howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
we have all been following the environmental calamity as it unfolds, amazed that they this massive company did not have something in place in the event of a leak.
leaving that aside, since the leak started shares in tthe company have fallen by half.
so what, i hear you say, i do not have shares in them.
possibly not true, most of the major pension funds hold shares thereby damaging the value of the pensions.
added to that relations between the united states and us are being strained.
Guest 693- Registered: 12 Nov 2009
- Posts: 1,266
Speculation on the BBC the other day that this disaster may actually threaten BP itself......I can't actually see the CEO riding this one out.
True friends stab you in the front.
BP has huge cash revenues outside of the U.S. and will quickly recover once this mess has been sorted and paid for. There is no threat to BP, but the CEO is probably at serious risk.
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
Good time to buy cheap shares in BP if you are prepared to sit it out.The share prices will rise again.
Marek
I think therefore I am (not a Tory supporter)
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,699
Whilst I sympathise with the ordinary US citizens whose livelihoods are threatened by this disaster, however for the politicians I have two words
"Union Carbide"
4000 died, many many more have had their lives ruined and shortened, 26 years on this is still grinding through the US courts and the perpetrators still have not cleaned up their mess. US politicians really need to get their own house in order first.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Agreed. And the biggest shareholder in BP is Calpers, the California public employees' pension fund. BP has far more American employees than British. Obama has the gun pointed firmly at his foot if he persists in his campaign against 'BRITISH' Petroleum.
PG.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Agreed. And the biggest shareholder in BP is Calpers, the California public employees' pension fund. BP has far more American employees than British. Obama has the gun pointed firmly at his foot if he persists in his campaign against 'BRITISH' Petroleum.
PG.
Sorry, lost broadband for a while and for some reason the machine re-submitted the post.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 658- Registered: 13 Mar 2008
- Posts: 660
Did i not hear somewhere that the work was actually being done by the US company halliburton[excuse spelling] surely they must shoulder the bulk of the blame.
beer the food of the gods
Guest 693- Registered: 12 Nov 2009
- Posts: 1,266
It's an exercise in political expediency - do you think the average American actually knows that their precious greenbacks are invested in BP, or for that matter any company that isn't American? Obama and his spin doctors are hoping to deflect wrath over this disaster and aim it instead at a foreign scapegoat; he didn't get to be US President by being stupid. His predecessor, however.........
True friends stab you in the front.
