[quote=briansd1][quote=Arraya]haha What are the gonna do, declare war. Besides most will get to keep their jobs, they will just be under new management. The government and media have the power to let BP live or die like the old Roman empires that sticking their thumbs up or down to decide the fate of gladiator. [/quote]
Arraya has it right.
The business units of BP will be transferred to new American management. BP will likely end up a legal bankrupt entity.
Makes perfect sense to me.[/quote]
Brian. I think you have it backwards. If any reshuffling is going to occur at BP, it’s going to be
1)Creating a BP USA and separating it from BP international…
2)Having BP international assume the very profitable international businesses with the nicest assets.
3)Sticking BP USA with the liabilities of the Gulf…
There’s another company that did such a thing when dealing with lawsuits… Phillip Morris aka Altria.
You can do some research on that company too for their reasons for splitting Altria into altria+Kraft+Phillip Morris International, (along with Texaco/Penzoil, though Texaco isn’t as relevant)…Altria takes all the domestic issues, tobacoo issue, PM International deals with all the international businesses and Kraft is kraft…Again, I don’t see how BP’s international would be affected by this..unless BP is really moronic and not planning for something like this. I’m pretty sure, they are spending more time thinking about an exit strategy right now rather than cleaning up this mess.
BP doesn’t really need to do anything creative with it’s reorg…Namely, because there are plenty of companies beforehand that can already provide them with a playbook, or two, or three.
