BP Plc (BP)

[z4lover]

yeah I just can't decide if they go to like 15-20 and churn there for a while (years) or go bankrupt and wipe out share holder equity.

I mean if most of the costs are due to liabilities and going to be charged to them via the courts and it takes 15-20 years... if they simply just don't pay the dividend... and put that money into an account that's 150-200 billion... they should be fine...

now that being said.. I think there is something like at least $4,300 fine for every barrel spilled. and then you prob have to factor in a few thousand for clean up and other costs that they are going to have to pay today... so lets say 4,000 a barrel for that... then they would Owe $27.4 billion right away...