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Wednesday, June 16, 2010

BP Agrees to Set Aside About $20 Billion for Spill Claims - NYTimes.com

BP Agrees to Set Aside About $20 Billion for Spill Claims - NYTimes.com

WASHINGTON — The White House and BP tentatively agreed that the oil giant will create a $20 billion fund to pay claims for the worst oil spill in American history, to be independently run by the mediator who oversaw the 9/11 victims compensation fund, Kenneth Feinberg, according to two people familiar with the deliberations. More...

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