The Mudcat Café TM
Thread #129466   Message #2930194
Posted By: Don(Wyziwyg)T
17-Jun-10 - 08:00 PM
Thread Name: BS: US bigots attack British Company (oil spill)
Subject: RE: BS: US bigots attack British Company (oil spill)
""We need to spend more time criticizing BP, not less. We need to get the truth out about what they are doing, which they are doing their level best to cover up. The problem doesn't get corrected by turning our gulf into a military zone and covering up the evidence. It is corrected by ensuring that the truth gets out so we can make sure something like this never happens again.

Personally I think the world would be a far better place without corporate criminals like BP.
""

You may well get your wish much sooner than you think Carol. I usually find myself agreeing with you, but in this case I think you, and a lot of others, are seriously awry.

Are you not aware that every day, the criticism and vilification of BP by the USA, is reducing the value of the company. The shareholders of any company will only hold on to the shares if they see some likelihood of a return on their investment.

With share prices in free fall and no dividend, there is every likelihood that BP will see massive dumping of shares onto the market, which will inevitably attract the attentions of asset strippers.

Your assessment of the costs may well be accurate, in which case I would suggest that you need to stop kicking BP and get behind their efforts. You need, like it or not, both their expertise and their money, so it would seem sensible not to kill them off too soon.

What do you think?

Don T.