Topic: James Watson
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Robert Reich
BP clean up: A contest between citizenship interests and shareholders
US citizens want the spill contained, everything cleaned up and damages paid — no matter how much it costs BP’s shareholders.
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Robert Reich
Why the US hasn't made BP do what’s necessary
BP has legal duties to repay its creditors and to maximize the share prices of its stockholders. Its duties to the United States are still vague and unknown.
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BP oil spill: with escrow plan, Obama races to claim BP's money
President Obama wants BP oil spill claims to be paid through an escrow account funded by BP. The plan comes as BP is weighing whether to pay dividends to shareholders.
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Obama, Cameron dampen US-British prickliness on BP Gulf oil spill
President Obama and British Prime Minister David Cameron discussed the BP Gulf oil spill by phone Saturday. While the talk was cordial, the US has not let up its pressure on BP.
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Gulf oil spill: Why BP's cap success is turning sour
BP's containment cap is collecting 630,000 gallons of oil a day. It could be collecting more, but BP failed to send another tanker to increase capacity. And some scientists think the process of fitting the cap on the well made the situation worse.
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