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Wall Street Bear Discussion Board :: BP is self insured
BP is self insured
P2 Lodge - Sun, May 2, 2010 - 08:03 PM

So they will dodge as much as they can


BP does not carry outside insurance, so will have to bear the full cost itself. Its shares have lost 12 per cent since the accident, including a 1.5 per cent drop on Friday to 575.5p

http://www.ft.com/cms/s/0/5eebc5da-546c-11df-8bef-00144feab49a,dwp_uuid=4068ae36-5447-11df-b75d-00144feab49a.html

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Quick comment on the Gulf oil disaster
EABlair - Sun, May 2, 2010 - 06:21 PM
BP is self insured
P2 Lodge - Sun, May 2, 2010 - 08:03 PM
Re: BP is self insured BP..soon to be...BK [ NT ]
azgoldhound - Sun, May 2, 2010 - 08:06 PM
Yep, this will get Hopey his $10/gallon gas
P2 Lodge - Sun, May 2, 2010 - 08:08 PM
Oh man - imagine all the OTC derivatives connected
EABlair - Sun, May 2, 2010 - 08:14 PM

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