Buffalo Boy's Blog

I couldn't believe the report yesterday that BP had to assure investors of their ability to pay for the mess in the gulf and that BP would have money for dividends.

Stop right there. I don't think BP really realizes how much they are on the line for here. They not only have years if not decades of clean up costs ahead of them, they also have years, if not decades of covering losses suffered by tourism and fishing industries as well as any other related losses incurred by gulf coast residents.

And why are they worried about profits for their investors and themselves for that matter? The biggest environmental disaster probably in human history at this point and their investors are worried about profit?

BP cheif executive Tony Hayward needs to get his head out of his ass and stop worrying about investors, profit and getting his life back and focus more on the clean up of the mess that his company caused.

It was greed and want to save the almighty dollar that led to the lack of safety measures that caused this mess, so to see this trend continue is disturbing

At this point BP shouldn't be worried about profiting their investors, their investors should be worried about BP surviving this mess.