What Does the $5 Billion Charge Mean for BP?

Tuesday, 31 Jul 2012 | 2:00 AM ET

Chris Tinker, equity strategist and founder at Libra Investment Services, discussed BP's $5 billion charge in the second quarter: "Let's not try and re-estimate what it means for the sector on the long term view, let's just look at what this implies for BPs structural decision."