Tag: Kenneth Feinberg

British Petroleum, Control the Information, Disenfranchised, Gulf Coast, Oil Spill, Social Work, Tony Hayward

Some Perspective…BP Set to Announce 5 Billion Dollar Profit in 2nd Quarter

From the Telegraph: This week is likely to see the start of BP’s fightback, beginning with the announcement of $5bn in profits for the second quarter of 2010 and the resignation of Hayward – a symbolic break with the steady drip of bad news that has bombarded the company since April 20. While I do understand the necessity of British Petroleum staying afloat so they … Continue reading Some Perspective…BP Set to Announce 5 Billion Dollar Profit in 2nd Quarter

Unknown's avatarDrake Toulouse2 Comments
British Petroleum, Disenfranchised, Gulf Coast, Oil Spill

Feinberg says “BP delaying relief payments”

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 compensation fund, said on Saturday. “I have a concern that BP is stalling claims. Yes, BP is stalling. I doubt they are stalling for money. It’s not that. I just don’t think they know the answers to the questions (by … Continue reading Feinberg says “BP delaying relief payments”

Unknown's avatarDrake Toulouse2 Comments