Detailed text transcripts for TV channel - MSNBC - 20100616:19:44:00
Are they getting any agreement that they won't be found negligent at all or? and you said that, i guess, bp would fund the fund with u.s. assets. so is it -- >> no. they will make payments over a four-year period of $5 billion a year. but they will provide assurance for those commitments by setting aside $20 billion in u.s. ass assets. it's like an insurance policy. it's not 20 and 20. they nit kmitcommitted to 20, b provided assurances thatly set aside assets. as the fund grows in size, the assets could be reduced. it's just an insurance policy. >> and what did -- what is bp getting out of th...
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