Fear of BP bankruptcy wipes out rally...

Fear of BP bankruptcy wipes out rally in stocks | The Columbus Disp...

There are 9 comments on the Columbus Dispatch story from Jun 10, 2010, titled Fear of BP bankruptcy wipes out rally in stocks | The Columbus Disp.... In it, Columbus Dispatch reports that:

The stock market had another late-day slide, this time because of fears that the Gulf oil spill will send BP into bankruptcy court.

Join the discussion below, or Read more at Columbus Dispatch.

pikkil47

Hilliard, OH

#2 Jun 10, 2010
Oh, won't that be juuusssttt wunnerful...BP bankrupt..... in this ONE instance we need to bring back debtor's prison. Especially for that prissy CEO with the spoon up his nose.
Big Johnson

Columbus, OH

#3 Jun 10, 2010
We can't let this happen. Let's 'bail' them out!
The Rational One

Columbus, OH

#4 Jun 10, 2010
Well, if BP goes belly up who gets stuck with the clean up cost? Very easy question to answer. We're going to pay for the mistakes of these idiots for years. More corporate welfare. But then again, the US Supreme Court thinks that corporations should be able to drive elections with unlimited spending. Government by the corporation, for the corporation. Even foreign corporations.
Enzyte Bob

Powell, OH

#5 Jun 10, 2010
I'm sure BP has enough corporate shells set up that it won't bring down the entire company. I'm sure they have a corporation set up called "BP Exploration - Well #222, Inc." or some such structure to avoid having an accident like this from taking down the entire company.
Will Burns

United States

#6 Jun 10, 2010
Enzyte Bob wrote:
I'm sure BP has enough corporate shells set up that it won't bring down the entire company. I'm sure they have a corporation set up called "BP Exploration - Well #222, Inc." or some such structure to avoid having an accident like this from taking down the entire company.
I would hope so. Would hate to see the end of BP.

Since: Oct 09

Columbus, OH

#7 Jun 10, 2010
Let's hope BP doesn't try to file for bankruptcy to shirk their responsibilities. But they can go to heck for all I care.
Bill

Hilliard, OH

#8 Jun 10, 2010
When there was talk of windfall taxes, the news was the consumer would end up paying the bill. The same goes here. We pay even if you boycott B.P because they will have one huge write off when tax time comes. I don't want to see B.P. go bankrupt but you know who really pays in the long run. The working man or woman.

“Wake Up!”

Since: Nov 08

FQQLZville USA

#10 Jun 10, 2010
BP(Bush Policies) will just slip away and the american people will get stuck in the rear again.
How's that deregulation working now anti-government free market capitalistic pigs?
Enzyte Bob

Columbus, OH

#11 Jun 10, 2010
Will Burns wrote:
<quoted text>
I would hope so. Would hate to see the end of BP.
I do know one thing. I always hated their flower logo, they almost have to take it down now.

I always liked their traditional shield, better.

Actually, I wish they would just go back to being Sohio.

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