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Old 10-21-2010, 12:59 PM   #27
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Quote:
What he found when he took over the BP fund on Aug. 23, he says, was staggering: data in disarray, duplicate claims, identical claims under different names and thousands of claims with inadequate or no documentation.
Gee fraud and greed? Color me shocked - not.

Quote:
Mr. Feinberg said that the British oil giant, which is responsible for the spill that began two months ago, deserves "credit" for setting up a claims program quickly, and that he would seek to improve the "efficiency, the speed and the fairness of that program."
That'll never make the 6:00 news.

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.
BP is off the hook.
Quote:
"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."
He may be the administrator, but he certainly has to answer to someone and that can only be those who appointed him.
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