Look who gets hurt the most if the US comes down hard on BP!
BP Share ownership as at 31 December 2011
Percentage of BP shares in issue:
Institutions Individuals Total
UK 32 3 35
US 24 14 38
35% of shares are owned by UK institutions & individuals
38% owned by US institutions & individuals
Am I reading this correctly? Funny thing is that the institutions are made up of pensions funds that are middle class individuals.
Is the US really willing to try to bleed this company dry to prove a point?
I love the US of A ,but these gutless bast..rds that are running it only care about how the takers will respond and re-elect them when they take away from the producers and give it to the takers.