And so BP says we’re doing this and we’re going that, and we’re committed to the environment; I call bullshit.
They’re screwed big time. They’ve more money going out the door than they could ever imagine. It’s got to look like a money tree going through a wood chipper, and the investors must be racing to jump ship.
While the company continues to deny the rumors of bankruptcy… It’s on everyone’s mind…
British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said on Saturday.
"I have a concern that BP is stalling claims. Yes, BP is stalling. I doubt they are stalling for money. It’s not that. I just don’t think they know the answers to the questions (by claimants)," Feinberg told reporters.
Feinberg was speaking on the sidelines of a town hall meeting in southern Alabama at which fishermen and other business owners expressed frustration and anger at what they say is a slow and complex claims process that lacks transparency.
I really feel bad for the people they put out there on the front lines.
I understand that BP wants to put on a good face, but when this goes south the faces responsible will be hit pretty hard.
…and that beats all.
