Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Immediate Aid for Gulf Victims Is Emphasized

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-20-10 02:57 PM
Original message
Immediate Aid for Gulf Victims Is Emphasized
<snip>

"Victims of the Gulf oil spill will be able to get quick, emergency payments from BP's $20 billion compensation fund without waiving their right to litigate future claims, Kenneth Feinberg, the government-appointed administrator of the fund, said.

Mr. Feinberg, in an interview with NBC's "Meet the Press" on Sunday, said his immediate goal was to get initial, emergency payments to victims who have "legitimate" claims and to then later compensate those individuals with longer-term payments.

Individuals and businesses whose livelihoods have been impacted by the spill "will get an emergency payment without any obligation," followed by "a program that will provide ... compensation," he said.

Under an agreement with the Obama administration, BP said it would pay $5 billion a year over the next four years into an escrow account. Mr. Feinberg, who will administer the fund, said he would make decisions independently. "I'm not beholden to the administration. I'm not beholden to BP," he said."

http://online.wsj.com/article/SB10001424052748704638504575318803855750226.html?mod=googlenews_wsj
Printer Friendly | Permalink |  | Top
pretzel4gore Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-20-10 03:18 PM
Response to Original message
1. still selling the snake oil.
btw, i've suffered enormously/lost sleep etc. I want BP cash...lineup starts here
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Apr 24th 2024, 10:41 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC