...that BP has agreed to put 20 billion dollars into escrow to be used for payment to those affected by the oil spill.
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Last edited by theking; 06-16-2010, 08:10 AM.When you're running down my country hoss...you're walking on the fighting side of me!
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When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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probably they should put up about 500 billion
cause 20 billion wont even cover the cleanupTelegram PhoenixBrad
https://quantads.ioComment
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LOl @ those who invested into BP recently, thinking they'd bank on it
They will go bankrupt paying out the damages for life.Comment
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This is a bigger spill then Exxon's but they didn't go bankrupt and in fact the billions in payouts barely put a dent in them and they did not pay damages for life either. I do not look for BP to go bankrupt.When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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BP pays out apporximately 10 billion dollars per quarter in dividends to its stock holders and even after paying out the dividends the company makes a profit of close to 20 billion per year. So no this spill will not bankrupt them.When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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So that $20bln (which is an expense and a tax deduction) costs them $13.34bln and they still make money for the year.Last edited by DateDoc; 06-16-2010, 08:50 AM.
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escrow? Why not pay everybody with paypal while they are at it.---
ICQ 14-76-98 <-- I don't use this at allComment
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When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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If BP demands Tax returns to back up damage claims their wont be much to claim.
People like fisherman, Sport Fishing Captains, Bars, Hotels etc are mostly cash businesses that pocket all the cash and only pay taxes on credit card receipts and then load all their personal expenses onto the business to minimize taxes, So all BP has to do is say give me your last 3 years tax returns and we will reimburse you on that basis and the damages go down close to zero.Comment
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Hurricans...permitting the two relief wells are supposed to be completed sometime in August and one of the two wells...we are assured...will top the leak. But yes at this point no one knows for sure when it will be stopped...or the real extent of the environmental damage.Last edited by theking; 06-16-2010, 09:10 AM.When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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When you're running down my country hoss...you're walking on the fighting side of me!
FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.htmlComment
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QFT...Most of the leaking oil is staying deep below the ocean, going god knows where. There is no assurance at all the relief wells will get the job done. thats why they are drilling 2 wells, because 1 might not work.
I hope there is a god & he puts an end to this. Because trusting BP to do it with their track record is downright scary. Not only could a part of the atlantic be fucked, but hurricanes might bring a surge of brown water miles into the gulf coast mainland. Thats when cleanup costs would put BP out of business.
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BP isn't going to go bust. Do you think the Govt will allow that to happen? Stupid comments.Comment
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