Guard watches coast for oil slick's first wave

[Slingin Sammy 33]

Originally Posted by joethiesmanfan

That oil spill is getting boring. Wake me up when the oil giant BP is no more. Big Oil gone how you like that Republicans?

Ah yes, a BP bankruptcy would be productive....prior to getting this mess cleaned up.

[Chico23231]

Originally Posted by Slingin Sammy 33

Ah yes, a BP bankruptcy would be productive....prior to getting this mess cleaned up.

Can you say "bailout"?

[joethiesmanfan]

Originally Posted by Chico23231

Can you say "bailout"?

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.

[Slingin Sammy 33]

Originally Posted by joethiesmanfan

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.