reflexblue

70 Billion in stock losses.......


NEW YORK (CNNMoney.com) --
BP shares sank nearly 15% Tuesday after the company's latest attempt to seal the leaking Gulf oil well failed over the weekend. The selloff accelerated just before the closing bell, when U.S. Attorney General Eric Holder announced a criminal probe into the spill.

Since the accident happened April 20, which resulted in 11 deaths and an oil leak of up to 19,000 barrels per day, BP shares have fallen nearly 40%, wiping out nearly $70 billion in shareholder value. Before the accident the company had a market capitalization of nearly $183 billion. Now it's just below $115 billion.

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S.H.E.S.
I Likes Spikes.

cupofjoe1962

If I ran out of gas, I would walk 10 mles past a BP station to the next station that wasn't named BP.

Time for a boycott of BP !

Holy Diver

BP brands include:

Castrol
Arco
Aral
am/pm
Amoco
Wild Bean Cafe
Safeway gas

wistahpatsfan

Thanks for the info...all dead to me.

How do I boycot the government?

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alvinnf

Buy low, sell high. Anybody ever heard of Exxon?

Leave No Doubt

Guess who? Goldman Sachs sold $250 million of BP stock before spill | Raw Story

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edit...2012 BABY!