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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (76881)6/1/2010 6:32:19 PM
From: tejek  Respond to of 149317
 
<<...Dougie Youngson, an analyst at Arbuthnot Securities in London who slashed his BP rating to sell from buy, said the question now isn't just Hayward's tenure as chief executive but the survivability of BP as a whole.

"What worries us the most is the emotive language coming from the Obama administration and the reputational damage done so far. It is difficult to see how the company can recover and it remains unclear what punitive measures will be put in place in terms of its operations in the Gulf of Mexico," he said in a note to clients.


An possible failure of BP has been on the table ever since the top kill failed. Same with RIG.