Page 7 - Escrow Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

People's tempers are starting to boil. i told ken feinberg when i met with him a week and a half ago, we don't have 30 days to get this thing organized, the boats are not going on the payroll, now we seem to believe everything is going to be put on hold. we need some answers, and nobody's talking. here today, anderson, we don't know who's in charge. >> congressman markey, is there anything the government can do to try to speed up the payments and the fact that bp hasn't put up any of the 5 billion they were supposed to so far into the $20 billion escrow fund is pretty surprising. >> this is an...

$20 billion escrow fund is pretty surprising. >> this is an agreement which bp has with the white house and with the united states department of justice. so if they are going to back away from this agreement. if they're not going to honor it in a timely fashion, then i think that stern action must be taken against them. tony hayward, if these reports are accurate, is going to receive approximately 10% of the total of $200 million, which has been paid out to all of the gulf of mexico residents, cumulatively so far. 18 million versus 200 million. on the other hand, they promised to put up $20 bi...

Offshore deep water drilling moratorium is impacting them. on the house side, kennest feinberg will be -- kenneth feinberg will testify before a house committee on the impacts of the spill on gulf coast tourism and he's overseeing the payout of claims, to individuals an businesses hurt by the spill. although he said saturday bp has not yet put any of the $20 billion it promised for claims into an escrow fund and so feinberg says, he can't write a check yet for the claims. juliet. juliet: i understand the out going bp ceo has a comments this morning. what did he say. >> tony hayward who once fa...

>> brad, do democrats or do republicans, do you guys really want to be taking shots at each other? do you want to be putting up these websites at a time when, frankly, the american people seem to be fed up with people in congress. fed up with the power and isn't there plenty of blame to go around? >> well, look, i think there's plenty of blame to go around. and for doug to sit there and defend republicans apologizing to bp for him to sit down there and defend them calling the bp escrow fund a shakedown or extortion is really beyond the pail. i mean, this president has forced bp to set aside $2...

Sense. they're criticizing the president for having gone home to his private residence in chicago with his family for the weekend. that is really beyond the pail and they're also suggesting somehow -- >> let me point this out more than a few democrats criticize president bush while he was on his ranch in texas or playing golf. are we being disinuoengeingenuo? >> there is no where near, president obama has not taken off as much time as president bush has at this time in the presidency. the president is not engaged. he has been to the gulf numerous times and, look this is really an effort to dis...