BP Eyes Plan B in Gulf

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BP is devising a backup plan to plug well as company remains on Tropical Storm Alex watch.

U.S. VP Joe Biden visits the Gulf today.

Refining head says CEO Tony Hayward has full backing of BP’s board.

New York’s Federal Reserve Bank mulls BP fallout on Wall Street.

X Prize Foundation is offering $10 million for best oil disaster cleanup idea.

New York magazine examines BP “hypocrisy.”

And BP’s valuation of 11 workers’ lives: $5 million each.

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