Thursday, June 24, 2010

‘Reasonably high’ chance BP files for bankruptcy | The Climate Desk | Grist

‘Reasonably high’ chance BP files for bankruptcy | The Climate Desk | Grist
Lets consider that a BK by BP would be on the scale of all 5 major banks going BK at the same time, along with England going BK. Really realy bad. The CDS on BP alone would take out everyone. Not to mention the destruction of Pension in England and the USA.

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