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Old 06-15-2010, 01:27 PM   #7
Slingin Sammy 33
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Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
Re: Guard watches coast for oil slick's first wave

Quote:
Originally Posted by joethiesmanfan View Post
I need info. What's the difference between a receivership and bankruptcy. I think in a receivership the government assumes control and they pay those affected, share holders be damned. I mean when you buy stock you are gambling, it was almost a sure thing but........sorry charlie.
BP isn't a U.S. corporation. They may have subsidaries that are U.S. corps, but main BP is in the UK.
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