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To: stockman_scott who wrote (251930)6/4/2010 4:30:51 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
I think they'll accelerate the divi, to make less caysh available for plaintiffs, then declare BP and reorganize under bankruptcy protection. It would explain the current stall tactics. They should be spinning off subsidiaries left and right that aren't related to the Gulf, too.....at least that's what I'd do if I were Satan...ERRRR, BP's board.



To: stockman_scott who wrote (251930)6/4/2010 4:40:29 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
As long as they get the thing fixed and pay for the clean up then what's wrong with paying the dividend?

A whole lot of people depend on BP for jobs and dividends.



To: stockman_scott who wrote (251930)6/4/2010 4:48:16 PM
From: Bank Holding CompanyRead Replies (2) | Respond to of 306849
 
They interviewed a guy on Sacramento station who owns a tool fabrication company. two guys from Auburn California. BP solution was a cone shaped Tower. Sort of an upside down cup, with cement to keep it from tipping over and heavy enough that it would cover the leak. I think it had a tube to collect the oil. This isn't rocket science. It seemed very plausible to me.