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Old 10-21-2010, 11:40 AM   #401
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
As I read the setup and administration of the "BP fund",
I got the sense that the $ were actually still belonging with BP,
but that Obama selected Feinberg to be an independent administrator.

Although Feinberg could probably be removed by Obama,
I got the sense that the policies of distributing $ were those set up by BP.

With all that, it is still easier to just blame Obama for everything.

Wall Street Journal

BP Fund Administrator Promises Speedy Claims Payout
By ANGEL GONZALEZ
JUNE 18, 2010, 6:48 P.M. ET

Quote:
The government-appointed administrator of BP PLC's $20 billion fund for oil-spill damage
said Friday that he would run his own show as he seeks to improve the claims process set up by the company.

"This is a program that has my imprimatur on it, not the administration or BP,"
Kenneth Feinberg said at a joint press conference with Mississippi Gov. Haley Barbour.
"It is my program as an independent force."
<snip>
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