A bankruptcy filing is looking more and more likely. No wonder BP has already started talking about the possibility.
In Reply To 'Stock Lobster'
The environmental group Sierra Club estimates that the April 20 explosion at Deepwater Horizon has released more than 1,444,952 barrels into the Gulf as of midday Wednesday. By that estimate, BP would owe more than $6.2 trillion in fines so far if the federal government imposes a $4,300 penalty per barrel.
GLTA... KarinCA ;)
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."