Feds contract is with a “far away BP subsidiary” — Concerns company might “be able to get out of paying $20 billion” (VIDEO)


Washington Journal, CSPAN, September 10, 2010:

Transcript Summary

SIOBHAN HUGHES, Dow Jones Newswires Senior Energy Writer: Even that $20 billion number that BP has widely quoted... When you look at the contract... That's  between a far away BP subsidiary and the US government... One group, Public Citizen, has raised concerns that BP might even be able to get out of paying the $20 billion."

3 comments to Feds contract is with a “far away BP subsidiary” — Concerns company might “be able to get out of paying $20 billion” (VIDEO)

  • BP should be liquidated just like Matt Simmons said!

    -John

    The World of Wild Edibles
    http://ncoal.com/blog/?p=279

  • Frances

    That's exactly why Matt Simmons is dead. You don't really think that was a natural heart attack, then drowning in the tub...? The gangsters running America and running Big Mr. President Mack-Daddy Obama don't have a problem with getting their way.

  • Twenty billion dollars is not nearly enough money, and any agreement at this time is premature. A partial, initial payment should be made available to those living along the Gulf Coast and who are ill and jobless just to get them by.

    Afterwards, the sum should be multiple times greater; enough to provide for the victims for life -- and beyond, to assist their children who will become ill as well.

    Presently, it is not known who will develop cancer, among other diseases, over the next several years and beyond.

    BP purposely inflicted this tragedy on humankind and animals -- through negligence: BP used shortcuts slathered with greed as their assault weapon.

    Please never forget the pictures of the pelicans and other animals as they suffocated to death. This is the future for those people who live along the Gulf Coast.

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