BP Complaints

CS Sees Total BP Oil Spill Cost Up To Billion, To Eat Up 3 Years Of Free Cash Flow, Will Require 10% Rise In Gearing
Some more bad news to BP, and to all those chattering heads that due to BPs tens of billions in cash, any cleanup costs are just a drop in the bucket. Credit Suisse has just come out with a new estimate of total clean up costs and liabilities to BP: the Swiss firm sees BP paying between and billion in clean up costs plus billion of claims. The punchline: ” This would absorb 3 years …
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