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From: Cliff on 10 Jun 2010 10:50

http://abcnews.go.com/Business/bp-survive-company-result-oil-spill-gulf-mexico/story?id=10874702
"BP Shares Sink Amid Oil Spill Bankruptcy Chatter"
[
....
The latest sell-off came after respected oil industry analyst Matt Simmons told
Fortune Magazine that a bankruptcy filing was likely within a month. "They're
going to run out of cash from lawsuits, cleanup and other expenses," he said.
....
]
From: Mike Hunter on 10 Jun 2010 15:53
That is the last thing we want to happen, if BP does go belly up the
taxpayers will be stuck with the bill.
BO should be giving BP all he help the feds can offer, to prevent that from
happening. Start by giving the gulf cost Governors the federal troops and
what ever equipment they need.

"Cliff" <Clhuprichguesswhat(a)aoltmovetheperiodc.om> wrote in message
news:flu1169ggrvoersfmm01dkam1ekdvpqt6l(a)4ax.com...
>
> http://abcnews.go.com/Business/bp-survive-company-result-oil-spill-gulf-mexico/story?id=10874702
> "BP Shares Sink Amid Oil Spill Bankruptcy Chatter"
> [
> ...
> The latest sell-off came after respected oil industry analyst Matt Simmons
> told
> Fortune Magazine that a bankruptcy filing was likely within a month.
> "They're
> going to run out of cash from lawsuits, cleanup and other expenses," he
> said.
> ...
> ]


From: Clive on 10 Jun 2010 22:01
In message <qJcQn.37093$rU6.6221(a)newsfe10.iad>, JoeSpareBedroom
<newstrash(a)frontiernet.net> writes
>"Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>news:dCcQn.24766$%u7.8214(a)newsfe14.iad...
>> On Thu, 10 Jun 2010 17:12:23 -0400, JoeSpareBedroom wrote:
>>> "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>>> news:23cQn.140469$0M5.51621(a)newsfe07.iad...
>>>> On Thu, 10 Jun 2010 15:53:16 -0400, Mike Hunter wrote:
>> It's not up to BP, it was up to the US government.
>You think the two are actually separate?
In fact despite it's name, BP has 6 British Directors and six American
Directors, further only a third is floated on the FTSE and 40% on the
American markets, I don't know who holds the other 30%
I would sure like to know when the US government are going to clean up
their act in the Niger Delta where the spills are much larger and no one
is doing anything to attempt to clear the mess. What about Union Carbide
and the Bohpol disaster where 8000 died and no one in America wants to
claim fault even now 25 years later.
Pot calling the kettle black.
--
Clive

From: dr_jeff on 10 Jun 2010 22:30
Clive wrote:
> In message <qJcQn.37093$rU6.6221(a)newsfe10.iad>, JoeSpareBedroom
> <newstrash(a)frontiernet.net> writes
>> "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>> news:dCcQn.24766$%u7.8214(a)newsfe14.iad...
>>> On Thu, 10 Jun 2010 17:12:23 -0400, JoeSpareBedroom wrote:
>>>> "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>>>> news:23cQn.140469$0M5.51621(a)newsfe07.iad...
>>>>> On Thu, 10 Jun 2010 15:53:16 -0400, Mike Hunter wrote:
>>> It's not up to BP, it was up to the US government.
>> You think the two are actually separate?
> In fact despite it's name, BP has 6 British Directors and six American
> Directors, further only a third is floated on the FTSE and 40% on the
> American markets, I don't know who holds the other 30%
> I would sure like to know when the US government are going to clean up
> their act in the Niger Delta where the spills are much larger and no one
> is doing anything to attempt to clear the mess. What about Union Carbide
> and the Bohpol disaster where 8000 died and no one in America wants to
> claim fault even now 25 years later.
> Pot calling the kettle black.

BP was formed from British Petroleum and Amoco merged. And it aquired
ARCO, too.
From: Clive on 11 Jun 2010 06:23
In message <V9mdnf5Y0JVQAozRnZ2dnUVZ_vKdnZ2d(a)giganews.com>, dr_jeff
<utz(a)msu.edu> writes
>Clive wrote:
>> In message <qJcQn.37093$rU6.6221(a)newsfe10.iad>, JoeSpareBedroom
>><newstrash(a)frontiernet.net> writes
>>> "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>>> news:dCcQn.24766$%u7.8214(a)newsfe14.iad...
>>>> On Thu, 10 Jun 2010 17:12:23 -0400, JoeSpareBedroom wrote:
>>>>> "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message
>>>>> news:23cQn.140469$0M5.51621(a)newsfe07.iad...
>>>>>> On Thu, 10 Jun 2010 15:53:16 -0400, Mike Hunter wrote:
>>>> It's not up to BP, it was up to the US government.
>>> You think the two are actually separate?
>> In fact despite it's name, BP has 6 British Directors and six
>>American Directors, further only a third is floated on the FTSE and
>>40% on the American markets, I don't know who holds the other 30%
>> I would sure like to know when the US government are going to clean
>>up their act in the Niger Delta where the spills are much larger and
>>one is doing anything to attempt to clear the mess. What about Union
>>Carbide and the Bohpol disaster where 8000 died and no one in America
>>wants to claim fault even now 25 years later.
>> Pot calling the kettle black.
>
>BP was formed from British Petroleum and Amoco merged. And it aquired
>ARCO, too.
What's that got to do with what I've said above?
--
Clive

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