Follow to PJ's link article on the exposure of...

Follow to PJ's link article on the exposure of BP

http://econotwist.wordpress.com/

So, You Thought BP Was An OIL Company?

In fact, there isn?t that much of a difference between BP and Lehman Brothers ? both have been among the major players in the unregulated $615 trillion OTC derivative market. If BP is forced to file for bankruptcy, it will probably have an even greater negative impact on the financial markets than the Lehman failure caused.



The pictures of the beach life in oil contaminated beaches

Cut n paste below

http://www.businessinsider.com/surfers-swimming-oil-spill-beaches#note-the-black-specks-behind-surfer-mike-dangerfield-are-tarballs-1