Feinberg: BP Is STALLING Payments To Victims

CNBC:

British energy giant BP is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said Saturday.

Read the whole story: CNBC

Comments

[RightsGuy]

01:08 AM on 07/29/2010

BP only cares about maintaining its image so it can keep making money. They don’t care about the people their actions and policies have killed.

The human cost of the oil spill and BPs corruption is huge, not only with this oil spill disaster, but with many other losses of life on other BP rigs.

Everyone please take a look at the following tribute by Steve Joynt to the 11 men who died on the Deepwater Horizon, “Oil spill Day 100: The 11 men who died on the Deepwater Horizon”

http://blog.al.com/live/2010/07/oil_spill_day_100_the_11_men_w.html

We can never lose sight of the human cost of BP’s and others’ malfeasance.

[maxfax]

11:53 PM on 07/27/2010

Shades of Donald Powell, an insider, who did nothing.

[madatnewsmedia]

02:26 PM on 07/27/2010

Do you mean to say that there's nothing that can be done to make them pay? Is it possible to freeze their assets? I'm just asking!

[maxfax]

11:54 PM on 07/27/2010

Don't count on Feinberg, he gets paid no matter what happens for everyone else.

[RightsGuy]

01:08 AM on 07/29/2010

Get your free PROSECUTE BP bumper sticker here:

http://stickerobot.com/bp/

You can also download and print your own. Hang them up everywhere!

[mashtoe]

11:26 AM on 07/27/2010

Hold on, wait a sec, you mean to tell us that Obama didn't really secure $20 billion?! I'm shocked. Not really.

This is just another George W Obama "mission accomplished" moment.

[maxfax]

11:54 PM on 07/27/2010

Money, what money?

[hobo62]

06:28 AM on 07/27/2010

So BP was lying when it said it would pay. Surprise, Surprise. NO more BP gas for me. Ever.

[maxfax]

11:54 PM on 07/27/2010

Everyday, in twenty ways.

[ThePeacemakers]

06:01 PM on 07/26/2010

More news about everyone's favorite company:

http://www.thenation.com/article/37828/bp-hires-prison-labor-clean-spill-while-coastal-residents-struggle?page=full/

[maxfax]

11:58 PM on 07/27/2010

British Petroleum started this back in May, and the msm has ignored it.

[tribilin219]

05:43 PM on 07/26/2010

So this Clown didn't see this coming? And now like I said we the people the tax payers will have to pay for everything even the clean up like I said! What an a-hole!

[littlewitch]

04:17 PM on 07/26/2010

BP is staling payments!!!!????? Isn't that why they appointed Mr Feinberg in the first place!!!

DO YOUR JOB

[RMorr2002]

08:58 AM on 07/27/2010

That's what I was thinking! Supposedly, BP deposited the money and Feinberg was solely responsible for dispersing it. So, if there is a holdup, it is Feinberg!

[WSWatchdog]

02:20 PM on 07/26/2010

Feinberg is a tool of the Shadows who really run things behind the scenes in this country and around the world.

Wake up people, come out of the cave, see the world for what it really is.

[peowlemeow]

02:14 PM on 07/26/2010

BP is going to stall everything.They suck,Transocean sucks and Haliburton sucks.Forever.

[sven1olaf]

01:21 PM on 07/26/2010

this is a sad but expected reality.

there is no way that Feinberg didn't think this was going to happen.

so what now... DO SOMETHING ABOUT IT!!!

[tjconkster]

01:20 PM on 07/26/2010

And we're surprised by this?

[The Dude67]

01:01 PM on 07/26/2010

And where is Obama and what has he actually done? He's talked. That's it.

Victims forgotten in the Gulf. Sound familiar?

[madatnewsmedia]

02:28 PM on 07/27/2010

Dude, what is your problem?

[The Dude67]

03:31 PM on 07/27/2010

I don't need your sympathy, man, I need my f**king Johnson!

[Aikaterina]

12:48 PM on 07/26/2010

Feinberg is right about BP holding back on compensating victims, but he's a fool if he thinks that money is ever going to get to those victims directly impacted by the leak-spill.

BP's doing what's in their own best self-serving interests, which is to be expected. They're keeping the media and independent researchers-scientists away, claiming the effects are "trivial," and obfuscating-confusing estimates of the extent of the leak, as well as selecting the judge-venue in which any litigation against them will be held.

Can't blame BP for trying to minimize their losses, accountability or prop up share prices with PR, finding other investors, or appeals to the government for extensions, etc.

What we can blame is the government entities (MMS, Interior, Coast Guard, local law-enforcement, and Congress) for allowing BP to dictate such terms, keeping a lid on reports-facts about the situation, the media at bay, independent experts away from the site, and not protecting the victims, states they ostensibly represent, but BP's interests. Governors and legislators from states directly impacted by the spill fought to keep the caps-limits of liability for oil companies, insist on further deregulation for the industry, protecting the culprits from accountability, while calling for the government (taxpayers & victims) to clean up the mess. They're betraying their citizens, this nation and show their incompetence (more devastatingly) their submission to corporate influence and money, who've bought and paid for their loyalty, making them traitors.

[hypnotoad72]

01:00 PM on 07/26/2010

True.

Like most corporations, BP only cares about itself and its profit margin. That's how BP got into such trouble to begin with, by putting profit above safety precautions and contingency planning...

Government does get blame for putting in deregulation, having believed corporations when they all lobbied and said "We can regulate ourselves and big government hurts us". If government lets BP dictate terms, then the government is just as guilty as well.

And there is no way taxpayers should have to pay even a tenth of a penny over this. Government gave corporations all the economic freedom they wanted. At our expense. Now our expenses, in the form of taxes, are being considered by some to bail them out. No. Enough is enough.

http://tpmdc.talkingpointsmemo.com/2010/06/boehner-government--ie-taxpayers--should-help-pay-for-oil-spill.php

[lpenny]

01:44 PM on 07/26/2010

Well said and fanned. Kenneth Feinberg need to do something about it. Hope he will do more than what he did about the 1.6 trillion dollars paid out in bonuses by Wall Street. He let them keep it. I hope he does not do the same here. How do these types of people get these positions?

[Kenneth Mundy]

12:35 PM on 07/26/2010

Feinberg also says failed bank CEOs deserve their full compensation, even though taxpayers bailed them out. That the disgrace the suffered was punishment enough. "CHANGE" you can believe in - go Ubumu!!!