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BP to Claim $10B Tax Credit: Company Cites Gulf Oil Spill Costs in Decision That’s Raising Red Flags with Officials

Robert Yetman, associate professor at the UC Davis Graduate School of Management, said the critical question is whether the discussion between President Obama and BP chief executive Tony Hayward constitutes a “settlement.” “BP is a little bit under the gun here,” Yetman said, later adding: “I don’t know how they’re going to play it, and I don’t know how the public is going to respond. But there are certainly differences.”