BP's losses for the past quarter amount to some $17 billion, due to having to set aside more than $32 billion for costs linked to the oil spill off the U.S.coast in the Gulf of Mexico.
VOA: standard.2010.07.27
When asked if he received a pay-off, he told the committee he could not reveal theamountdue to "confidentiality".
Earlier this week, a survey claimed that Cardiff's staging of big sporting events was having a significant impact on the environment, due to theamount of travel and waste generated by supporters.
The debt relief company represented that it could achieve this result because it represented thousands of debtors, giving the credit card companies powerful incentives to accept less than theamountdue.