You can call it bottom-fishing, except he's not always buying at the bottom.
Among the species threatened by bottom fishing is the orange roughy, which lives for more than a century and takes decades to reach sexual maturity: in those gloomy depths, creatures aren't used to sudden events.
Time to consider bottom fishing.
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The game is bottom-fishing for deals, fixing up the properties and renting them.
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Sadly for the telecoms firms, bottom-fishing for distressed assets rarely worked, and investors vetoed empire-building deals involving mature assets that yielded few cost synergies.
Central to the case against bottom-fishing is the protection of underwater mountains, known as seamounts, which are especially rich in marine life of all kinds.
Bottom-fishing investment banks eventually bailed hedge funds out of their problems.
The tools of industrial fishing (drift nets, bottom trawls, and longlines) compensate for the diminishment of marine life that they cause by taking what little is left all the more intensively.
Then in 2005 a Greenpeace report accused the company of encouraging bottom trawling, a powerful fishing method that damages ocean ecosystems, with its purchase agreements.
Destructive fishing methods have been used on the rich fauna of seamounts for several years now, including bottom trawling.
The oil spill hasn't just hurt BP's bottom line -- it's inflicted heavy blows on Gulf Coast industries like tourism and fishing.
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