Do You Think BP Will Go Bankrupt?

[muush88]

seeing those pelican covered in oil was sad!!!

Very sad, someone deserves jail time just for that picture of the pelican, not to mention the 11 people who died in the explosion.   BP has very deep pockets  i dont think its gonna hurt them as much as it hurts everyone and everything else. 

[rcbrad]

I am not so sure that they will go under.  Surely this is a serious blow to the company.  Let's not forget the billions and billions of dollars that they have made in profits.   The money made in profits will take care of much of their responsibilities in cleaning up this mess.  It will be interesting to see how this plays out?  There is a possibility of criminal charges here.

[lighthouse68]

It could very possibly happen. But why does it have to take so long to fix this. It is all the way to Florida. What happens if it goes further?  A lot of water and waterlife will be destroyed. Fix it already!

[melissymoo]

i not only think they will  i hope they do  poor  fish and birds .

[klkwid]

I think that BP probably has deep enough pockets that they can make this go away.  I think they're trying to do as much as they can for publicity damage control right now-if they play their cards right, they can probably turn it around to make it look like they are sooooo soooorry about all this and they're doing eeeeeverything they caaaan to make it better.  People tend to buy that sort of thing. 
I certainly don't think they caused this disaster on purpose, but I think that it is their duty to clean it up!!! 

[pattypingle]

I am sure if not completely will sell out, cost of cleanup plus lawsuits etc will be extremely high and thats why we don't hear alot from bp

[bschumacher]

It better not go bankrupt before it pays for all the damage it has caused. After that, I hope it crashes and burns.

[martinbastin]

At this time, the govt rules say they will only be responsible for 75million for damages. That is the cap any oil co has to pay. Sad, but true.