I don't understand why the politicians are pushing for BP to suspend the dividend. Doing so only punishes shareholders who had NO ROLE in the poor management decisions by BP execs that lead to this disaster. We shareholders have already suffered a 50% decline in the value of our shares. Why punish us more?
I'm all in favor of civil and criminal prosecution of the CULPABLE EXECUTIVES. Hold them PERSONALLY RESPONSIBLE for their own gross negligence. Take all their assets. They are the ones who should be punished, not the innocent investors!
lol..SO Essentially what you are saying is that you want all the benefits and none of the down side? Where do you think BP will get the money to pay for clean up??
You are innocent investors in what sense? that you or the majority of YOU chose the executives?
I'm with you.
It is so obvious no one in the Obama administration has ever run a business.
All the trashing and blaming and threatening for BP to pay even though they already said they will pay is so childish.
All they are doing is driving the stock price lower and lower. I would not be surprised if another oil company come in and buy BP, and refuse to pay the claims.
"I would not be surprised if another oil company come in and buy BP, and refuse to pay the claims. "
Oh yeah, companies are just lining up to buy BP right now! Any company that buys BP, also buys their legal obligations.
Do you really think it would be that easy?
Because shareholder are the owners of the company. As owners, you share in the ups and downs. People seem to forget this fact. If you don't like specific stock risk, then dont buy individual stocks.
Shareholders are just people who made bad bets.
in bp's case, you bet black, the ball landed on green.
not black like oil. Green, like the way energy should be.
better luck next time. Try betting with the earth, instead of against it.