Large institutions like Goldman Sachs suspiciously dumped BP stock in March, right before the disaster happened. So I'd say that the 39% was probably mostly Goldman and JP Morgan, which is was dumped and shorted.
You'd have to be insane to be holding BP stock through this entire mess, or either stupid. I'd wager to say that the British pensioners are probably more stupid than insane.
Very few Americans are holding BP stock, methinks.
The evidence will probably come out because BP lobbying the Scots is a rational scenario. Lets not be childish here, Red.