See what I find absolutely priceless is a US Interior Sectretary saying that BP should be made to pay for the lay off of workers at other oil companies due to the moratorium being placed on deep sea drilling
Based on that logic, maybe the US banks should be made to pay the rest of the world for the impressive **** up that was the recent financial crisis, I mean it all stemmed from the US mortgage markets............
Nope I didnt think so either
Just so people know, coz Obama doesnt, BP isnt called British Petroleum anymore, its simply BP and has been for a good many years now
So hows about people shut up about 'sue BP now RAAAAH!!!! Get 'em on Judge Judy she'll sort it!!!!'
Might make you feel better but that wont solve anything.
And the worst thing that will happen now isnt BP going under, its BP being bought out by someone else as the share price has dived
But President Obama should be aware that such a suspension of dividends would in effect deprive US savers of some $4bn of income per annum. Or to put it another way, in a world of global capitalism, Obama can't punish BP and expect all or even most of the pain to be felt in Britain
Source : http://www.bbc.co.uk/blogs/thereport..._americas.htmlEdited by SpuddGunn - 6/10/10 at 8:48am