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BP plc Message Board

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  • capn_trade capn_trade Aug 3, 2010 10:51 AM Flag

    BP in trouble...selling off pieces for needed cash

    Buying a piece of bp is like buying a factory in the old soviet union.

    the new owner will have to weed out the "pretty boys" and cronies in middle management, add or repair all of the environmental and safety systems, and retrain all the workers.

    the shareholders at apache, et al, better hope that management added a 10% premium to what they paid for the bp "assets" to cover those costs.

 
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