Yesterday, BP Chief Operating Officer Doug Suttles expressed his optimism that both his company and the Gulf will “will fully recover.”
While BP’s handsome profits will almost assuredly allow the company to survive the disaster, the impact on the Gulf caused by the release of 60 million gallons of oil is another matter.
The ecological catastrophe will drag “BP’s reputation literally through the muck,” observes The Wonk Room’s Brad Johnson.
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