Toro
Diamond Member
Thus in our view, U.S. government pressure for BP to cut its dividend is completely absurd. The huge company will most likely be able to manage any clean up costs, and could even cut its dividend in the future if otherwise. The U.S. is increasingly behaving like a banana republic in the way it treats companies, resorting to rhetoric over logic.
Read more: Citi: BP Is So Huge It Could Survive Multiple Deepwaters