If BP goes bankrupt who will pay the bill?

BP has share capital and reserves of US$ 102,113,000,000. The clean up and claims (which will be mostly be against Transocean and it's insurers not BP anyway) are expected to be around $1,500,000,000 or about 1% of what BP has sitting in the bank. Chances of it going bankrupt are therefore less than 2%.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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