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…
Okay, so first we acknowledge the obvious: Lawyers being lawyers, and British Petroleum having long since given up that whole “making things right,” and “actions, not words” schtick – at least in reality – of course BP is going to try to use every legal maneuver to pay as little as possible to anyone. Their company’s in trouble now that the Rosneft deal looks blown so yeah, … Continue reading Here come the lawyers…a day in Judge Barbier’s court…
…you’re being had? In all the articles I’ve read or written about over the past year or so, especially the ones concerning Ken Feinberg and the GCCF, the one thing that keeps coming up time and time again is claimants, politicians, the Justice Department and everybody else involved cites a problem with the claims process, they come up with what they think is a reasonable … Continue reading Did you ever get the feeling…
A quick perusal of the GCCF’s current statistics on the claims process shows two very important things… 1. Quick payments are getting paid, unless a person find themself suddenly under investigation by Guidepost Solutions. 2. Still not getting paid are final payments and really not getting paid are interim payments. Making the news of late is the GCCF claims offices that are closing down throughout … Continue reading Reviewing a claim is not paying a claim…
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?
When Ken Feinberg was fending off criticisms of his methodology, he inferred the process was open to alterations should conditions in the Gulf require it so…well, in the case of the oyster business, looks like we’ll soon find out if that was true because for them, the conditions have changed. With the swelling of the Mississippi River, no doubt many of you are aware of … Continue reading I wonder, did the GCCF’s methodology take into account the opening of the Bonnet Carre?
So, you know about BP’s past year in the Gulf Coast… And you may have heard a little something about their travails in Alaska…that whole thing about being ordered to pay $25 million in civil fines for not properly maintaining their pipelines, which resulted in two additional spills in Prudhoe Bay… Oh, but that’s not all…when your company is this focussed on ethics and safety, you know … Continue reading Now, BP’s being sued for price manipulation…
Okay… So you guys start two wars, deregulate the banking industry and the markets… The wars don’t end, the investment banks start manipulating markets with the complicity of the Federal Reserve… Thus, leading to a bunch of bad loans sold as good loans leading to the collapse of the housing market and the near collapse of the banks… The government continues giving tax breaks to … Continue reading Just so I’m completely clear on this…
Ken Feinberg has been getting a lot of flack from people in the Gulf Coast regarding his claims process. The accusations are flying a mile a minute, some of them coming from various members of Congress, the Justice Department and the Attorneys General of Alabama and Mississippi. Apparently having had enough of this, Feinberg wrote an editorial in last Sunday’s Press Register, where he took … Continue reading The GCCF Statistics…What Ken’s editorial doesn’t report…
For over a year now, ever since the oil spilled, the Gulf Coast has suffered from a deluge of promises that have been left unfulfilled. We hear talk of making things right, of actions not words, various members of Congress and a President declare their disgust with British Petroleum but all the same, pass no bills to change the unfortunate status quo and make it any safer. Ken … Continue reading 100,000 Cheri Foytlins…
Drake Toulouse: Photography and Words 