http://www.latimes.com/news/nationworld/nation/la-na-top-kill-works-20100528,0,4282960.story I figure this should be worth at least a 3% pop in equities.
As I predicted before, BPs number 1 priority was to try to capture the oil for profit and their last priority was to have to dig another well.
Team Obama takes down their first scapegoat. I'm sure she's a nice lady, but had no business being in the position in the first place. http://www.mms.gov/ooc/newweb/directorspage/director.htm
If I understand Simmons/Pozzi - they are suggesting that there may be a rupture/leak in the well casing itself several hundred feet below the seafloor and away from the riser. The riser being shown to the public at large (live feed "Top Kill" zone) is small relative to the potential casing/well head rupture some miles away.