Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - BP makes down payment on $20 billion fine

FishermanTim · 08-09-2010, 03:21 PM

They made a $3 billion deposit (after federal bureaucrats get their hands on it will be more like $1 billion or less!) and will make another $2 billion deposit next quarter, and $1.25 biilion each subsequent quarter until $20 billion has been paid.

So, how much of the total $20 billion do you think the government CURRENTLY plans on keeping for "administrative costs"?
If it's like the general government process, it'll probably be at least 50%, because we all know how hard our government officials work?

08-09-2010, 03:21 PM	#1
FishermanTim Registered User iTrader: (0) Join Date: Feb 2003 Location: Hyde Park, MA Posts: 4,152	BP makes down payment on $20 billion fine They made a $3 billion deposit (after federal bureaucrats get their hands on it will be more like $1 billion or less!) and will make another $2 billion deposit next quarter, and $1.25 biilion each subsequent quarter until $20 billion has been paid. So, how much of the total $20 billion do you think the government CURRENTLY plans on keeping for "administrative costs"? If it's like the general government process, it'll probably be at least 50%, because we all know how hard our government officials work?