colddiesel
Literotica Guru
- Joined
- Aug 22, 2006
- Posts
- 5,724
Its time to send the Limeys a message.
Sure, and try to explain to the US stockholders, Pension funds etc who hold 38% of the company (as opposed to the Brits with about 29%.
Xenophobic blame gaming is fine for politicians who barely know how to tie their own shoe laces but it doesn't solve anything in the real (Globalised) world.
Incidentally BP looks an interesting stock market punt at the moment Stock price is down some 30% or so from its pre event inflated price. The Rating Agencies have done their usual ploy of running after a stampede after it is already running which has helped panic the market
Broadly the options are :
1 If the well is fixed the stock goes up
2 If it isn't fixed, BP despite its size will become a takeover target (at a higher price).
If you have a few thou to play with it could be interesting, timing and ring fencing the downside is the tricky bit.
President Obama said yesterday that the Federal government had sent BP a bill for about $59 million so far. I wonder if anybody in BP would have enough balls to announce that they intend to prioritise payments to small business's and individuals first and Washington after that. Public reaction might be interesting.