Wednesday, June 09, 2010 6:50:00 PM
When BP's share price hit the low 30s, the annualized dividend yield reached 9 percent.
Wall Street stepped up its opinions, which it relays via the usual financial media outlets, about the sacredness of BP's quarterly dividend.
Apparently BP has realized it's between the rock and the hard place.
It's kind of brazen for the Louisiana governor to piss and moan about the potential loss of a few thousand oil rig jobs when it's apparent some 20 to 50 thousand seafood harvesters, not to mention the tens of thousands of folks who live off the touristas for six months each year whose lives will be permanently impacted.
The Gulf of Mexico so far has been spared from a summer storm of the kind where the southerly winds push its waters into the esterine areas where most of the edible marine life gives birth.
Wall Street stepped up its opinions, which it relays via the usual financial media outlets, about the sacredness of BP's quarterly dividend.
Apparently BP has realized it's between the rock and the hard place.
It's kind of brazen for the Louisiana governor to piss and moan about the potential loss of a few thousand oil rig jobs when it's apparent some 20 to 50 thousand seafood harvesters, not to mention the tens of thousands of folks who live off the touristas for six months each year whose lives will be permanently impacted.
The Gulf of Mexico so far has been spared from a summer storm of the kind where the southerly winds push its waters into the esterine areas where most of the edible marine life gives birth.
He looks at you like you owe him money.
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