Forecasters are starting to say BP will declare bankruptcy to get out of its debts. Union Carbide, anyone?
I can see this happening to BP in the next few years, after it does its 'best' to clean up.
"The Dow Chemical Company purchased Union Carbide in 2001 for $10.3 billion in stock and debt. Dow has publicly stated several times that the Union Carbide settlement payments have already fulfilled Dow's financial responsibility for the disaster. However, Dow did not purchase UCC's Indian subsidiary, Union Carbide India. That was split up, renamed, and bought by the Indian government after the tragedy took place."
http://en.wikipedia.org/wiki/Bhopal_...orate_identity