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Saturday, June 26, 2010

Is BP Headed for Bankruptcy? Part 1

An attorney on national radio Friday stated that if he were advising BP, he would recommend bankruptcy in order to protect stockholder's interests--which is the primary responsibility of any publicly traded corporation.

This leads to the question, is BP headed for bankruptcy?  Conservative Examiner explores the issue.

As this disaster continues to spread, it is becoming clear that BP cannot afford the massive cleanup.

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