The money isn't in anyone in the government's hands. An independent firm will handle the escrow--that's the whole point of escrow. Of course, I bet none of the news you listen to even mentioned that part, did they?
On Thu, Jun 17, 2010 at 12:42 PM, Sam <sammyc...@gmail.com> wrote: > > I think the laws caps out at $75 million > > I'm sure that BP would pay out $20b+ to cover what's needed due to > public pressure. I just don't know why Obama wants his hands on that > money too. > > > On Thu, Jun 17, 2010 at 1:20 PM, Eric Roberts > <ow...@threeravensconsulting.com> wrote: > > > > Actually, I forget the name of the law, but Obama would be within his > rights > > and powers to seize BP's American assets and take over the entire > operation > > and use those assets to pay for the cleanup as well as pay claims. That > > would include selling off assets that they own to generate funds. > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:321408 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
