Thursday, June 10, 2010

Should BP Pay Dividends?

Dear readers of this BLOG,

This is real, folks! BP would prefer to pay their shareholders Dividends than to pay damages to the fishermen who are stopped from working, due to the Oil in the Ocean, near their work-places. The Story is here. Read it!

Who needs the money more, anyway? Shareholders? How about the fishermen who might not be able to continue their business? What should they do? What should BP do? What should Obama say when he meets with BP management soon?

Indeed: I would personally love to see BP management explain why they need to put their money into Dividends to their stock-holders, while they stare oil soaked birds straight in their eyes!

Note: I was unable to look these birds in their eyes without crying. Can the BP management? I really want to know. Seriously!

Thank you and best regards,

Ken Parker, currently in Seattle, Washington, but planning to move to Lousiana, to help with the rehabilitation of the Oil Soaked birds. I'm putting my consciousness where my mouth is. Can BP Management?