If you recall, the whole "financial crisis" was a crisis because banks were in danger of folding. BP can take the hit; the banks couldn't.
That's a really bad analogy you've made...
That's a really bad analogy you've made...
Their stock is down 50% already and continues to fall. Even worse for Transocean and Anadarko, which are much smaller than BP but still big players in the oil industry. Transocean is the world's largest offshore rig operator and Anadarko is also one of the largest oil producers in the world.
Just today an industry analyst said BP might seek bankruptcy protection within a month. At the rate expenses are piling up for BP, I can see where he's coming from.
A friend on FB asked why there were no "Save the Gulf" concerts
09/06/2010 03:13:52 AM
- 1001 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
09/06/2010 04:25:09 AM
- 596 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
09/06/2010 04:31:44 AM
- 618 Views
There are a lot people struggling right now who really can't afford to wait
09/06/2010 04:47:26 AM
- 658 Views
I agree with you. That was what I was thinking. But you said it better. *NM*
09/06/2010 05:07:44 AM
- 297 Views
Re: There are a lot people struggling right now who really can't afford to wait
09/06/2010 05:15:33 AM
- 740 Views
That wins the award for stupid post of the month. Possibly the year.
09/06/2010 08:31:18 AM
- 678 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold?
09/06/2010 08:47:57 AM
- 674 Views
I sometimes wonder where you lived in Houston.
09/06/2010 04:24:42 PM
- 793 Views
Re: I sometimes wonder where you lived in Houston.
09/06/2010 05:50:53 PM
- 730 Views
This isn't Karachi.
10/06/2010 02:04:02 PM
- 784 Views
how upset Ghavrel is getting should tell you something about what is going on down there
09/06/2010 04:34:10 PM
- 568 Views
My thoughts exactly. Thanks for posting this.
09/06/2010 09:13:51 PM
- 651 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
09/06/2010 09:46:24 PM
- 727 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
09/06/2010 10:03:52 PM
- 525 Views
well he does have a phone he could have used to call up the BO CEO and chat with him
09/06/2010 10:42:07 PM
- 614 Views
You really don't have any credibilty left on this issue.
10/06/2010 01:56:06 AM
- 637 Views
you really are a loon
10/06/2010 05:19:56 AM
- 744 Views
What's funny is that companies like Haliburton are going to make bank off this disaster
10/06/2010 06:14:07 AM
- 516 Views
Takes one to know one
10/06/2010 06:18:54 AM
- 899 Views
He said more domestic drilling, not more offshore drilling. *NM*
10/06/2010 08:25:14 AM
- 293 Views
The definition of Domestic drilling includes offshore wells.
10/06/2010 08:32:58 AM
- 629 Views
no the main subject of the thread was should there be an aids benefit for the people affected *NM*
10/06/2010 04:16:47 PM
- 263 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM*
10/06/2010 11:17:02 PM
- 248 Views
this is human crisis not just an excuse to beat an oil company over the head with a stick
09/06/2010 02:38:06 PM
- 674 Views
i don't think the US government has ever organized a benefit concert.... *NM*
09/06/2010 04:18:39 PM
- 271 Views
I do believe they were involved in the text donations program *NM*
09/06/2010 04:29:42 PM
- 257 Views
I somewhat doubt it. But I wasn't responding to that part of her post.
10/06/2010 01:26:26 AM
- 568 Views

Regarding the comparison to the financial crisis
10/06/2010 02:10:44 AM
- 568 Views
Um, because "Big Oil" is in no danger of failing?
10/06/2010 02:20:46 AM
- 535 Views
It's unclear if BP can take the hit
10/06/2010 03:05:32 AM
- 500 Views
I actually agree, Free Markets should be cleaning up the oil spill.
10/06/2010 02:57:09 AM
- 905 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill.
10/06/2010 03:41:34 AM
- 642 Views
How is this not a bailout?
10/06/2010 04:15:18 AM
- 791 Views
yes lets destroy the gulf coast to make a point
10/06/2010 05:24:12 AM
- 511 Views
I'm simply following laissez-faire capitalism and unfettered free-market ideology?
10/06/2010 06:39:19 AM
- 614 Views

maybe if you tried to understand it you would do a better job of making fun of it
10/06/2010 04:21:46 PM
- 476 Views