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.
http://econotwist.wordpress.com/2010/07/02/so-you-thought-bp-was-an-oil-company/
http://usawatchdog.com/pedro%E2%80%99s-nightmare-bp-scenario/
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