is bp in danger of going bankrupt

Don Quixote

cancer survivor
Contributor
bp's liability is great and will exceed 20 billion

a few things;

they still have to pay a fine for oil lost

pay for businesses that lost money

pay for jobs lost

(including collateral losses)

the results of this disaster will last for more than 20 years

the value of bp has declined steadily (stock losses and other potential losses such as the us refusing to continue contracts with bp)

a lot of bad press

other governments requiring stronger oversight and more money set aside in escrow accounts against future possible spills
 
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