BP Payments: “It’s Really Nothing, But It’s Nice of Them Doing It”

By: Wednesday June 2, 2010 11:25 am

Raleigh says that the one-time compensation doesn’t begin to take care of the years-long effects of the disaster. “They gave us $5,000, but that really don’t mean too, too much if we’re going to be 10 years out of business.”

Video: Mary Landrieu on Making BP Pay . . . This Year

By: Tuesday June 1, 2010 9:33 am

Landrieu says that BP’s liability will be “hundreds of millions if not billions of dollars, and BP’s going to pay every penny. When I pressed her on the long-term damage done to fishermen and the community – one person told me that last time oil hit his oyster beds, it was there for 10 years – Landrieu immediately swatted back that number and said “we don’t know.” She says that if a fisherman “made $50,000 last year, BP’s going to write them a check for $50,000.”

But this disaster will last for well more than one year, and likely well beyond a decade.

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