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Pimco Corporate & Income Strate Message Board

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  • cryptomeria12 cryptomeria12 Jul 13, 2010 3:08 PM Flag

    BP plc

    I'd like to know how much risk is involved in buying BP corp bonds before actually placing a buy order. The damage from the blown out well seems so extensive, I think a bankruptcy in BPs future is almost a certainty. In that case their bonds would tank to unimaginable numbers.I've owned corp bonds from cos that declared bankruptcy. It ain't no picnic for investors. My opinion.

14.80+0.18(+1.23%)May 27 4:00 PMEDT