You know, if there's one thing we've all noticed about BP, it's their finely honed sense of right and wrong. They've been so careful to follow all the rules, take good care of their workers, and follow through on every promise to make good on that silly little mistake they made back in April:
Ken Feinberg said today he hasn't been able to start writing claims checks because BP PLC has not yet deposited any money into the $20 billion escrow fund it promised to create.
Waitwhaa-a-a?
See, BP was supposed to put $5 billion a year into an account over the next four years, see. Simple. Even a child could do that. Well, a very, very wealthy child.
Feinberg said he doesn't have the authority to force BP to deposit the money, and that he can't start making payments until it does.
"I don't want the checks to bounce," he said.
He said he has been told that the money would be available in the next week or so.
The check is in the mail. We've all heard that one before, right?
The day after the escrow account’s establishment in June, BP CEO Tony Hayward told Congress that BP is “unwavering in our commitment to fulfill all our responsibilities” and the company “won’t stop spending until the job is done.”
Trusting this bunch of thugs on anything is laughable... and I'm sure we'll all have a good guffaw once we stop crying.
H/t: Think Progress
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