Wednesday, June 16, 2010

Oil response critic concedes Obama's getting it right - CNN.com

Oil response critic concedes Obama's getting it right - CNN.com:

"But it looks as if President Obama applied a little old- school Chicago persuasion to the oil executives, because BP's chairman not only agreed to the full $20 billion that Senate Majority Leader Harry Reid and Louisiana Sen. Mary Landrieu asked for, he also pledged to suspend quarterly dividends immediately. Paying victims before shareholders -- what a concept."

I hope this optimism is justified.

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