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Detailed text transcripts for TV channel - FOXNEWS - 20100616:19:02:00

Will be honored. it s important to emphasize this is not a cap. in other words bp could pay more than $20 billion in claims. team fox coverage now. trace gallagher on the gulf coast, jonathan hunt with the bp chairman and first to wendell goler where a report with a report on the small people. from the start the president insisted bp not administer the fund, aides concerned bp would slow walk the claims. there doesn t appear to be much pushback. they reached a tentative agreement on the size of the fund and joyce choice of kenneth feinburg to administer it. he administered claims to families of the 9/11 victims and the pay czar for executives whose companies received tarp ....

Gulf Coast , Trace Gallagher , Team Fox Coverage , 0 Billion , 20 Billion , Jonathan Hunt , Wendell Goler , Kenneth Feinburg , Doesn T , Tarp Money , Pay Czar , 9 11 ,

Detailed text transcripts for TV channel - MSNBC - 20100611:23:08:00

Katrina, or photos of abu ghraib, in the same way. this kind of direct, if not contradiction at least, very alarming imagery running simultaneously with the president s own appearance. do you think the networks were afraid of bush? i think that there, it s striking that there s been this piling on of obama in the use of that footage. even while he was giving a presidential address. in a way that i don t really recall seeing under bush. i wasn t afraid of bush, if you noticed. thank you very much, eric bates, i was very much against him on the war. thank you so much. great reporting by your magazine. edward luce is the washington bureau chief of london times. the ft, fabulous newspaper, thanks, sir. what do you make of this decision by bp to put money that was going to go to dividends to their stockholders in escrow? what are they up to? well it appears to be publicly, public-relations driven. as you know, next wednesday, tony hayward, the chief executive of bp, is meeting ....

Barack Obama , George Bush , Abu Ghraib , No One Else , Eric Bates , Wasnt Afraid Of Bush , Fabulous Newspaper , London Times , Edward Luce , Public Relations , Chief Executive , Tony Hayward ,

Detailed text transcripts for TV channel - MSNBC - 20100614:23:04:00

That s why you heard the president today saying they re still trying to figure out how this is going to work. because they don t have the power to order some sort of escrow. it s certainly what everybody i think on both sides wants to come up with some sort of idea. bp obviously wants some profession that if they agree to this escrow, they would like protection to know that somehow, they re isn t going to be more money asked for at end of the day. and they want a safety net in case they find out this things is years, there s some sort of environmental impact that we don t know about now. but if it s discovered in a couple of years, that they can still go back to bp and hold them responsible. so i think those are the big sticking points here, chris. let s look at something the president said the other day in his interview with roger simon who s going to be on the program later. i think it s fair to say six months ago before the spill happened i had gone to congress and had said we nee ....

President Obama , Isn T , Safety Net , Roger Simon , Chris Matthews ,

Detailed text transcripts for TV channel - MSNBC - 20100616:04:04:00

Out of their profits and put them into a third-party controlled escrow firm? reporter: that is the billion dollar question for bp right now. when you ask senior officials that, they point-blank tell you, we don t feel we have to get into what our legal authority is. but trust us, we believe we have it. reading between the lines, this is a situation where the practical, political authority is holding sway. bp isn t fighting any of this stuff at the moment. for example, in fact, the most appropriate legal authority one would point to is the oil pollution act of 1990, which caps damages at $75 million. obviously, there s a move in the congress right now to lift that cap retroactively. some people look at that go, that s unconstitutional. the bottom line seems to be bp knows it s over a barrel. it doesn t want to pick a fight with the federal government that ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100615:02:05:00

Of disaster. greta: steve, thank you. florida s attorney general wants bp to open its wallet. attorney general mccollum joins us live, good evening. thank you. greta: tomorrow night we ll hear from the president from the oval office lots of discussion about bp putting money in an escrow account in the last day or two. back to june 10th, were you the first in your letter on behalf of the state of florida to come up with this idea of putting money in escrow by bp? we were the first as far as i know. i called for that last week. we asked for 2 1/2 billion dollars for florida because we ve been dealing with the claims issue there. our state is impacted even though we haven t seen as much oil as may come ashore in florida we ve seen tremendous economic harm to the fishermen, loss of tourism in the panhandle. in miami today one of the large hotel owners tell me tourists are not coming in ....

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