michael perelman quoted: > "White House officials stressed again Monday that BP would be held > liable for the cost of the cleanup and economic compensation for losses > on the Gulf Coast. But Democratic senators said the Oil Pollution Act of > 1990, passed in the wake of the Exxon Valdez, caps economic damage > liability at $75 million. Democratic Sens. Bill Nelson of Florida and > Robert Menendez and Frank Lautenberg of New Jersey introduced > legislation to raise that cap to $10 billion."
BP may actually end up paying more than the amount indicated by the new cap, since there are major PR advantages (and they have profits to burn). But when the brouhaha dies down and the media spotlight aims in a different direction, they'll fight every payment in court. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
