Wednesday, June 16, 2010

$20 Billion From BP For The Gulf?

Will it be enough? The area may need a Marshall plan, and there is disagreement about to calculate or predict the full costs.


First details are in the NY Times here, with the suggestion that the fund's creation will take place over time.

Some reports suggest that BP will suspend its next two dividend payouts - - about $10 billion each - - to establish the fund.


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