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Tuesday, February 01, 2011

"Fast-talking East Coast lawyer"

Wow, who wrote this article?

Now, Indians who've known nothing but fishing all their lives find their futures tied to the man handing out checks for damages, paid from a multibillion-dollar fund started after the April 20 Gulf spill.

Kenneth Feinberg, the fast-talking East Coast lawyer in charge of BP PLC's $20 billion compensation fund, met with them for the first time Friday night on the back bayous of south Louisiana at a gymnasium in Montegut, about an hour and a half from New Orleans. Dozens of fishermen showed up in shrimp boots and work clothes, speaking a mixture of French and English.


More on the Fast-talking East Coast Lawyer from Drake Toulouse, who has been consistently asking what I think is the most important question.

Finally, it would appear that nobody wanted to talk too much about the fact that all these people accepting quick payment claims and those who will accept final payment are signing away their rights to sue British Petroleum and a hundred other companies. Again, forcing people to make a present day decision based on unknown futures, when their culture, their professions, and due to the ongoing sickness in the Gulf, their very lives may be at stake is simply wrong. It only benefits British Petroleum for them to do so, and British Petroleum is the primary cause of this entire mess…so why do they get the free pass, while everybody else has to take the risk of being screwed in the future?

When will somebody in the GCCF, or Congress, or the White House finally answer that question?


If we don't know what the long-term damage will be, why are we in such a rush to shut down the possibility of future claims against that damage?

Update: Or just the punchline, I guess.

Gulf residents uspet as BP resumes dividends

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