would it be a good solution if UK effectively bailed out BP by loaning the company 20B to 40B for a term of 5 years, then everyone including the environment would be happy. The loan could be provided at a very low interest rate for example to BP. BP then can contemplate of selling some of its assets at good prices down the line. . .
But the governments bailed out the financial companies and the auto makers with 100s of millions of dollars. I just think it is politically beneficial and shrewd to save pensions and stock investors by providing a asset guaranteed loan at this critical point. Didn't Uk say it is will to help, then put some actions along your words.
This is the 'Chicago Way' that everyone voted for - most call it extortion. Extortion, along with it's opposite of bribes, have been a part of Chicago politics for years. This is the Chicago Way, either extort or bribe to get what you want politically. BP and the UK better stand pat and say, no thanks to Obama, or else this is just the begining of extortion payments.