Thursday, February 17, 2011

Too generous

BP tells Feinberg he's being too generous with claims

The administrator of the $20 billion fund for Gulf oil spill victims, under fire for red tape and delays, has been told by BP that his formula for determining final payments is actually too generous


Also "too generous" is the AP description of Feinberg's position and background.

An Associated Press review published Monday that included interviews with legal experts, government officials and more than 300 Gulf residents found a claims process beset by red tape and delay, and at the center of it all a fund administrator whose ties to BP have raised questions about his independence.

Now, lawmakers in Washington are demanding the White House step in, the Louisiana governor and others want a federal judge to intervene, and the people most affected by the Deepwater Horizon disaster are threatening to line the courthouse steps if they don't get the changes they seek from Feinberg.

Feinberg, the Washington lawyer who runs the fund and was lauded for his work overseeing the compensation fund for 9/11 victims, has insisted he is being fair.


Missing from this generous account of the (ahem) "lauded" for his 9-11 fund work Feinberg, is the fact that a federal court has ruled he has no right to claim he is in any way "independent" of BP. There is no excuse to write any account of anything Feinberg says or does without including this information.

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