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Why hasn't this scenario been discussed re: Obama's $20B "Extortion"? [View All]

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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-22-10 09:20 AM
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Why hasn't this scenario been discussed re: Obama's $20B "Extortion"?
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My take on Obama's insistence that the $20B be set aside in a trust fund, or whatever you want to call it, was to lock up the funds in the event BP decided to hand out dividends, bonuses or make their earnings evaporate into thin air in some off-shore bank account and file bankruptcy.

Imagine the hollering and prostration the Repugs would have gone through if THAT had happened!

I would think bankruptcy is still a possibility/probability.
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