Page 28 - Shake Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

His opening comments and the question and answers to follow inthe house subcommittee on what is happening with the oil gusher. screen right. that has been prominent for almost 06 days. we heard from joe barton, republican from texas, about 15 minutes ago say the deal bp struck at the white house yesterday, $20 billion in escrow, was a $20 billion shakedown. what does john boehner think about that, the ohio republican and house minority leader with me now from the hill, how are you and good morning to you. >> bill, good morning. bill: would you call it a shake down, $20 billion? >> i have said ...

Tony hayward or other senior management officials knew about the series of problems that existed with the well in the week before it exploded. there was a fascinating exchange in which joe barton, congressman from texas, a republican said he was ashamed to see what happened at the white house yesterday when the president obama and bp agreed on a $20 billion escrow fund to handle associated costs from the disaster. congressman barton called it a shake down, a slush fund, said that he's ashamed -- doesn't want to live in a country where a company that does something wrong can be subjected to thi...

Disagrees with him is unpatriotic or unamerican or has venal or inappropriate motives. and he should stop -- it's like a chicago-style, you know, shake-down. you know? get in front of him and get in their face and tell them, you know, to shut up and sit down and get out of the way and that's not the way the system ought to work. >> i understand that it shouldn't work that way and it may be, you know, a little rough around the edges, but does it have a real impact in the sense that the people in the audience then take some action that has some repercussions as a result of it. or is it just that...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.