Lobby Dosser wrote:

"Mark & Juanita" wrote in message
...
Lobby Dosser wrote:

"Mark & Juanita" wrote in message
m...
Lobby Dosser wrote:

"Mark & Juanita" wrote in message
...
Steve wrote:

On 2010-07-17 23:46:34 -0400, Mark & Juanita
said:

It's also a legal principle that fines and judgments are assessed
by
judges and juries and legislation and penalties are defined by the
legislative branch of government. In the case of the $20B, that
didn't
happen either.

Technically, the $20B is an escrow, held against clean-up costs.
Speculation is that those costs will run higher than the set-aside.

The fines and judgements will (we hope) come later.

Technically, the President of the US had absolutely no legal
authority
to
impose an escrow, fine, or judgment.


And he didn't.

Uh, yeah, right.

Yeah, Right! I detest the man and can't wait until he's out of office,
but making up **** is counter productive. Just as it was when W was in
office.

Making up what? You think that any CEO would just walk into the White
House, drop $20B of their own free will?

Yep and that's EXACTLY what he did.


If that is the case, the Board of Directors and the stockholder of BP
should be screaming bloody murder and oust the guy. Company assets are not
a stash of walking around money for the CEO to dole out has he pleases.

--

There is never a situation where having more rounds is a disadvantage

Rob Leatham