessarily know that other states hav