AGs Say BP's Proposed Fund Changes Hurt Victims

[Angry Dragon]

http://www.aolnews.com/gulf-oil-spill/article/attorneys-general-say-bps-proposed-fund-changes-hurt-oil-spill-victims/19726843

Need to keep bp in the news and the horrible clean up, claims, and why bp execs are not in jail.

AGs Say BP's Proposed Fund Changes Hurt Victims

WASHINGTON (Nov. 19) -- Kenneth Feinberg, czar of BP's $20 billion compensation fund, has proposed changes to the next round of claims that would favor BP and make the process more difficult for the shrimpers, fishermen and other victims of the oil spill, the attorneys general of two states have charged.

~snip~

Hood listed eight "concerns" he had after reviewing the proposed changes, including a plan to issue payments quarterly instead of monthly, the lack of legal counsel provided so claimants can understand the complex claims process, an "unsatisfactory" appeals process and a "lack of transparency" in the claims process.

~snip~

Noting that Feinberg is paid $850,000 a month by BP to oversee the claims funds, King continued: "You shamefully continue to cede the concessions won by Gulf Coast Attorneys General to your benefactor, BP.

~snip~

The proposed change to the rules that drew the strongest rebuke was the requirement that spill victims receiving payment from the fund give up their right to sue BP and other responsible parties for the spill, according to a draft of the proposal obtained by AOL News. Both Hood and King blasted that requirement. Hood called it "taking advantage of this downtrodden group of people."

The article goes on to state that the rules keep changing.

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[CaliforniaPeggy]

1. How right you are.

They know that when they disappear from the spotlight, as they so far are doing, they will be able to bend and change those "rules" to suit themselves.

The rules also keep changing to keep the claimants from being able to keep up, and to get what is more than owed them.

Recommended.

[Angry Dragon]

2. I was amazed by the salary that feinberg was getting

I could not find anything else to verify this

$850,000 per month

[CaliforniaPeggy]

3. I'm sure that's to ensure his loyalty...