BP deserves to die... latest articles and an open thread
A few articles to chew on regarding BP...
Obama urged to 'punish' BP with $100bn action
"A source close to the politicians said: "There are US congressmen who understand the heartbeat of the Obama administration that are looking at [Texaco]. There is a real chance – 30 per cent, perhaps a bit more – that BP cannot survive."
"Senior US politicians are pushing President Barack Obama to seek $100bn in damages against BP for the Gulf of Mexico oil spill in an attempt to kill the company."
BP May Lose U.S. Oil Leases, Contracts as Gulf Spill Punishment
" BP Plc may lose control of its U.S. oil and natural gas wells and be barred from doing business with the federal government as punishment for the worst oil spill in U.S. history, industry and regulatory analysts said."
Does BP survive? I am guessing one way or another Obama makes a political statement in an election year and destroys BP. What say you?