>As businesses collapse, claimants still waiting for checks from BP – Los Angeles Times


Reporting from Gulf Shores, Ala. — Real estate agent Mike Reynolds had two desirable beachfront condos in escrow when the tide of crude from the Deepwater Horizon spill washed over his business and left it looking about as appetizing as an oiled crab.

“I lost $20,000 in commission,” Reynolds said. “The guy called and said he’d never be able to make any money off of them. He walked away from a $10,000 earnest-money check.”


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