In the aftermath of the Failure of Top Kill, BP has moved on to the next experiment, Cut and Cap. AG Erik Holder visited the Gulf yesterday.
BP’s future as a global concern was at stake tonight after the US Attorney General, announced that he was launching a criminal and a civil investigation into the Louisiana oil spill.
As Eric Holder made his announcement, the British company’s chief executive fought to halt a headlong slide in its stock price.
After losing a third of its value in just six weeks, BP is expected to promise shareholders their full annual dividend in a last-ditch bid to retain their loyalty. More than £12 billion was wiped off the company’s value today alone, as Mr Obama dispatched his top prosecutor to Louisiana and vowed to bring to justice those responsible for what he called “the greatest environmental disaster of its kind in our history”…
Inserted from <Common Dreams>
The best coverage I saw yesterday came from Rachel Maddow. In the first clip she and Ann Hayes discuss the uncertainty that even the relief well will stop the flow.
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In the second, she and Chris Hayes discuss the uncertainty of BP’s survival.
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Most of you know that I adamantly oppose capital punishment. However I favor a corporate death penalty in this case. Why?
Corporations are NOT people! Money is NOT speech!
5 Responses to “GOP Gulf Gusher Update”
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My shorts on BP are going quite well. Just bought a couple more today!
I hope Holder sues the shit out of them and their exec go to jail. That is after they pay for the Gulf to be cleaned up. Did you hear the BP CEO whining on Huff Po that ‘he wants his life back’? You’ll get your cushy life back when this shit is fixed and everyone you harmed is paid for their losses. Good luck asswipe.
I did, Lisa. If he wants his life, we should give him life… without possibility of parole.
For crimminy’s sake, Crimp the f*cker, don’t saw it.
Ivan, I think that the material is too brittle to crimp.