Time will show who the ignoramus really is. The fear of the absolute worst outcome has been and still is way over blown. People forgot Ixtoc quickly and it was bigger than this by far and went for 9.5 months, not 3. Yes, many people are angry now, but many of them won't see a dime since their claims of being affected are bogus from a legal stand point.
There is no shame in buying this stock. Buying this stock on the open market does nothing to help BP. If you want to finance a company, buy shares at an IPO, or lend them money (buy their bonds.) Even so, is BP any more evil than MO? Own any MO shares?
Blame the people who dont follow procedures and always looking for short cuts. It was bp and whoever else was supposed to monitor their drilling. Nothing to do with being anti american..wake up and live.
$15 billions in clean up?? LOL they havent even started yet and have spent 3.5billion.
Keep telling yourself that, Dorothy, and click your heels at the same time
$100B in assets minus maybe $15B clean up (at $3.5B now) leaves $85B in assests. US govt has $2T debt, no assets to cover it, except your tax bill. BP is a small distraction of your conscience away from the real $2T mess. Obama is loving it.