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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (80394)5/24/2010 2:21:55 PM
From: stockman_scott  Read Replies (1) | Respond to of 89467
 
<<...BP shares closed down 1.6% at $43.86 in New York on Friday, even as the broader market recovered from Thursday's sharp selloff. The company's stock has lost about a quarter of its value since the Transocean Ltd. rig Deepwater Horizon, which was drilling a well for the company, caught fire and sank, killing 11 people...>>

Nice to see that BP has lost AT LEAST 25% of it's market value...Investors see great risk in BP stock...Very surprising that the BP Board has not moved to fire CEO Tony Hayward and the president of North American operations...The BP board should prepare for some very large and expensive shareholder lawsuits.