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A company run by a horde of retards who [completely fucked] up the [Gulf of Mexico] and the southern coastline with its dangerous oil spill. Also refers to any other company that profusely screws up something major and calls it "a huge and regrettable mistake" (AIG, for example); or it can refer to a group of people who [vandalize] a person's property or vehicle then hires other people who are willing to take the blame.
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