Buying the BP Bailout Bounce

By John Jagerson,

Shutterstock photo

BP Spill

Investors who were able to take risks on the government's willingness to bailout, Ford ( F ), AIG ( AIG ), Bank of America ( BAC ), Citigroup (c ), etc, etc, made out like bandits following the bounce in 2009. Could the same situation be true for BP? The costs of the spill are monstrous and if we have learned anything about corporate eco-disasters in the past, the current estimates are probably low...  Read More...

BASICS What Happens to Options In Bankruptcy
Why BP is "Too Big to Fail" - Bloomberg

Posted: June 24, 2010  

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Stocks
Referenced Stocks: AIG , BAC , F

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