At least a half dozen AMERICAN states have BP stock in their pensions. NJ alone had $51billion dollars invested in BP.
Teachers, firefighters, state workers, etc. have their funds invested in BP.
If BP declares bankruptcy due to Obama/Holder’s threats then the US taxpayer will be harmed doubly. From the economic disaster from the spill and the loss of billions in pension funds.
The suffering and hardship of Americans who live along the Gulf coast trumps that of British pensioners.
That’s how I see it.
Plus the increased taxes to cover the depleted pension funds.
obama will blame the coming Depression II on the BP spill alone.