Yesterday BP saw a huge decline in it’s value as their stocks lost 15% of their value: As BP hacked away at a pipe gushing oil at the bottom of the Gulf of Mexico, investors sawed off 15 percent, or $21.1 billion, of the company’s market value Tuesday. Some are pointing to the announcement by […]
Feds Looking Into Criminal Charges Against BP
About damn time: A team of top federal prosecutors and investigators has taken the first steps toward a formal criminal investigation into oil giant BP’s actions before and after the drilling rig disaster off Louisiana. The investigators, who have been quietly gathering evidence in Louisiana over the last three weeks, are focusing on whether BP […]