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The High Price of the Oil Disaster

June 1, 2010, 6:30 pm
by Claudine Zap While oil is hemorrhaging deep under the sea, BP , the company responsible for the Gulf of Mexico spill, is losing pots and pots of money. Not that a lot of people are crying for a bunch of oil executives. Except, maybe, their stockholders, who suffered a 14% one-day drop on the stock price. One gloomy analyst noted that with the potential for even more damaging news, the company reeked from the " smell of death ." Estimates of total losses,

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