BP to Create $20B Fund for Oil Spill Liabilities
President Barack Obama spoke on BP Plc’s agreement to compensate the claimants affected by the oil spill with a sum of $20 billion after a meeting with BP’s chairman, Carl-Henric Svanberg, Wednesday.

BP Chairman Carl-Henric Svanberg (R) and BP Chief Executive Tony Hayward (L) leave the White House following a meeting with U.S. Win McNamee/Getty Images
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