Ken Feinberg, British Petroleum employee and steward of the BP claims fund wrote himself a little editorial the other day in Bloomberg Businessweek titled: How to Give Away $5 Billion. The article came complete with an illustration of a man, presumably Ken, holding a money bag while outstretched, demanding hands come in from outside the border of the drawing and there, in a nutshell, is everything that’s wrong with the GCCF and Ken’s dismissive attitudes.
The people of the Gulf Coast are not looking for a hand out.
They are looking to be compensated for damages from the worst environmental disaster to ever hit this country.
In his rather self-congratulatory editorial, Ken writes the best way to give out $5 billion dollars is with “speed and fairness and consistency,” which not coincidentally are three of the biggest complaints about the claims process: questions about its fairness and consistency concealed behind an utter lack of transparency and the slow allocation of payments while people suffer untold financial hardships.
Really Ken…people aren’t clamoring for the GCCF to be audited because they are satisfied with the process, at ease with what you’ve done and are doing, many in fact are rather angry, which is why it’s no wonder you’ve learned to live with “the potshots and the criticism.” You’d have to be used to it by now. They’re coming and have come from the US Justice Department, politicians both local and federal, various attorneys general and claimants across four states.
Bill Bard says:
Fucker Feinberg still being an ARSEHOLE.