[QUOTE=company man 1;38072]Alf, it’s nice to read you again. So you decided to skip romper room today? You didn’t miss much. I still have a problem with them stating that they waited on cement for 16.5 hours when I read on the driller’s log that they tested the cement @ 1100 hours. that was only 10.5 hours after pumping cement. What position do you think the muckity mucks are trying to assume? Are they playing to their British shareholders? Are they just trying to spread the liability around? Are they just trying to keep 6 degrees of separation thereby keeping themselves form the grey bar motel? Or is it a combination of the above?[/QUOTE]
cm1,
Of the three possibilities you listed, the train has already left the station on the first. BP is now a company that has shed more than half of its market capitalization, its worth, in less than 3 months. It would be a takeover target, but for one ‘little’ problem…
The answer to your question, therefore, is both of the last two possibilities, with the second being the big pound/dollar item, but serving to help the accomplishment of the third.