I wasn't really that offended, or my persiflage wouldn't have been at all genteel. Apology accepted in any case.
OT:
I'm not trying to suggest that the cheap purchase of BPs shares by American investors is the sole motivation for the ongoing PR campaign against BP, however I am suggesting that there is more to this than righteous fury. As you note yourself, BP is largely American owned already, with 39% of its shares held in the US. Whatever the motivation for it, the loud noises emanating from Washington have contributed in a significant manner to the plummet in BP share prices, 52% in 50 days. Let's not forget that BP also employs a very large number of Americans. Why would the US government damage the interests of its own citizens?
There are several reasons, not least that building the oil spill into a national crisis might be thought to be good for the polls, but I don't think it's so far fetched to suggest that the economic benefits of full American ownership of BP are hard to ignore, especially when you've got a powerful lobby group reminding you of the fact. BP is a hugely profitable company, previously paying out $10.5 billion dollars per year in dividends. 39% of that currently goes to US investors, and a slightly bigger share of that pie wouldn't do any harm to the US economy.
EDIT:
Indeed. I'm not suggesting that President Obama has sat down in the oval office and spelt out this strategy for the take over of BP, but given the economic arguments in favour of a fully American BP, how hard would it be to persuade a few government advisers that stepping up the pressure on BP is the sound and just thing to do.I don't think Myddraal was saying the US government was trying to take over BP, but that the US government was being used by those who want to take over BP.
Note that I'm also not trying to defend BP. The payments they will make, and the suspension of dividends are justified and fair. The witch hunt which is being performed by American politicians on both sides of the political divide, which has resulted in an excessive drop in BP's share price, is not justified or fair (one could say).
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