In the UK, there was anger at the American press and news outlets for the misuse of the term "British Petroleum" for the company – a name which has not been used since British Petroleum merged with the American company Amoco in 1998 to form BP Amoco . It was said that the U.S. was "dumping" the blame onto the British people and there were calls for British Prime Minister David Cameron to protect British interests in the United States. British pension fund managers (who have large holdings of BP shares and rely upon its dividends) accepted that while BP had to pay compensation for the spill and the environmental damage, they argued that the cost to the company's market value from President Obama's criticism was far outweighing the direct clean-up costs.[282]