Trust has nothing to do with it. We're talking opportunities to make money here. I don't know what the smart money says at the moment but it wouldn't surprise me in the least if someone started characterizing BP as "a buy" in the coming weeks. Seems to me stocks and bonds are rarely about things like 'trust' or 'morality.' It's of a game of strategy. Unless BP disintegrates (something I do not expect, given its sheer size), the old adage of what goes up must come down can be turned on its head. If it's low now, rest assured it'll go up again.
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Max