
Nasty Pajamas |

BP's stock is making funny sounds.
Ker-plop.
So, here we go with 50 years of lawsuits. At least the lawyers are happy.

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I wonder how to file a lawsuit against BP? Does anyone know how to start a lawsuit?
You have not been getting the "oil spill lawsuit", "BP lawsuit" and "Loisiana lawyers, contact now" spam e-mail for oh, the last two to three weeks or so?
At least the "huge results, guarenteed" and "Canadian viagra/cialis from Mexico" e-mails have stopped......
Come to think of it, no one from Nigeria has contacted me in quite a while.
But seriously, I am sure there will be several legitimate class action suits being filed soon. Just add your name to one of them, I guess

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Tom Carpenter wrote:But seriously, I am sure there will be several legitimate class action suits being filed soon. Just add your name to one of them, I guessAnd the lawyers will take 50% right off the top before any of the actual victims see a dime. Or is 50% too conservative of an estimate?
The lawyers will get the cash and the participents will get a coupon good for 5 gallons of regular unleaded at any participating BP station.
(Good in the continental US only. Open to licensed drivers age 18 years or older. Usable on the third tuesday of any month, but only if a full moon occurs on said day and it does not rain.)Or do I sound a bit cynical?

Patrick Curtin |

Yknaps the Lesserprechaun wrote:I'm tempted to dial that number just to see what would happen.Here's a number you can call...
911-8678
When they answer, tell them you want to order a pizza and file a lawsuit. They'll send someone right over to help.

Tensor |

BP's stock is making funny sounds.
Ker-plop.
Were you thinking of a naked short position?

Bitter Thorn |

Jason Ellis 350 wrote:Tom Carpenter wrote:But seriously, I am sure there will be several legitimate class action suits being filed soon. Just add your name to one of them, I guessAnd the lawyers will take 50% right off the top before any of the actual victims see a dime. Or is 50% too conservative of an estimate?The lawyers will get the cash and the participents will get a coupon good for 5 gallons of regular unleaded at any participating BP station.
(Good in the continental US only. Open to licensed drivers age 18 years or older. Usable on the third tuesday of any month, but only if a full moon occurs on said day and it does not rain.)Or do I sound a bit cynical?
Given the history of the Exxon Valdez suits, you're being optimistic. As soon as this drops out of the news cycle in a few months BP will fall back to the delay and deny strategy that was enormously successful for Exxon. The people whose livelihoods are being utterly destroyed in the gulf will almost certainly suffer the same fate as Exxon's victims in Alaska.
This assumes that BP's US division doesn't just declare bankruptcy. I don't know if there is adequate legal isolation between international divisions for BP to sacrifice its US operations and minimized damage to its global operations, but I suspect there is.

Nasty Pajamas |

Nasty Pajamas wrote:How can I sue Sebastian?Unless I decide, in my infinite wisdom, to all such a thing to happen, you really can't. So, if you're nice to me I may consider it. I recommend a bribe consisting of hookers and blow.
I'm so happy I had not yet added you to my /Ignore list.
... hookers and blow eh? I'll see what can be done.

Nasty Pajamas |

I can't seem to find an answer about whether BP America is just an operational subdivision or does it have any meaningful legal and financial separation from BP.
Does anyone have any insight into this?
Check out how much much the executives make.
I have to think these guys don't care what happens. They are set up for retirement.

Bitter Thorn |

Bitter Thorn wrote:I can't seem to find an answer about whether BP America is just an operational subdivision or does it have any meaningful legal and financial separation from BP.
Does anyone have any insight into this?
Check out how much much the executives make.
I have to think these guys don't care what happens. They are set up for retirement.
If they are protected from personal liability, which is likely, you're right, but I'm wondering if BP America can file for some form of bankruptcy without taking all of BP down with it.

Bitter Thorn |

BP engineer called doomed rig a 'nightmare well'
I think the engineer's comment referred to schedule rather than safety, but the article has some interesting highlights.

Artificial Intelligence in Games |

Check this out:
GATES (BILL & MELINDA) FOUNDATION . . . $407,080,310 . . . 31-Mar-10
Bill Gates *had* $400 million in BP on 31 March, now he has more like $200 million in BP.
I wonder if Bill is mad?
His portfolio is most likely fully hedged. I'm sure he is fine, and probably didn't even notice it. I hear he has become a video game addict.