BP says oil spill claims formula is too generous

Friday, February 18, 2011 - 01:30 in Mathematics & Economics

The administrator of the $20-billion gulf spill fund also is criticized by claimants who say he is moving too slowly.The administrator of the $20-billion fund for Gulf of Mexico oil spill victims, under fire for red tape and delays, has been told by BP that his formula for determining final payments is too generous.

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