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z4lover

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z4lover

Re: MONEYMADE post# 1202

Thursday, 06/10/2010 2:31:18 AM

Thursday, June 10, 2010 2:31:18 AM

Post# of 5205
Ok here are some other sources who say the same thing..

http://www.streetinsider.com/Downgrades/BP+(BP)+Disaster+Could+Cost+$40K+Per+Barrel+Spilled,+Goldman+Sachs+Downgrades+to+Neutral/5706602.html

http://www.marketwatch.com/story/bp-eyes-containment-shortfall-on-gulf-well-report-2010-06-07

"As Wall Street continued to crunch numbers on what the cost of the spill will be for BP investors, Goldman Sachs analysts took the figures spent by Exxon Corp., now Exxon Mobil (XOM 60.03, -1.21, -1.98%) , in the 1989 Exxon Valdez accident, and adjusted them for inflation to come up with a figure of $40,000 per barrel spilled."

Now the source of the information used was Goldman Sachs... Is that good enough for you??

Everything I say is in my own opinion do not buy sell or hold based off what I have to say.

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