BBC News – BP to fund $20bn Gulf of Mexico oil spill payout

Although BP has agreed to fund $20bn – roughly equivalent to one year of BP’s annual profits – reports said there could be no cap on the amount BP might be asked to contribute to the fund.

The company will pay $5bn into the fund, called an escrow fund, before the end of 2010, plus $1bn per quarter for the following three years.

Imagine what American reporters say about the people from the BBC when they aren’t in earshot, “There they go again. Including all of those factual details in their stories again. Like journalism has anything to do reporting all of the facts. Even their graphics suck. Losers.”

Facts. Those crazy kids at the BBC.