Is it just me or does the BP boss, Tony Hayward, has one of those faces you feel sorry for? I know, no compassion for BP, but watching the man squirm before the congressional hearing today, I almost felt bad for him. Ok, enough sympathy. Now let's get that Gulf gusher plugged, shall we? — Continue reading ยป
Pelican in BP Oil
If MSNBC was trying to evoke feelings of sympathy and anger in its viewers today, it really came through with the picture of this defenseless bird covered in rust-colored BP crude oil. For me it sums up how reckless and callous oil companies are and how ridiculous the "drill baby drill" people sounded. You figure — Continue reading ยป
BP Dividends in Jeopardy
As stated in my previous post, that 9.2% BP dividend yield was just wishful thinking. Now comes the word that lawmakers want BP to suspend any dividend payments because obviously the company has gotten one hell of a liability to deal with and paying the shareholders instead of the victims isn't going to sit well — Continue reading ยป
BP's Nightmare
There seems to be no end in sight for BP's plight. The oil well is still gushing, the stock is bleeding, and there's word of a criminal investigation. BP's stock got hammered today to the tune of $20 billion. It also doesn't help that BP is a European company and Europe is still grappling with — Continue reading ยป
BP's Nightmare
There seems to be no end in sight for BP's plight. The oil well is still gushing, the stock is bleeding, and there's word of a criminal investigation. BP's stock got hammered today to the tune of $20 billion. It also doesn't help that BP is a European company and Europe is still grappling with — Continue reading ยป