re: #500 Floral Giraffe
WOW.
1 in 7?
That’s gonna hurt, a lot.
Big time. About $71 Billion so far. Almost every pension fund has shares.
About $71 billion in lost share value in the UK.
BP’s position at the top of the London Stock Exchange and its previous reliability have made it a bedrock
of almost every pension fund in the country, meaning its value is crucial to millions of workers. The firm’s dividend payments, which amount to more than 7 billion a year, account for 1 in every 6 paid out in dividends to British pension pots.