Do You Think BP Will Go Bankrupt?

[martinbastin]

I think the costs will ultimately destroy the BP oil company and it will go under.

[lynnc35]

I can see this happening, I think it would take alot to pull this one out. It is sad to see, but now that the president, put all the blame on them and of course none on the actual government of course, they really were hung out to dry.

[mrisha]

BP may lose a lot of money, lay people off, stop giving out million dollar bonuses but they will never go out of business.  Having money is just too powerful and some one or some country will probably bail them out of this mess.

[taraminnig]

It sure looks like they will. All I know is they need to get on the ball with getting this mess cleaned up. They got the pipes down there how come they can not get it contained?

[makedoughonline]

I don't think so.

[BeccaGoga]

It's acutally hard to tell at this point. Things are bad now, but they can only get worse with the hurricane season starting up. The way I see it is if the gets as bad as some of the predictions I've heard then BP will most likely go under, but at this point I can see them shutting down a lot of their refineries and stations around the globe, but not all of them. From the ones that they do keep open they will regroup there company.

[smileycoop]

Not sure... I think it's truly a toss up.

[Hafapea]

It would be the least that they deserve...

[texan190]

They will have fines up the wazoo after it is all said and done, but I don't think they will go bankrupt. Its more the aftermath I'm more worried about. Now that this has happened, its all the what the liberals need to push for more restrictive drilling every where. I'm sure there will also be useless taxing on the companies themselves which will of course be passed onto the consumer. It was BP's fault completely. Does some blame go to the gov't? Maybe, but that remains to be seen. I don't think blaming the gov't for this does any good. Accidents like this are few. Just think of all the drilling rigs out in the gulf or even on land.

[Storm61115]

yeah maybe. we will see wont we. they caused this mess coz theywere being careless coz they were greedy. now they cant fix it. wtf!

[yaayme]

I hope so...heard they are a foreign company anyway...How did a foreign company get permission to syphon oil from off our shore's anyway? I don't understand how this whole thing work's.

[dmalsbury]

seeing those pelican covered in oil was sad!!!

[dealdeal1]

Bp might be on the edge of going under but I don't think they will.
They have insurance just like you and I, and they are covered if a malfuction in the alarm caused the explosion which in turn caused the well to rupture. CYA has always been the policy of big business. 

[rj4tr]

I think the costs will ultimately destroy the BP oil company and it will go under.

I think they will. Lawsuits?

[thetotalfool]

I don't think it will hurt BP too badly.  It will probably take years to work through courts, and by then only coastal people will still be angry.

It's very sad.