The Attorney General has launched a BP criminal investigation.  As if the government and Eric Holder making life even more miserable for the energy giant was not enough, it was also announced that on the heels of that news, the stock price for BP plummeted.  The “top kill” method for dealing with the BP oil leak has apparently not worked, and the company has a public relations nightmare on their hands.

BP stock sinks

To make matters worse for the company, BP stock has begun to slide down in a hurry, according to Forbes.  Since the oil rig explosion and the subsequent Gulf of Mexico oil spill, BP stock has lost almost 37 percent of its value, costing the company $75 billion in market value. It is also reported that the BP oil spill has cost the company $930 million.  The loss for Tuesday, June 1, alone was a 15 percent loss, as stocks lost more than $6 per share in value.  This is piggy-backed on top of the failure of the top kill operation.