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Old 06-18-2010   #3
Yugoloth
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Re: Apologize to BP?? WTF??

Everyone remember this: If we destroy BP, who will pay?

The president refuses to even suggest a liability limit for BP. Now he's making draconian demands that they turn over $20 billion to pay for Whatever. This sort of behavior is holding down BP's stock price. The price of the stock is essentially the value of the company, which BP must use as leverage to raise capital.

Lower stock price = less capital = less ability to pay for clean up in the Gulf.
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