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Ken Feinberg

Gulf Activists Stage Protest as BP's Cleanup Slows

Susan Buchanan | Posted 10.21.2011 | Green
Susan Buchanan

BP's gushing well was capped in mid-July of last year but that was hardly the end of the spill saga for Gulf Coast residents.

Michael McAuliff

Eric Holder Names Class Action Lawyer To Run 9/11 Fund | Michael McAuliff | Posted 07.18.2011 | Politics

This story has been updated to include an interview with John Feal. WASHINGTON -- Attorney General Eric Holder named a veteran New York lawyer to h...

Grand Isle Businesses Battered by BP Oil Disaster

Rocky Kistner | Posted 05.25.2011 | Green
Rocky Kistner

2011-02-05-rockykistner.jpgFor over 30 years, the Rigauds owned one of the most popular eateries on Grand Isle, LA.

Fishermen Dismayed Over Low Payouts in Spill Claims

Susan Buchanan | Posted 05.25.2011 | Green
Susan Buchanan

For fishermen counting on checks for losses they sustained from the BP spill, the mail can bring the denial of a claim or a much slimmer payout than anticipated.

Happy Holidays From BP, the Gift That Keeps on Giving

Jerry Cope | Posted 05.25.2011 | Green
Jerry Cope

Under gray overcast skies eight months after the BP blowout in the Gulf of Mexico, waves of crude oil roll into estuaries, bayous, and onto the desert...

Fishermen Cling To Livelihoods During Spill Recovery

Susan Buchanan | Posted 05.25.2011 | Business
Susan Buchanan

Louisiana's commercial fishermen are "disaster veterans," trying to hang on, while the local seafood industry struggles to recuperate from BP's oil sp...

Abandoned By The Media, The Fisherman Of The Gulf Coast Struggle Along

Rocky Kistner | Posted 05.25.2011 | Green
Rocky Kistner

The media has gone AWOL. Last week at a meeting in Buras, LA, fishermen gathered to talk about ways to show the public the oil is not gone. They felt abandoned and desperate.

Extreme Turbine Power Boats to Help Clean Up the Gulf

Jerry Cope | Posted 05.25.2011 | Green
Jerry Cope

In its continuing effort to protect the public from toxic chemical exposure due to crude oil and Corexit dispersants, the City Of Orange Beach, Alabam...

The Well Is Capped, But BP Saga Continues

Gibson Vance | Posted 05.25.2011 | Business
Gibson Vance

It's important to remember that BP is not showing magnanimity by participating in a compensation program -- fund or no fund, they are legally obligated to pay for damages caused by their explosion and spill.

Kenneth Feinberg, Gulf Oil Fund Czar, Has Biggest Challenge Yet

Mother Jones | Kate Sheppard | Posted 05.25.2011 | Politics

Kenneth Feinberg is used to tough jobs. But his latest task--determining how to dole out the $20 billion BP is putting up to compensate victims of the...

Feinberg Let BP Go Back On Its Word to Compensate "All Legitimate Claims"

Rep. John Conyers | Posted 05.25.2011 | Politics
Rep. John Conyers

As we remember the five-year anniversary of Hurricane Katrina, I strongly urge Ken Feinberg, the Administrator of the Gulf Coast Claims Facility, to reverse his decision not to pay victims' mental health claims.

Gulf Oil Spill Victims May Be Able to Sue Some Companies

Bloomberg | Jim Snyder | Posted 05.25.2011 | Business

Aug. 23 (Bloomberg) -- Kenneth Feinberg, who today will start drawing from a $20 billion escrow fund for Gulf oil spill victims, hasn't decided whethe...

State's Oyster Growers Weigh Options in Claims Process

Susan Buchanan | Posted 05.25.2011 | Green
Susan Buchanan

Oyster growers seeking compensation for losses after the spill worry that payments will hinge on whether damages were from fresh-water flows ordered by Governor Bobby Jindal or the presence of oil.

Oil Spill: The Ripple Effects

Vicky Collins | Posted 05.25.2011 | Politics
Vicky Collins

I finally got to the Gulf coast to work on a story about the oil spill for PBS NewsHour. I didn't see any oil, but what I did witness was a a boatload of fear.

Shahien Nasiripour

Pay Czar Names 17 Banks That Paid Huge Bonuses After Being Bailed Out | Shahien Nasiripour | Posted 05.25.2011 | Business

The federal overseer entrusted with investigating Wall Street pay has declined to take action, arguing that the public wouldn't be served by going aft...

White House Pay Czar Expected To Blast 17 Banks For 'Ill-Advised' Payments To Execs

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Kenneth Feinberg, the Obama administration's "pay czar," is set to slam the leadership of 17 bailed-out banks and other financial institutions that pr...

Ken Feinberg, Obama Pay Czar: Bailout Firms Still Don't Get Public's Outrage Over Huge Pay Packages

Posted 05.25.2011 | Business

White House pay czar Kenneth Feinberg said Monday that a number of firms under his jurisdiction remain out of sync with the rest of the nation on the ...

Wall Street Bankers Are Overpaid, Says Morgan Stanley Chairman John Mack

Bloomberg | Posted 05.25.2011 | Business

Morgan Stanley Chairman John Mack said investment bankers are overpaid and Wall Street compensation won't decrease much because firms don't want to lo...

Wall Street Makes Merry With Other People's Money

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

There's a good deal of jolliness on Wall Street this holiday season, thanks to the billions of dollars in bonuses that will be stuffed into the stockings of your favorite bankers. It's safe to assume the final tally will be very big.

Supreme Court To Hear Case About Excessive Pay; Parallels Seen In Executive Compensation

Washington Post | Robert Barnes and Steven Mufson | Posted 05.25.2011 | Business

The Supreme Court this week will hear a case that raises bedrock questions about the ability of the market to set "reasonable" corporate compensation,...

Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 05.25.2011 | Business

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

Sam Stein

Pay 'Czar' Feinberg: I'm Not Eager To Use Imperial Edicts | Sam Stein | Posted 05.25.2011 | Business

The man known as President Obama's "czar" of CEO pay, Kenneth Feinberg, said on Thursday that he finds the title "unfortunate" and believes that the c...

Pay Czar Kenneth Feinberg Raised Base Pay At Bailed Out Firms

Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 05.25.2011 | Business

Treasury Department pay czar Kenneth Feinberg last week announced sharp cuts in total compensation at the finance and auto companies under his control...

Pay Czar, Kenneth Feinberg: Says Lack of Pay Authority Is Disappointment (Update1) | Ian Katz | Posted 05.25.2011 | Business

Jan. 6 (Bloomberg) -- Kenneth Feinberg, the U.S. special master on executive compensation, said he's disappointed he lacks authority to have greater i...

Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

The New York Times | LOUISE STORY | Posted 05.25.2011 | Business

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...