Posted in BP Disaster

BP hasn’t paid into escrow fund

   July 26, 2010

Surprise, surprise, BP hasn’t made its first payment into the much-touted $20-billion escrow fund. BP officials had agreed last month after meeting with the White House that the company would pay $5 billion annually over the next four years into an escrow account for damage its oil disaster in the Gulf of Mexico caused. It missed the deadline for the payment.

….maybe President Obama forgot to put the right phone number on the claim form or BP has assigned a new adjuster to review the nation’s paperwork.

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