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Thread: BP posts $17bn loss after oil spill

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    BP posts $17bn loss after oil spill

    BP posts $17bn loss after oil spill - Business - Al Jazeera English
    BP has reported a record quarterly loss of $17bn in the wake of a major oil spill that it has been trying to stop for months with limited success.

    The company also announced it planned to sell assets worth up to $30bn over the next 18 months and cut its net debt to between $10bn and $15bn in that period.
    Ouch. I cant say I'm stunned but I cant help but feel a small sense of satisfaction. Sloppy business practices rarely cost businesses what it should and in this case, it might cost BP everything.
    I'm Done

    See my last post

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    BP posts $17bn loss after oil spill - Business - Al Jazeera English

    Ouch. I cant say I'm stunned but I cant help but feel a small sense of satisfaction. Sloppy business practices rarely cost businesses what it should and in this case, it might cost BP everything.



    Yes. satisfaction that there is 17b less to pay for damages. Awesome!
    Let evil swiftly befall those who have wrongly condemned us

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    BP posts $17bn loss after oil spill - Business - Al Jazeera English

    Ouch. I cant say I'm stunned but I cant help but feel a small sense of satisfaction. Sloppy business practices rarely cost businesses what it should and in this case, it might cost BP everything.
    Unfortunately, I don't feel the slightest satisfaction in all of this. If BP goes down, they won't be able to pay for any additional cleanup costs/additional spill damage that may arise.

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Reverend_Hellh0und View Post
    Yes. satisfaction that there is 17b less to pay for damages. Awesome!
    Not a perfect ending, if I had it my way I'd confiscate and sell any US based BP assets to pay for the damage.
    I'm Done

    See my last post

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    Not a perfect ending, if I had it my way I'd confiscate and sell any US based BP assets to pay for the damage.


    that's cause yuse a commie.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Reverend_Hellh0und View Post
    that's cause yuse a commie.
    Socialist, actually. Stark difference.
    I'm Done

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    Socialist, actually. Stark difference.

    Personally the difference between those two philosophies is the difference between poop and crap, both stink.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Reverend_Hellh0und View Post
    Personally the difference between those two philosophies is the difference between poop and crap, both stink.
    Just out of curiosity, how much have you actually looked into these ideas?
    I'm Done

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    Not a perfect ending, if I had it my way I'd confiscate and sell any US based BP assets to pay for the damage.
    So, even though BP is paying for the clean up costs... you would seize all their assets to pay for the clean up costs? What on Earth would be the point of that?

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    Re: BP posts $17bn loss after oil spill

    Quote Originally Posted by Hoplite View Post
    Just out of curiosity, how much have you actually looked into these ideas?



    Alot...



    Tell me what's the difference between the two, in summary, in your own words. thanks.
    Let evil swiftly befall those who have wrongly condemned us

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