Thats what I am wondering as well. Supposedly it has been reported that BP was putting up 20B to settle claims last week.
If BP did infact cap their liability at 20B they may have save hundreds of Billions in Litigation costs and settlements.
IT only took 20minutes to discuss. BP had to get something in return. They still have a board of directors and stock holders to answer to as well.
Like, for example, when do they get the expense for the fund (which will take 3 1/2 years to fund)? Wanna bet its immediate?
And, as some one else asked elsewhere, what are the full details of the fund provisions and just how will claims be processed?