Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (73623)	5/25/2010 6:41:00 AM
From: Snowshoe	Read Replies (2) of 74559

>>To me it makes a lot of sense to keep BP strongly and positively encouraged until the leak is plugged.<< Oh sure. If the "top kill" works this week, the plumbers will be heroes! >>I would patiently wait until the task of plugging the leak had been completed before dishing out blame and justice.<< The prior screw-ups are a huge problem for BP. The company has a criminal record in the USA, so folks are extra quick to rush to judgement. The US government will likely be able to drop the hammer on BP, if it so chooses. >>OTOH why are oil companies such f**k ups?<< I've dealt with a several people from BP and its predecessor Sohio over the years. All were decent folks except for one very senior manager who was a totally arrogant prick. I think it's guys like him who set the stage for these disasters.

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