For BP, restoring its image is a bigger task than paying billions

Friday, November 16, 2012 - 02:01 in Mathematics & Economics

BP can easily afford a $4.5-billion settlement, but it could take time for it to rebuild its reputation after the fatal oil rig explosion and oil spill in 2010. British oil giant BP can easily afford to pay the $4.5 billion in oil-spill settlement costs announced Thursday, but analysts said a more difficult task may be rebuilding its reputation.

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