US Should Seize BP's US Assets ?

Qucik Fact Check:

BP is a Public Limited Company meaning anyone can buy shares in it (if they can find a seller).

BP might have the Royal insignia but that doesnt mean the Queen is a major share holder or has anything to do with the running of the company....

BP is in fact owned by the Global Financial Services industry as a whole which uses the "real" commodity to balance off it's "imaginary" gains and losses.


The reality is that we ALL own shares in the "SuperMajor" Oil companies as global capitalism and the governments that borrow from the mecahnism all rely heavily on the big 5/6 Oil production firms for revenue, taxation and strategic reasons.

In the UK virtually half of the entire UK state pension fund is secured on the continued success of BP via the various funds that make up the UK holdings.

In the US JP Morgan Chase own a massive slice of BP which would have massive implications for them if the fine was levied on the US operation.

OPEC oil producing states/countries also hedge their bets on US /Euro Oil as it makes great sense for them to invest in a market they partially controll....


BP will make a sizeable token gesture to avoid being fully investigated and the combined influence of Oil and Finance will ensure this is swiftly brushed under the carpet...much to the delight of Obama haters....

Originally posted by Merriman Weir

Originally posted by Rockpuck
reply to post by jefwane

 

Right, I get it......... but it's still a British company..

It's not a British company though. How many times does it need to be said? Also, why are Transocean getting such an easy ride in all this?

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What are you talking about? Of course BP is a British company.

"BP plc[2] is a British global energy company which is the third largest energy company and the fourth largest company in the world. As a multinational oil company ("oil major") BP is the UK's largest corporation, with its headquarters in St James's, City of Westminster, London.[3][4][5] BP America's headquarters is in the One Westlake Park in the Energy Corridor area of Houston, Texas.[6] The company is among the largest private sector energy corporations in the world, and one of the six "supermajors" (vertically integrated private sector oil exploration, natural gas, and petroleum product marketing companies).[7] The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index."

Source: en.wikipedia.org...

[edit on 6-6-2010 by manta78]