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To: Jacob Snyder who wrote (133617)6/2/2010 9:25:56 PM
From: tom pope  Read Replies (1) | Respond to of 206184
 
I hear you, and I believe BP will represent deep value. But the justice system in this country can be mercilessly punitive, especially when dealing with a stricken victim.

According to Yahoo, BP's cash flow (after the 10bn dividend) in '08 was 4.6bn. They don't have the '09 numbers yet.

Frankly, I haven't seen a truly analytical estimate of what this may all cost. Most of the estimates seem to be plucked out of the reporter's ass - which is inevitable in a situation where the well is still spewing and the tort vultures haven't come out of the woodwork yet.