Defend Truth

Oil spill claim fund to cost BP $20 billion

By Andy Rice
16 Jun 2010
0

BP has agreed to place about $20 billion in an escrow account for victims of the Gulf oil spill, although the finer details must still be worked out. The fund will be managed by mediator Kenneth Feinberg, who was involved in managing compensation for 9/11 victims. Read more: The New York Times

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