Ken Feinberg, the administrator of BP's (BP) $20B oil spill fund, says he has paid out $2B to...

|About: BP p.l.c. (BP)|By:, SA News Editor

Ken Feinberg, the administrator of BP's (BP) $20B oil spill fund, says he has paid out $2B to 125,000 people and approved 'less than half' of the claims made. "Based on what I’ve seen so far I’m cautiously optimistic that $20B is more than enough" to cover BP's spill-related expenses.