http://www.cnbc.com/id/37578731
A widely regarded authority in the energy sector tells Fast Money, "“I don
’t think BP [BP 33.73 -0.9475 (-2.73%) ] will last as a company for
more than a matter of months.”
You read that right – not a a public company by end of summer.
Those comments were made by energy investment banker Matt Simmons during a
conversation about the oil trade.
And he doesn't think Transocean [RIG 47.28 0.95 (+2.05%) ] or any
other company is in jeopardy - just BP.
"I