British Petroleum, Control the Information, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

What do Ken Feinberg and the former IMF head accused of sexual assault have in common?

Answer: They both hired Guidepost Solutions to investigate their victims. When Feinberg decided his “no strings” offer of quick payments for claimants was too, “no strings,” he hired Guidepost Solutions to begin investigating their already paid EAP claims and If the EAP claim was then found to be fraudulent, no quick payment… And when Strauss-Kahn, the now former head of the IMF gets charged with sexually assaulting a hotel maid, … Continue reading What do Ken Feinberg and the former IMF head accused of sexual assault have in common?

Drake ToulouseMay 20, 2011May 20, 2011Leave a comment

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

Feinberg fails, to succeed…and gets a raise!

Guess who’s getting more money in the Gulf? If you guessed claimants, you don’t read this blog too often, but if you guessed Feinberg…you win! And what do you win? Your very own gift-wrapped box of anger and frustration. Just announced, Feinberg and his law firm had their rate of pay increased from $850,000 dollars a month to $1.25 million dollars. Obviously because of the … Continue reading Feinberg fails, to succeed…and gets a raise!

Drake ToulouseMarch 26, 2011March 26, 20114 Comments

British Petroleum, Coast Guard, Control the Information, Disenfranchised, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

Feinberg fights back? An answer to his answer to the Strange letter…

So, as I commented two days ago, Alabama Attorney General Luther Strange fired off an angry letter to Ken Feinberg, the BP paid administrator of BP’s compensation fund outlining several objections he had with the process, chief among them being the snail’s pace and meager size of the payments, the lack of transparency in the process, and the stress this is causing to the citizens of his state. Mr. Strange demanded … Continue reading Feinberg fights back? An answer to his answer to the Strange letter…

Drake ToulouseMarch 25, 2011March 25, 2011Leave a comment

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

Here come the Attorneys General…but where’s Obama?

The Attorney General of Alabama, Luther Strange wrote a letter to Ken Feinberg about his concerns with the GCCF and the payment of claims, highlighting many of the problems with the process that have been highlighted here and on several other websites. Among his concerns: 1. Of all the claims reportedly paid, 98.9 % are the quick pay claims, claims that require no processing and … Continue reading Here come the Attorneys General…but where’s Obama?

Drake ToulouseMarch 23, 2011March 23, 20113 Comments

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

Well Ken, I suppose congratulations are in order?

From the Walton Sun: The Gulf Coast Claims Facility (GCCF) announced Monday that more than half of the claims submitted to the organization for losses associated with the Deepwater Horizon oil spill have been processed. Ken Feinberg, GCCF administrator, reported more than 54 percent of the roughly 256,000 claims submitted since the end of the emergency payment period in November have been processed. “We are … Continue reading Well Ken, I suppose congratulations are in order?

Drake ToulouseMarch 16, 2011March 16, 20114 Comments

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

Feinberg’s new quick pay loophole…the investigation

From the GCCF website: “Who is eligible for a Quick Payment? A Claimant who has been paid an Emergency Advance Payment from the GCCF of any kind can receive a Quick Payment. Thus any Claimant who has been paid an Emergency Advance Payment by the GCCF on a Lost Income, Property Damage, Removal and Clean Up, Loss of Subsistence Use, or Physical Injury/Death claim can … Continue reading Feinberg’s new quick pay loophole…the investigation

Drake ToulouseFebruary 9, 2011February 9, 201126 Comments

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

It would appear Guidepost Solutions getting busy in the Gulf…

Guidepost Solutions, the investigative arm of Ken Feinberg and the GCCF = British Petroleum, have apparently been stirring up the Gulf’s waters these past couple of weeks. From their website’s masthead: “Guidepost Solutions LLC is a global investigations and security company with expertise in designing and managing the installation of physical security and life safety systems for both new and existing sophisticated facilities and operations. The … Continue reading It would appear Guidepost Solutions getting busy in the Gulf…

Drake ToulouseFebruary 8, 201112 Comments

British Petroleum, Escrow Account, Ken Feinberg, Oil Spill

People eager to tell Feinberg their opinions on GCCF methodology…

When Feinberg posted the GCCF’s methodology, he opened up a two-week public comment period and requested claimants in the Gulf Coast post their thoughts directly to the website. He pledged to monitor the public feedback and make adjustments to his methodology as necessary, taking into account the concerns of the people most affected by the oil spill and the claims process. A perusal of the … Continue reading People eager to tell Feinberg their opinions on GCCF methodology…

Drake ToulouseFebruary 6, 2011February 6, 20111 Comment

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

The GCCF Methodology…experts, experts and more experts, paid for by BP

On Wednesday, Ken Feinberg and the GCCF released their methodology to show how interim and final payments will be determined. They highlighted a chorus of retained and consulted experts who expect the Gulf to be back to normal by 2012. They also pointed out, a few times, how claimants would be eligible for twice their documented 2010 damages and eligible oyster harvesters could receive four … Continue reading The GCCF Methodology…experts, experts and more experts, paid for by BP

Drake ToulouseFebruary 4, 2011February 4, 20118 Comments

Bobby Jindal, British Petroleum, Class War, Disenfranchised, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

Dear Mr. Feinberg…Frankly, I don’t give a damn how much you’ve already paid out…and more…

Ed Note: Mr. Feinberg just released methodology on interim and final claims… More on that Friday… In the past few days, Ken Feinberg and co. have come under increasing attack… Bobby Jindal finally said something about the claims process and joined his Attorney General, Bobby Caldwell in filing a motion to request a federal judge to oversee the oil leaks claim process. Joining him is … Continue reading Dear Mr. Feinberg…Frankly, I don’t give a damn how much you’ve already paid out…and more…

Drake ToulouseFebruary 2, 2011February 3, 20112 Comments