Page 8 - Bargaining Leverage News Today : Breaking News, Live Updates & Top Stories | Vimarsana

veterans group there at pennsylvania avenue being briefed on what could happen to their ranks if the debt ceiling is not raised. also cnn is learning some states making contingency plans. california specifically taking out a temporary $5 billion loan just to help pay its bills in case congress fails to act and turmoil in the credit market makes it difficult to borrow money after august 2nd. take a walk with me. i want to look at what exactly is proposed here. we have two different plans, two different bills on the table. one from democratic leader, senate majority leader harry reid, ...

now we know that hamza alkhalee is dead. pictures of his body are disturbing. his family received his remains. it appeared the 13-year-old had been tortured. he was mutilated. many of the pictures we've received are too graphic to broadcast. cnn made repeated attempts to reach for comment without success. hamza's murder brought syrians into the streets. even children have joined the protests. we'll have more on dramatic developments in syria and the strongest words yet from washington in just a moment. but first, a look at the other stories we're covering tonight. what do robert e....

That stounds like a fairway of a check and balance system to see can the right thing be done and can it be done quickly. >> strategic retreat. in military terms it means you go back to higher ground. if you know you're losing you go back and fight another day. is that what tony hayward and his people decided to do before they went to the white house to agree to the $20 billion? >> they have no bargaining leverage whatsoever. they are in deep trouble. if they want to continue to be operators in america and make full use much all the resource anesthesia have, they had better be cooperative partn...

Clinton. they're getting the best lawyers in the country. why wouldn't bp go for the best lawyers? they've got the biggest problem and the most money you. get the best lawyers. that's the way it works. what do you make of the $20 billion? there's been some skepticism about the $20 billion fund. can it mean faster payment under feinberg, under ken feinberg or look like it's going to be faster? >> i think two things. i think bp has zero bargaining leverage on any issue relating to the clean-up for the liabilities. they really don't have much choice. i think the fact that it is paid out over four...

Top, from my ears, the top lawyers. number two at the justice department under clinton. they are getting the best lawyers in the country. why wouldn't bp go for the best lawyers? they've got the biggest problem. they got the most money. you get the best lawyers. that's the way it works. what do you make of the $20 billion? can it mean faster payment under feinberg, or can it just look like it's going to be faster? >> well, i think two things. bp has zero bargaining leverage related to the cleanup. they don't have a choice. the fact that it's paid out over four years is good from an investor's ...