BP makes down payment on $20 billion fine

[FishermanTim]

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?

[buckman]

Originally Posted by FishermanTim

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?

In 3 years we will have nothing to show for it. If we have learned anything from this bunch it's that $20 billion won't get you much.

[Raven]

you can find Gold in Ore but not SCUM

[GattaFish]

Sheeet... that just means they have extra money for more Gulfstreams.... Thats Jets boys,,, remember they wanted two but decided 4 was more that reasonable,,,,