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Is BP Headed for Bankruptcy?

 
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topicmaker
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PostPosted: Thu Jun 10, 2010 4:30 pm    Post subject: Is BP Headed for Bankruptcy? Reply with quote

How low will BP stock go? Today's guess: All the way to zero. Already, the oil spill in the gulf has caused BP shares to drop to $30 from $60. That's a loss in total market value of $90 billion.

The idea that BP might one day file for bankruptcy, particularly as part of a merger that would enable it to cordon off its liabil...read more
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