6.16.2010

Greener: What Obama Should have said

For those who, for whatever reason, continue to say that BP cannot afford to absorb the cost of their own deceptive mischief - here are the facts: BP's annual income, its gross revenue, exceeds $160,000,000,000. In the three months just prior to this crisis, BP's 1st Quarter 2010 revenue was $73,007,000,000 - an increase of almost 55% over the previous year 2009. In that year, 2009, while most of us suffered through the hardest economic times in memory, BP had an average quarterly Gross Profit Margin of 23.36%. Last year alone BP reported a profit of more than $20,000,000,000.

See more: Richard Greener: What Obama Should Have Said: Two Truths And Three Actions


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