Sunday, August 4, 2013

BP oil spill: Louisiana makes a dash for the cash - Telegraph

 

More than $1 billion has now been paid out for what BP describes as “fictitious” claims to landlocked companies far from the coast that either suffered no loss because of the spill or, it argues, have benefited from Alice in Wonderland accounting rules that allow businesses to cherry-pick their cashflow figures.

BP oil spill: Louisiana makes a dash for the cash - Telegraph

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