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DewDiligence

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DewDiligence

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Re: Stock Lobster post# 323177

Thursday, 06/10/2010 7:32:48 AM

Thursday, June 10, 2010 7:32:48 AM

Post# of 648882

How much power does the US government have over a foreign company with assets flung across the globe, and carefully protected through a web of local corporations?

In the case of BP, the feds have a lot of power indeed. Compared to other “foreign” members of Big Oil such as Shell and Total, BP has a much larger proportion of its assets in the US.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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