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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 06:43 AM Original message |
BP's $70 billion whipping - "might be the subject of a takeover" |
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rpannier (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 06:50 AM Response to Original message |
1. Like to have seen the post |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 06:56 AM Response to Reply #1 |
2. Here is the article I referenced: BP hit by avalanche of compensation claims |
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DrDan (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:02 AM Response to Original message |
3. if there was a takeover, would liabilities disappear? |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:06 AM Response to Reply #3 |
4. Good question! I doubt it but would they be limited? Anyone know? n/t |
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DrDan (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:07 AM Response to Reply #4 |
5. if not, it would be insane to get anywhere near a takeover |
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Paper Roses (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:08 AM Response to Reply #3 |
6. If the liabilities do not disappear, why would another company |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:11 AM Response to Reply #6 |
7. It came from the quote in the article by Douglas Youngson, Oil analyst: |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:13 AM Response to Reply #3 |
8. No. (and info on why another company might still want to buy them). |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:15 AM Response to Reply #8 |
9. Thank you for the reply. Even I can understand that one Statistical. n/t |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 08:48 AM Response to Reply #8 |
12. I would like your opinion on the fact that BP is self-insured. From the article quote below: |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 08:58 AM Response to Reply #12 |
14. That seems to conflict with this... |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 09:12 AM Response to Reply #14 |
16. Fascinating data! I had no idea of all of this as I am sure a lot of others don't. Thank you! n/t |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 08:46 AM Response to Reply #3 |
11. In General, No |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 08:51 AM Response to Reply #11 |
13. This is what I am talking about! Few people seem to know about that! Thanks for posting! |
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DrDan (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 09:33 AM Response to Reply #11 |
18. my gosh . . . so KBR can file bankrupcy and settle all liabilities - with apparently no other |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 10:31 AM Response to Reply #18 |
19. I Don't Know the Circumstances |
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Scuba (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 07:17 AM Response to Original message |
10. Nationalize now.... |
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Spoonman (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 09:10 AM Response to Reply #10 |
15. Who will compensate the victims of nationalization? |
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Scuba (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 10:51 AM Response to Reply #15 |
21. You pay them off with future profits, after all the business expenses are covered... |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 09:17 AM Response to Original message |
17. Some DUer's are repeatedly unrecing this post. DLCers? I heard Harold Ford this morning on M Joe |
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Javaman (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 10:49 AM Response to Original message |
20. Right there with you. |
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1776Forever (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 11:45 AM Response to Reply #20 |
22. Thanks - You probably saw this but I am posting it again to further the case: |
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Javaman (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 11:59 AM Response to Reply #22 |
25. Yup. |
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AngryAmish (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 11:47 AM Response to Original message |
23. Buy it, change the name, install new management, profit. |
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blindpig (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 11:51 AM Response to Original message |
24. Expropriate without compensation now, while it's still there |
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Divine Discontent (1000+ posts) Send PM | Profile | Ignore | Wed Jun-02-10 03:05 PM Response to Original message |
26. not sure how it could play out, but it comes down to how much damage they will be ordered |
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