Will the Oil Spill Bankrupt BP?

Monday, June 07, 2010

BP has promised to clean up "every drop" of the spill. This is an expensive prospect, which has prompted business analysts to advise investors to sell their BP stock. With the cleanup costs and the possibility of litigation, investors may be betting that BP is going down. However, is the company facing banrkruptcy? The New York Times Wall Street and finance reporter Louise Story reports on Wall Street's reaction to the crisis.


Louise Story

Produced by:

Hsi-Chang Lin

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.