BP comes up with a new boom to save its oily skin – poor pensioners
You may not want to hand it to them, but they’ve come up with a wizard wheeze. They have – in the current favourite cliche – changed the narrative of the oil leak disaster.
The new angle is the poor pensioners. Ah, God love them, you wouldn’t want them impoverished by harsh action on the part of US President Barack Obama. Sure, they had nothing to do with the explosion and continuing leak. They’re innocent. They learned about it at the same time as the rest of us. If, accordingly, BP were forced to pay up for all the damage they’ve done, the company would be nearly bankrupt and the pension funds that have huge shareholdings in BP wouldn’t be paid a dividend thereby reducing the poor pensioners to penury.