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BP p.l.c. Message Board

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  • tlee22202 tlee22202 Jun 6, 2010 11:05 AM Flag

    BP Liability Exceeds $1 TRILLION - link

    If there is no limit to the liability of a leak, would you want to take over the operation???
    What if it is a company with no real assets to pay any claims in the event of a future leak? The government will end up paying for the cleanup.

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    • <<If there is no limit to the liability of a leak, would you want to take over the operation???>>

      I didn't say that anyone would buy BP. You said that if BP left the scene that it would be bad for this country. I merely pointed out that BP has many operations/assets in this country besides the leaking well, and those could be sold and operated by others with no impact to this country at all. That happens with corporate assets all the time.

      If you're speaking specifically about this one leaking well, and the related relief wells, I would suggest that BP can't simply walk away and leave the job undone, but even if they did, the service crews actually doing the work would simply be retained, at taxpayer expense if nothing else.

      That's my opinion anyway.

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