bp

C'mon, Give Barack Obama Some Credit For Making BP Pay

Jim Newell · 06/16/10 04:13PM

The weak, spineless worst president ever, whose abysmal speech yesterday eliminated any hope for American prosperity for countless generations, is such an evil corporatist that he's... found a way to make BP pay claims. Will he ever "show leadership"?

BP Has a Friend In Goldman Sachs

Jeff Neumann · 06/15/10 05:12AM

Grab your pitchforks! Multinational oil company BP has reportedly hired financial advisors from Goldman Sachs to help with the "mounting liabilities" the firm is facing from the Gulf oil spill. BP has denied rumors it is going bankrupt.

Environmental Disaster Cuts Into BP's Profits

Jeff Neumann · 06/14/10 04:02AM

56 days of pumping crude into the Gulf has so far cost BP $1.6 billion, and the company's share price has dropped by over a third. The firm might defer its second quarter dividend—an estimated $2.5 billion. [AP]