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Tron_fdc · 06-10-2010, 08:35 AM

I wonder, would the government look at taking over BP before they declare Chapter 11?

It might actually work out in the long run. Take the company over when they're at their lowest possible stock price, spend billions of taxpayer $$$ to fix the well, fix the gulf, start producing, watch the stock go up, PROFIT.

I'm looking at it purely from an economical standpoint, of course, but the opportunity is there.

06-10-2010, 08:35 AM	#390
Tron_fdc In Your MCP Join Date: Apr 2004 Location: Watching Hot Dog Hans Exp:	I wonder, would the government look at taking over BP before they declare Chapter 11? It might actually work out in the long run. Take the company over when they're at their lowest possible stock price, spend billions of taxpayer $$$ to fix the well, fix the gulf, start producing, watch the stock go up, PROFIT. I'm looking at it purely from an economical standpoint, of course, but the opportunity is there.