Gulf oil spill: Senate Democrats call on BP to set aside $20 billion

[rhombus]

A majority of the Senate called on BP to set up a $20-billion account, administered by an independent trustee, to pay for cleanup and economic damages from the massive gulf oil spill, calling it an important step toward "ensuring that there will be no delay in payments or attempt to evade responsibility for damages."

The request came in a letter signed by 54 senators, or nearly the entire Democratic caucus. "The damages caused by your company are far reaching," the legislators wrote to BP's chief executive, Tony Hayward.

http://latimesblogs.latimes.com/greenspace/2010/06/gulf-oil-spill-senate-democrats-call-on-bp-to-set-aside-20-billion-to-pay-for-cleanup-and-economic-damages.html

More like this please.

[flamingdem]

1. Get it now or never nt

[Jennicut]

2. They should ask for more, but it is a good start.

[Chulanowa]

3. Is that it?

We should be seizing all their assets and nationalizing their operations. Twenty billion is better than nothing, but it's still close enough to nothing to make me unhappy