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

Feinberg’s adjustment like a backhanded compliment…

Feinberg’s helping again… He took a look at the poor harvest this season of shrimp and crab from the Gulf of Mexico and decided something needed to be done, that more compensation was necessary as the damages from this oil spill were greater than he had originally estimated… And he was right in this assessment, and to fix it he will increase the compensation rates for shrimpers and … Continue reading Feinberg’s adjustment like a backhanded compliment…

Drake ToulouseDecember 2, 2011December 2, 20111 Comment

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

Gulf Coast fishermen report continued problems in the water…

Rocky Kirstner, writing on his blog for the NRDC, speaks to several fishermen who highlight the ongoing problems in the Gulf: The all important white shrimp season opened a week ago and some fishermen say it too will be a disaster, perhaps worse than the brown shrimp season that ended in July and was a disappointment to many. “It’s the worst I’ve ever seen by a long … Continue reading Gulf Coast fishermen report continued problems in the water…

Drake ToulouseSeptember 7, 2011September 7, 20111 Comment

British Petroleum, Control the Information, Escrow Account, Ken Feinberg, Macondo Well, Oil Spill

Feinberg: GCCF claims process winding down…

In a Fox News article posted over the weekend, Ken Feinberg said the claims process was winding down. He also told the Telegraph he’d processed over 80% of claims, “I’ve used just over $4 billion dollars…I don’t envision a flood of new claims.” Interesting, and potentially problematic… With the terrible beginning to the brown shrimp season resulting in a new groups of claims being filed, … Continue reading Feinberg: GCCF claims process winding down…

Drake ToulouseJune 1, 2011June 1, 2011Leave a comment

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

Brown shrimp season starts with a whimper…

Despite reports by experts that initial testing had proved positive, the brown shrimp season has gotten off to a poor start. A government source confirms the catches are down dramatically, and because of the high cost of gas and the low price for gulf shrimp, some fisherman have already given up one week into the season. “It’s the worst I’ve ever seen for a shrimp … Continue reading Brown shrimp season starts with a whimper…

Drake ToulouseMay 24, 2011May 24, 20116 Comments