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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (134493)6/10/2010 5:08:32 PM
From: Bearcatbob9 Recommendations  Read Replies (1) | Respond to of 206325
 
Chancels, I suspect that BP USA - or whatever name they use for the domestic corporation - will declare BK. That will expose the assets of BP USA to claims and shelter their world wide operations.

Frankly, I think they should openly put the threat on the table as a counter shot across the bow to the ranting and raving feeding frenzy politicians.

Lord - this is a massive problem to be solved - not a political opportunity to prove how macho some fools can be!

When this is done - who will not think twice about doing business in the land of lawyers and demagogue politicians. Ultimately the most damage will not be the oil spill - it will be the economic environment of our once great - but now bankrupt - nation.

Bob