The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. July 27, 2010 BP Fails to Set Up $20B Compensation Fund ----------------------------------------- BP has failed to make good on its promise to set up a $20 billion compensation fund to pay Gulf oil spill claims. Fund administrator Ken Feinberg said Monday he hasn’t been able to start writing claims checks because he doesn’t want the checks to bounce. .