http://www.cnbc.com/id/37715195
The U.S government can’t force troubled British energy giant BP to defer shareholder dividends or establish an escrow fund for victims of the Gulf oil spill, former New York City mayor Rudy Giuliani told CNBC Tuesday, noting that any effort by the White House to do so is merely “political posturing.”
http://www.politico.com/politico44/wbarchive/whiteboard06162010.html
DEAL REACHED: BP has agreed to finance a $20 billion escrow fund to pay claims to people who lost income in the Gulf Coast oil spill, an administration source tells POLITICO. Kenneth Feinberg, who was in charge of payments to families of victims of the 9/11 attacks, will oversee the fund..