I think BP is looking at a death sentence here.

[WeDidIt]

Yep, given the potential damages, BP will probably end up with the corporate equivalent of the death penalty.

They're Dead, Jim.

[tabatha]

1. Just desserts.

[MadBadger]

2. They should change their name

How bout TB?

[bobbolink]

3. The Corporate Death Panels.

[Bluzmann57]

4. No way

They are too big and they have too much money to ever go under. Ever hear of bribery?

[OregonBlue]

11. They will start paying out huge bonuses and dividends and go bankrupt. Leave the U.S. government to

pick up the tab.

[scheming daemons]

5. Their assets will be bought by another company in a merger/takeover

...

[Sebastian Doyle]

6. Bad news is, it will probably be Exxon

or Halliburton. Either of which are as completely despicable as BP. :puke:

[metapunditedgy]

7. Dammit, Jim, it won't change anything! The assets will just be transferred

to other corporations with the same problem, just as happened with the Wall Street bailouts.

Imprison the execs (real human beings) and confiscate their ill-gotten fortunes, or just come out and tell us that change is NOT in the works.

[WeDidIt]

9. The sale ofthose assets will at least go

to families affected by their criminal negligence.

[izquierdista]

8. Put them in receivership

Use their operating revenues to fund the well-capping and remediation. When that is done, in 10 or 15 years, sell off any profitable units to new investors and use the proceeds to liquidate the company. Then the CEO can have his life back.

[geckosfeet]

10. How many other wells do they have in the gulf?

Detailed information on the number and location of wells in the Gulf appears to be,, disappearing. Very difficult to find.

Offshore oil and gas in the US[br />Oil platform
Floaters / Semisubmersible Rigs in the Gulf of Mexico
GPS waypoint search criteria

[ladjf]

12. That would be a good thing. But, I don't think it will happen.

The Republicans have already blocked the 10 Billion liability cap. They would never let BP down.
(Not to mention a few crooked Dems as well.)