British Petroleum, Disenfranchised, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

Feinberg fights back in the press…and blows it.

Kenneth Feinberg, the arbitrator of BP’s oil spill fund, has forwarded twelve names to the Justice Department for fraudulently attempting to get money from the claims fund as reported in the Wall Street Journal, The New York Times and Bloomberg. Not only this, his legal team is currently examining 2000 other claims they suspect to be fraudulent. Said Feinberg, “The fund is working closely with the … Continue reading Feinberg fights back in the press…and blows it.

Drake ToulouseDecember 11, 2010December 11, 2010Leave a comment

British Petroleum, Class War, Control the Information, Disenfranchised, Escrow Account, Ken Feinberg, Oil Spill

$14 Billion Dollars Returned to BP, Feinberg Estimates

In a recent article about the $20 billion dollar escrow account and claims process, Ken Feinberg estimated that after all is said and done, he will have paid out 6 billion of the BP Oil Spill trust fund, and he will then return the remaining $14 billion dollars to British Petroleum. These are surprising numbers, especially when you consider the amount of displeasure and suffering in … Continue reading $14 Billion Dollars Returned to BP, Feinberg Estimates

Drake ToulouseNovember 24, 2010November 24, 20104 Comments

Barack Obama, Bobby Jindal, British Petroleum, Control the Information, Democracy, Disenfranchised, Escrow Account, Gulf Coast, Macondo Well, Oil Spill, Supression of Science, Tony Hayward

Changing Course in the Gulf: Bad Lessons in Money and Politics Pt. 1 – BP and Corexit

In the past five months, Gulf Coast residents have been treated to a number of decisions with direct impact on their lives. They weren’t asked to give input at the time these decisions were made. They weren’t asked how they thought it might affect their future. The decisions occurred above their heads and most times, without their knowledge, but they are the ones now paying … Continue reading Changing Course in the Gulf: Bad Lessons in Money and Politics Pt. 1 – BP and Corexit

Drake ToulouseSeptember 8, 2010September 8, 20101 Comment

British Petroleum, Coast Guard, Control the Information, Oil Spill, Thad Allen

Hundreds of Thousands of patches of oil…skimmers?

Thad Allen, National Incident Commander said today at a press briefing, “There are hundreds of thousands of patches of oil in the Gulf of Mexico,” as a result of British Petroleum’s catastraphuk. He went onto say, “The ultimate impact of the spill, the amount of tarballs…will be the subject of long-term surveillance. Our goal would be to keep as much of it off the beaches … Continue reading Hundreds of Thousands of patches of oil…skimmers?

Drake ToulouseJuly 26, 2010July 26, 2010Leave a comment