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View Full Version : Thinking about BP and chapter 11........



Ponce
10th June 2010, 11:12 AM
I was reading that BP "had" to file for chapter 11 in about three weeks...now then, they own hundred of oil producing wells ......... what could happen: as a British company, can they declare chapter 11 in the US?........and also........if each oil well is a separate LTD they could then declare a chapter 11 ON THIS ONE WELL and be safe running the rest of them and loose no more money.

Some of you who are "smarter", not intelligent, than me should do a search on the above an find out if each well is a LTD and then inform the government about it........that way the government can pre-prepare for the attack.

Also........they are thinking about burning "some" of the oil......however.....if somehow the above oil fire warms up the water it could make the below the ocean oil come to the surface which will make MORE burning oil and with no end in the near future...

Just thinking...........your opinion???