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BP Planning $10 Billion Debt Issue
Posted on 6/17/10 at 12:41 pm
Posted on 6/17/10 at 12:41 pm
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BP seems to be trying to line up as much liquidity as they can. May be a signal that their deep pockets are being strained. If BP goes belly up what then?
BP seems to be trying to line up as much liquidity as they can. May be a signal that their deep pockets are being strained. If BP goes belly up what then?
2
Posted on 6/17/10 at 12:45 pm to BeaverPRO
I would assume there will be a lot of people becoming unemployed.
Posted on 6/17/10 at 12:54 pm to Colonel Flagg
Would they be considered a company "too big to fail"? If so who bails them out?
Posted on 6/17/10 at 1:02 pm to BeaverPRO
They really didn't have a great deal of debt before this, so I am not sure it is horrible sign that they are doing this.
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