BP's stock value fell because it deserved to fall and anyone who owns BP stock is getting what they deserve. I hope they lose a lot of money. I hope they suffer. The media has nothing to do with it. BP caused the catastrophe. It is BP's fault.
"Media only reported on what information was available.."
Unfortunately that is part of the problem. The media no long does investigative reporting they just regurgitate what is thrown at them. Hell, how hard would it have been for one of these 'reporters' to look at the same underwater cams that we were looking at and conclude that BP was trying to hide the truth?
I bet Nixon would have loved today's media back then. Watergate never would have happened.