WaterMan Posted June 19, 2010 Share Posted June 19, 2010 http://www.bloomberg.com/apps/news?pid=206...id=aEFd_tEj12BI Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted June 19, 2010 Share Posted June 19, 2010 Like I said all along, the price associated with this mess will far, FAR exceed $20B. The escrow money BP is being forced to reserve is a drop in the bucket. Probably should have been closer to $50B. Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted June 20, 2010 Share Posted June 20, 2010 Thank god I didn't buy that condo in Destin. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted June 20, 2010 Share Posted June 20, 2010 I too think BP is going to be liable for much more than $20Billion, and they should be forced to pay it even if it ends up putting them out of business. They are a horrible example of a major oil company, based on their safety record. I still have a problem with the Whitehouse shakedown. It is was done to score political points, but I'm concerned with the message it sends to businesses. We need to follow the rule of law, rather than the emotions of the populous. When we stop following the rule of law like we did with the senior bond holders, and now this it sends the wrong message to companies large and small. Quote Link to comment Share on other sites More sharing options...
WaterMan Posted June 20, 2010 Author Share Posted June 20, 2010 Anything done in politics is done for points. I'm not concerned with this message: "Turn the Gulf of Mexico into a huge pool of oil because you are careless and you're going to pay." Quote Link to comment Share on other sites More sharing options...
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