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Tag: Escrow

AP / Evan Vucci

Obama Will Demand a BP Escrow Fund for Victims

President Barack Obama finally might be digging in his executive heels over the Gulf oil blowout. The White House has announced the president will address the nation Tuesday night about the spill and is expected to outline a plan that would force BP to create a multibillion-dollar escrow account to compensate those affected.

Posted on Jun 13, 2010 READ MORE

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