Gulf Coast oil spill's economic damage could be permanent

Thursday, May 6, 2010 - 19:40 in Mathematics & Economics

BP has promised to cover all legitimate claims, but the law caps its liability, and relief might take years to reach those whose livelihoods are most in peril. Chief Executive Tony Hayward is promising to shoulder all cleanup costs and pay all legitimate claims from the deadly Gulf Coast oil rig accident — but for those hit hard by the spill the...

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