President Obama announced Wednesday that BP will set aside $20 billion for an escrow fund to compensate victims of the Gulf of Mexico oil spill, as the oil firm's chairman publicly apologized for the disaster and said the company will not pay out any more dividends this year. But is the money a big step -- or too little too late? You decide.

Share your thoughts. First answer our question below. Then click "Leave a Comment."

This is not a scientific poll.