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What do you thinks going to happen after this crisis?

asked Jun 07 '10 at 19:30

602kid's gravatar image

602kid
1.9k156179193


No, they have lots of investors etc, and they have alot of money still.

I mean they probably wont be handing many bonuses this year but they are a massive company so they should be OK.

answered Jun 07 '10 at 19:32

Daniel%20Way's gravatar image

Daniel Way
151248

no, they have money...people are probably still going to buy their gas...they may be losing money now...but they will bounce back...very likely that they will bounce back...

answered Jun 07 '10 at 19:34

CharlesYin96's gravatar image

CharlesYin96
4.7k2271185

there losing 21 milion dollars a day

(Jun 07 '10 at 19:38) zezioen zezioen's gravatar image

I don't think BP will go bankrupt. They will loose a lot of money, but they won't go bankrupt.

answered Jun 07 '10 at 19:31

master's gravatar image

master
2.4k243964

a trillion dollar company going bankrupt, i dont think so, they could have stopped the leak, but you know what? there too greedy, there going to find a way to keep pumping out that oil rather then loose it, so they wont be loosing much money from a cleanup, even if it cost them billions to fix. which it wont as they already have all the tools and equipment to do so, and the tax payer, charitys and volenteers/good citizens will do the cleaning up for them.

answered Jun 07 '10 at 19:38

roguekiller23231's gravatar image

roguekiller23231
4.2k72104142

Not a chance.

Like everyone else I'm mad as hell at BP, however there's too much global demand for oil (and energy in general) and the reality is that none of these companies are even in the slightest danger of going out of business any time soon.

answered Jun 07 '10 at 19:38

zedblade's gravatar image

zedblade
615

i don't think so because bp did not operate the oil well

answered Jun 07 '10 at 19:49

aperson's gravatar image

aperson
0557

No. Not a chance. BP made a calculated decision a long time ago on matters like this.

"What's the worst that can happen?" "Oh, that's all? We've got hundreds of billions of dollars, so we can afford to take that chance."

That's how corners are cut, because they know the risk is worth it. On the small chance that something bad happens, they'll just deal with the relatively minor repair bill. They even bribe the government inspectors to make sure that they'll get away with it.

People think that the answer is MORE regulation. Nahh, not really. There's plenty of regulations already in place. The government just needs to do its job and ENFORCE the regulations. Of course, the only regulations our government is capable of enforcing, are the ones that the people have to follow. (speed limits, for example) Isn't it fun how things work?

answered Jun 07 '10 at 19:53

Techmaster's gravatar image

Techmaster
7612

-6

A billion, possibly trillion dollar company does not have much of a chance of going bankrupt. Although I HATE BP they will most likely not go bankrupt.

answered Jun 07 '10 at 19:41

Cateye%20Productions's gravatar image

Cateye Productions
2.3k92353

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Asked: Jun 07 '10 at 19:30

Seen: 808 times

Last updated: Jun 07 '10 at 19:53