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BP - How much you wanna bet - they are going to file bankruptcy

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posted on Jun, 2 2010 @ 03:02 AM
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Looks like Goldman Sachs knew something.

moneycentral.msn.com...




posted on Jun, 2 2010 @ 03:07 AM
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reply to post by Anti-Evil
 


Depends...

Is BP a conservative or liberal company?



posted on Jun, 2 2010 @ 04:39 AM
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If BP goes bankrupt, they will have to remove all their sun-god logos.

Can't see it happening. Can certainly see a "name change" happening, though.

[edit on 2/6/10 by NuclearPaul]



posted on Jun, 2 2010 @ 09:49 AM
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reply to post by boondock-saint
 


I'm not talking about a bailout of BP. I'm talking about a bailout of the US insurance industry, e.g. AllState, StateFarm and the like. The reininsurers as well. I can easily see how they will not be able to meet obligations as most of them are'nt sitting around with several $bn in cash due to the nature of their investment portfolios.

If I was living down there and had a claim, I would get that claim in ASAP.



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