Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (20910)	6/1/2010 2:24:40 PM
From: Road Walker	Read Replies (3) \| Respond to of 86355

If the liabilities they've incurred drive them bankrupt over time, so be it.* Like it or not that's a values decision, and probably political and/or judicial. Right now Florida tourism is off. Rational or not there is big money being lost, and who is responsible? Does BP have to pay wages for the the fishermen, the charter boat owners, the waitresses out of work? If there is a large wildlife kill do they have to pay for that... for generations of wildlife? Goes on and on. * And the damage to their prestige as a partner. This is going to be substantial and long term and few are thinking about it except in boardrooms and government oil ministries around the world. And the cost of increased regulation and liability for the entire industry can't make them the most popular kid in class. I personally think they are toast. They "screwed the pooch".