Just a quick note.
As an investor in stock myself, you're taught to dump a stock if your company gets involved in a serious lawsuit. It's done to preserve the capital you accumulated.
Obama should have concentrated on fixing the oil leak and containing the oil. BP wasn't going anywhere. With all this law suit threats BP has lost over 30 market value and it's not because of the leaks.
But, Obama doesn't know anything about free markets and capital, so this is what you get with a man without business experience .
The Last Tradition
Thursday, June 10, 2010
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