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Kenneth Feinberg

GM Announces Compensation Program For Victims Of Ignition Switch Crashes

AP/The Huffington Post | JOAN LOWY & TOM KRISHER | Posted 06.30.2014 | Business

General Motors is prepared to offer at least $1 million in compensation for each victim that died as a result of defective ignition switches in GM veh...

GM Recall: What Needs to Happen Next

Ami Gadhia | Posted 06.03.2014 | Politics
Ami Gadhia

As the answers come to light, Consumers Union, the policy and advocacy arm of Consumer Reports, has a list of policy recommendations to raise the bar for accountability and help prevent another safety crisis.

Boston Fund Director On Donations: 'I've Never Seen Anything Like This'

The Huffington Post | Eleanor Goldberg | Posted 06.16.2013 | Impact

The director of the One Fund Boston –- the world’s “foremost expert on victim compensation” –- said donations have been pouring in at a pace...

Boston Fund Director Worries Donations Won't Be Enough

The Huffington Post | Eleanor Goldberg | Posted 05.18.2013 | Impact

Double amputees and families of victims killed during the Boston Marathon attacks will get the most money from the One Fund Boston. Kenneth Feinber...

Are Banking Reparations Justified?

D. Sidney Potter | Posted 06.08.2012 | Business
D. Sidney Potter

I love the smell of "banker repentance" in the morning. Case in point: One of the multi-billion-dollar settlements that's in the pipeline and simmerin...

'Green News Report' - December 1, 2011

Brad Friedman and Desi Doyen | Posted 01.31.2012 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Newt makes ...

Devastating Report Exposes Unequal Treatment of BP Illness Claims

Jordan Flaherty | Posted 09.28.2011 | Politics
Jordan Flaherty

Kenneth Feinberg, administrator of the Gulf Coast Claims Facility has broken with his own past practices, as well as the evidence compiled by scientists and the experience of Gulf Coast residents, and refused to pay health claims filed by Gulf Coast residents.

BP Oil Spill Compensation Fund Winding Down

Posted 07.29.2011 | Business

(Reuters) - The fund BP (BP.L) set up to deal with compensation claims after 2010's Gulf of Mexico oil spill is starting to wind down after paying out...

Dave Jamieson

Gulf Oil Spill: Claims Czar 'Pleased' Despite Glitches, Criticism | Dave Jamieson | Posted 06.15.2011 | Politics

WASHINGTON -- Danielle Thomas spends much of her day with the phone to her ear, listening to hard-luck stories about Alabama workers still dealing wit...

Walking for Truth

Cherri Foytlin | Posted 06.14.2011 | Green
Cherri Foytlin

This week, I've come to Washington, D.C. from the Gulf Coast. Thirty-four days and 1,243 miles ago, I set off on foot from New Orleans, Louisiana. Why have I walked the whole way?

BP, Feinberg and Some Shameful Legal Ethics

Joanne Doroshow | Posted 05.25.2011 | Green
Joanne Doroshow

In a strong rebuke to BP and the legal ethics of its embattled hired gun, Ken Feinberg, a federal judge ruled it was misleading for Feinberg to call himself "independent" of BP. Finally, the residents in the Gulf may have caught a break.

Green News Report: February 3, 2011 (Audio)

Brad Friedman and Desi Doyen | Posted 05.25.2011 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Midwest dig...

US District Court Finds Feinberg/GCCF NOT Independent of BP

Jerry Cope | Posted 05.25.2011 | Green
Jerry Cope

The ruling casts in doubt a large number of claims that have been signed off on by claimants as final settlements in which they agreed not to pursue further litigation in exchange for quick payments.

Broken Promises: Gulf Claims Process Falling Short Of Goals After Government Takeover

ProPublica | Posted 05.25.2011 | Green

Signs are emerging that Feinberg's goals -- particularly his pledge to respond to personal claims for emergency payments within 48 hours -- may be ove...

President Should Stop BP Administrator Feinberg From Helping The Chamber Of Commerce

Jamie Court | Posted 05.25.2011 | Politics
Jamie Court

Why is President Obama letting one of his most important appointees give credibility to his biggest opponent and the BP spill victims' greatest enemy, the Chamber of Commerce?

William Alden

Kenneth Feinberg, Former Pay Czar, Admits Contradiction In His TARP Role | William Alden | Posted 05.25.2011 | Business

Testifying before the Congressional Oversight Panel on Thursday, Kenneth Feinberg came close to admitting that he had failed in his job as pay czar, s...

Bumpy Start To BP Fund Puzzles Gulf

Wall Street Journal | Posted 05.25.2011 | Green

The last Saturday night in September, Timothy Farris shut down his Godfather's Pizza restaurant here in this small Gulf Coast beach town, a victim, he...

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.

Goldman's CEO Made $125M In Bonuses Over Past Decade

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Lloyd Blankfein, CEO of Goldman Sachs, took home $125 million in cash bonuses over the past decade, Bloomberg reports. Shareholders, however, haven'...

Lehman Lawyer Fees Close To $2 Billion

DailyFinance | MELLY ALAZRAKI | Posted 05.25.2011 | Business

It seems there are always those who gain from others' misery. In this case, the lawyers and accountants circling Lehman Brothers stand to make more th...

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...

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...

New Guidelines Could Rule Out Many Oil Spill Claims

Posted 05.25.2011 | Business

MIAMI (Associated Press) - A flower shop in Florida that saw a drop-off in weddings this summer is probably out of luck. So is a restaurant in Idaho t...

In Shakeup, Incoming Spill Claims Czar Will Drop BP's Contractor

Pro Publica | Sasha Chavkin | Posted 05.25.2011 | Politics

This piece originally appeared in Pro Publica. Kenneth Feinberg, the independent paymaster chosen by President Obama to administer damage claims fr...

Feinberg: BP Is Stalling Payments To Victims

CNBC | Reuters | Posted 05.25.2011 | Business

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 c...