WASHINGTON (Reuters) - Pressure from financial institutions and Treasury officials undermined an effort to limit executive pay at seven companies rescued with taxpayer money, a new government audit showed on Tuesday.
WASHINGTON — BP is filing a strongly worded complaint with the administrator of a $20-billion fund to compensate victims of the Gulf oil spill, saying his proposed settlements are too generous, The New York Times reported Thursday.
The prominent US lawyer managing BP's 20-billion-dollar oil disaster fund said Wednesday not all claimants will be paid, especially some of those seeking compensation for falling houses prices.
