BP puts aside $20Bn guarantee to clean up oil.

When a company can put aside almost as much as a country (Japan) you have to stand back in awe.

BP has put aside $20Bn in funding and apologised for the largest environmental disaster in history today.

The move comes after pressure from both Barrack Obama and the US grew over the last two weeks and the press featured some shocking photos of the disaster.

BP's share price remains as choppy as the handling of the disaster.



What's up Jono? http://www.whatsupjono.com/ Breaking Business News, Analysis, Trends, Charts and Opinion
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
DISCLAIMER

Although information and opinions are covered in this blog it is not the express intent of the writer(s) that readers take opinion as advice. We are not liable for any actions that come from any topics covered and would like to clarify that whatever opinion that is voiced in the blog is of a general nature and not to be followed without the help of a professional advisor. For any specific advice please seek the advice of a professional financial advisor.