Friday, May 28, 2010

Live Feed Of BP's Oil leak; BP May Not Survive

BP has a live video feed at site of the oil leak:



While that stuff goes up, their stock goes down:



Rumours are that the company will not survive as a single entity. You can just imagine the lawsuits that are coming.

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1 comment:

Stock said...

Under one law they are only liable for $27M total liability

That is why the gov is tkaing a hands off approach, as long as they are spending their own money under their own direction, then government won't have to pay BP. When they start giving instructions, BP could charge for it.

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