tag:blogger.com,1999:blog-3401584991689197404.post3579452276739422035..comments2024-03-02T09:41:35.809-08:00Comments on Donkeylicious - A Blog by Neil Sinhababu and Nicholas Beaudrot: There Will Be Escrow FundsNeil Sinhababuhttp://www.blogger.com/profile/03249327186653397250noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3401584991689197404.post-61094372330104304892010-06-16T20:05:06.244-07:002010-06-16T20:05:06.244-07:00Folks, BP isn't in charge of the escrow fund. ...Folks, BP isn't in charge of the escrow fund. Ken Feinberg is. That renders this post moot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3401584991689197404.post-56184811690685828692010-06-16T19:02:10.936-07:002010-06-16T19:02:10.936-07:00Easy solution: force them to park the escrow funds...Easy solution: force them to park the escrow funds in U.S. bonds...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3401584991689197404.post-51928357727443788062010-06-16T17:13:30.231-07:002010-06-16T17:13:30.231-07:00I agree somewhat, but OTOH, that money in escrow w...I agree somewhat, but OTOH, that money in escrow will earn interest. BP can still try to outlive claimants, bargain them down, and get the remaining money on the other end, plus interest. They'd rather have the flexibility to do something with the money now, but they have countervailing reasons for not settling quickly.<br /><br />Details are important on what conditions BP could withdraw money from escrow.Brian Schmidthttp://backseatdriving.blogspot.com/noreply@blogger.com