Posts Tagged ‘oil spill’
BP has been criticized for offering to pay all “legitimate” claims. However, a recent suggestion of the Obama administration has provided an example of the type of claim that is not legitimate, by suggesting that BP compensate oil industry workers laid off because of the federal moratorium on deepwater drilling. The claims of beach resort [...]
While financial markets are not always right, it is useful to see what they have to say. Chart A plots the stock price performance of the three companies that are most closely tied to the oil spill–BP, Transocean and Halliburton. As you can see, the stock prices of the three companies have been hammered, realizing [...]
About Sheridan
Sheridan Titman is a professor of finance at The University of Texas at Austin and a research associate of the National Bureau of Economic Research. He was recently elected Vice President of the American Finance Association and is incoming President in 2012. He is also the Executive Director of the Energy Management and Innovation Center (EMIC) at The University of Texas at Austin.Learn more about Sheridan's research.
Read about Sheridan on Wikipedia.
