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Default Good oil news

On Tue, 01 Jun 2010 07:07:19 -0400, hk wrote:


Well, doesn't BP pull in something like $6 billion a quarter in profit?
It's got the cash to pay for all the damage its carelessness and
incompetency will cause, to the penny, and then it should be fined a few
billion more, to be put into a reserve fund to help defray the costs of
unanticipated losses in the impacted area.

And then, hopefully, criminal charges will be lodged against the senior
execs and board of directors.


I heard someone estimating the total costs to be $20-25 billion. That's
just straight costs. If it goes criminal, times two damages could apply,
plus any fines. The *******s will be getting off cheap. It will be
years before the Gulf comes back.

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"thunder" wrote in message
t...
On Tue, 01 Jun 2010 07:07:19 -0400, hk wrote:


Well, doesn't BP pull in something like $6 billion a quarter in profit?
It's got the cash to pay for all the damage its carelessness and
incompetency will cause, to the penny, and then it should be fined a few
billion more, to be put into a reserve fund to help defray the costs of
unanticipated losses in the impacted area.

And then, hopefully, criminal charges will be lodged against the senior
execs and board of directors.


I heard someone estimating the total costs to be $20-25 billion. That's
just straight costs. If it goes criminal, times two damages could apply,
plus any fines. The *******s will be getting off cheap. It will be
years before the Gulf comes back.



Yeah but...Froggy says it's no big deal!

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"thunder" wrote in message
t...
On Tue, 01 Jun 2010 07:07:19 -0400, hk wrote:


Well, doesn't BP pull in something like $6 billion a quarter in profit?
It's got the cash to pay for all the damage its carelessness and
incompetency will cause, to the penny, and then it should be fined a few
billion more, to be put into a reserve fund to help defray the costs of
unanticipated losses in the impacted area.

And then, hopefully, criminal charges will be lodged against the senior
execs and board of directors.


I heard someone estimating the total costs to be $20-25 billion. That's
just straight costs. If it goes criminal, times two damages could apply,
plus any fines. The *******s will be getting off cheap. It will be
years before the Gulf comes back.


Fortunately for BP, that's about 1 year's worth of profit.

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