BP's stock went through the floor because of this. Between the clean up, lawsuits, and impending fine, they'll either go bankrupt or be bought out. Regardless, they're getting off easy considering the horrific, far-reaching damage they've caused.
BP's stock went through the floor because of this. Between the clean up, lawsuits, and impending fine, they'll either go bankrupt or be bought out. Regardless, they're getting off easy considering the horrific, far-reaching damage they've caused.
Dolemite, the Bad-Ass King of all Pimps and Hustlers
Gymkata: I mean look at da lil playah woblin his way into our hearts in the sig awwwwwww
There's a cap over how much fiscal responsibility BP has. Who carries the rest of the burden? We do. Awesome democracy at work.
Maybe BP doesn't mind so much. Have tons of oil, want more money? A cataclysmic spill could pass new restrictions and anti-drilling legislation... it could be a kick in the shin for the big guys, but a blow to the skull for their competition. In addition to consolidating market share, with an artificial scarcity oil prices can go up. Sure there's a fine or two, but the longterm profits will cover that and then some.
No rush to get this cleaned up, after all.
Who said there's no creativity in business.
Just an idea. Who knows. I don't think we'll see BP bankrupt.
Last edited by koda; 30 May 2010 at 12:12 AM.
That article Yoshi linked is outright retarded.
You sir, are a hideous hermaphroditical character which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman.
Silly Destin, articles are for kids.
You sir, are a hideous hermaphroditical character which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman.
No, no, here it is,
No, serious, Yoshi. I have a firm belief that you're smarter than this and you're just trying to get a reaction. Can we summon the spirit Barry Goldwater in here? That man would have something to contribute.Originally Posted by that article
Donk
THIS IS OBAMA'S KATRINA.
BARACK OBAMA DOESN'T CARE ABOUT OIL EXECS
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