Tuesday 8 June 2010

Scumbag Capitalism

Is this right? BP has to pay shareholders massive dividends in order to reassure the city that it is in good health. This at a time when BP is struggling to appear moderately competent as it battles with the Gulf oil leak and is facing umpteen legal challenges. 

Therefore BP has to do the wrong thing for the wrong reasons at the wrong time to satisfy the city. Hmmm.

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