Just the Obvious

The BP oil guys finally came to a conclusion over all the lawsuits for the oil mess in the Gulf.  The pay-out?  $7.8 billion.

By the time that the lawyers and the thousands of folks get to the conclusion of the pay-off.....I doubt if any single fisherman gets what they really thought they deserved.  They will sit there in shock.....having thought back in 2011 that they'd get treated right for their bankruptcy episode.  It just won't be that way.

Who gets money from the pot?  Cleanup folks, fishermen, just everyone who claimed damage or sickness, hotels, pubs and bars along the Gulf, and local town councils.

By the end of 2013, I would imagine that lawyers will take roughly forty percent of the money....because of the man-hours they put into this.  Most folks will laugh over check for $1k and wonder what idiot made the decision that this was all they'd get.

For BP?  Their stock will rebound by next week, and everyone will be very happy over the settled sum.