Comments on: Cutting BP’s dividend would improve its image

By: kar

kar — Sat, 12 Jun 2010 20:08:50 +0000

I, along with most other people in the US, now realize that many British pensioners get a lot of their cost flow from BP dividends. Many of us own mutual funds heavily invested in BP, and we are on the losing end, too. It was not our intention to deprive retired folks of their income. The US congress was responding to the economic hurt that has deprived hundreds of thousands of folks along the Gulf, and their suppliers and customers, of income, too. Many of them have very shallow pockets, too.

Our quarrel is not with the wonderful British peeps, but with a corporation that has placed profit before basic safety. Anyone in the UK see the 60-Minutes program with the rig survivors who told the story about BP’s decisions leading to the rig explosion? (I’m pretty sure it’s available online at cbs.) It’s an eye-opener, unless you’re not interested in versions other than BP’s.

By: AKS

AKS — Thu, 10 Jun 2010 12:29:45 +0000

With all the talk of Obabma insisting that BP does not make any dividend payments I’m left wondering if he is going to insist the same for Transocean and Haliburton.

But they’re American companies so I’m probably kidding myself.

Equally I’m bemused by the latest statements about making BP pay for the costs of other drilling companies that are losing because of the US government’s moratorium.

As America now apparently hates oil companies so much, maybe it’s time they stopped using oil.

By: John Guinan

John Guinan — Thu, 03 Jun 2010 18:12:36 +0000

I just want to wish BP staff the best of luck with their trying to stem the oil leak. It was an accident and I feel sure you are doing your absolute best to fix the problem. You should be getting support from the americans not just continuous criticism. Good luck to you all, from John G ( a 72 year old scouser),