UPDATE 1-UK's Cameron-clarity needed to avoid BP "destruction"

How Ironic … This should be a lesson to all CEO’s of large corporations , that to save money over safety costs it does not pay and as in this circumstance proves the point, It is obvious BP”s management were too concerned with profits and not enough safety costs as they were presented to them just prior to this major incidence.
Now it is unfortunate that the piper has to pay with the possibility of a demise of an important company . UK. can you blame the Americans ???? wouldn’t you demand the same respect and retribution from an American company should it had happened in your back yard !!!

erm obvioulsy yes we would but that’s not the point is it. the point is the antichrists erm I mean obamas handling of the situation that caused the huge backlash against BP in the first place which then caused the 100 billion being wiped from it’s funds. what will happen when they go under and have no money left ? who will pay for the clean up then ? no one!

The first part of this response was sensible the second part was almost bait.
It was called Piper Alpha – I think you will find the “piper paid”.

As for “blame the Americans”, why not? it is clear that an American rig, with American contractors following American legislation did this. Big businesses like BP will push that is what they do and they certainly will need to take some of the blame but blaming everything on BP is not correct I am deafened by the silence in the area of common sense here. BP agreed to pay damages and clean-up while Obama was still on Holiday and yet all we hear is noise from the hill.

I am sure BP global still think they can save the situation but I think it is time that BP America was declared bankrupt and the BP globally should move on without it.

Uh, I just have to point out one thing here, since the irony is too much. An AMERICAN owned company, Union Carbide, killed 1000’s of Indians (That’s East Indians for those of our trailer-park friends in the red states). We didn’t force our American company to take anywhere near the same level responsibility as we, as a nation are putting on BP. Apparently fish off the Gulf Coast are more important to Americans than the 15000+ innocent Indians that one of our companies poisoned. You think we made Union Carbide set aside even a 1 million dollar fund to compensate? Think again.. We allowed the company to fight it in court all they wanted. The incident happened in 1984 and they just finished hearings about the incident last week.
Not excusing BP for anything, but Americans, en-mass (and I’m one, are the biggest f-en hypocrites in the world.. PERIOD. Read about the Bhopal disaster if any American out there even gives a s*&t about the rest of the world.

If BP has self destructed no one can help them. Many large corporations have plunged into the abyss as of late due to a culture of greed, and ingrained habits of cutting corners to pad profits. It was only a matter of time before this caught up with them.

The question of what BPs liability will be cannot be answered until the oil stops flowing, and the mess is cleaned up. Only then can we tally the bill. No one knows when BP will finally stop the toxic sludge from poisoning 1/3 of the water, and shoreline surrounding the United States, and no one knows how much it will cost to clean that up, but I would guess that it will cost quite a bit. If I were David Cameron, I wouldn’t stay up at night wondering whether BP is going to make it out of this calamity alive. I would be wondering if Great Britain could somehow be held liable for the behavior of what is clearly their favored son.