Get Ready To Bail Out BP For It's Extinction Event
BP oil spill: Barack Obama and David Cameron agree BP must not collapse
"The US President and British Prime Minister said that the stricken oil giant should "remain a strong and stable company" after meeting to discuss the environmental disaster on the sidelines of the G20 summit in Toronto. The discussions come amid growing worries that the company could never recover from the Deepwater Horizon disaster, which has left BP facing unquantifiable costs and damaged its strategic ambitions.
The two leaders said that the company should "meet its obligations to cap the leak, clean up the damage and meet legitimate compensation claims," but added that "it was to both countries' advantage for BP to remain a strong and stable company."
"The US President and British Prime Minister said that the stricken oil giant should "remain a strong and stable company" after meeting to discuss the environmental disaster on the sidelines of the G20 summit in Toronto. The discussions come amid growing worries that the company could never recover from the Deepwater Horizon disaster, which has left BP facing unquantifiable costs and damaged its strategic ambitions.
The two leaders said that the company should "meet its obligations to cap the leak, clean up the damage and meet legitimate compensation claims," but added that "it was to both countries' advantage for BP to remain a strong and stable company."
posted by nolocontendere at 7:14 PM
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