A Lesser Liability Load

If BP sells off some of its assets, would it lessen its liability? What if its halved stock price attracts a buyer who shrinks the company? A corporate law expert talks about BP’s liability and future.

Host Jeff Young talks with UC Berkeley corporate law expert Eric Talley about some of BP’s options: merger, acquisition, asset sell-off, and how those moves change the chances that those affected by the oil disaster will be compensated.