BP announced to fund $20 billion

The President is met with BP executives today.

BP announced to fund $20 billion to an escrow account run by Kenneth Feinberg for the oil spill damage, and $1 billion for its employees who lost their jobs. BP has more American employees than UK people.

The breath-taking turn of events is a result of 20 minutes of talks in the morning and more than 2 hours in the afternoon (the reported lengths of time varies). This genuinely has caused a sensation in the media.