BP and Kenneth R. Feinberg,Esquire

Kenneth R. Feinberg, specialized in mediation and alternative dispute resolution during his long and distinguished legal career, allocated money to victims of the BP oil spill and its many consequences with fund handling, putting a price on unspeakable tragedy. He had garnered praise from the victims of 9/11, for his leadership of the September 11th Victim Compensation Fund. His adept handling got him the BP deal since he had established a reputation for fairness. Brief background on BP OIl Spill per National Oceanic and Atmospheric Administration's N.O.A.A) Emergency Response Division (ERD), which is part of NOAA's Office of Response and Restoration (OR&R). ERD was formerly known as the Hazardous Materials Response Division, or HAZMAT. At 2:24 AM (local time Central Standard Time) on April 21, 2010, NOAA was notified of an explosion and fire on a deepwater semisubmersible drilling platform some 50 miles SE of the Mississippi Delta. The incident on the DEEPWATER HORIZON occurred at approximately 11:00 PM on 20 April (a little more than three hours earlier) with more than 120 crew reported aboard. The rig is still on fire, has been evacuated, and USCG Search and Rescue (SAR) operations are continuing. A secondary concern is the estimated 700,000 gallons of #2 Fuel Oil or Marine Diesel Fuel reported onboard. The USCG has requested trajectory support. He was or still is, US Treasury Special Master for TARP Executive Compensation which allows him to collect hefty speaking fees. He also determined fair executive pay at institutions receiving TARP bailout funds. Feinberg made newspaper headlines in October 2009 when he announced that he was steeply cutting total compensation at the firms under his supervision. A Wall Street Journal analysis revealed that, although Feinberg did slash total compensation by half, he increased the base pay, in some cases by hundreds of thousands of dollars, after the financial institutions complained about his original plan. Lately Feinberg is doling out money for General Motor Corporation's faulty ignitions. Said to be valued at about $2 each, the car parts have nevertheless knocked at chunk out of GM's bottom line of profits some of which is supposedly allotted to the U.S. government until the debt is paid unlike Fisker Automotive of Finland, A123 Systems,Solyndra LLC and others who went bankrupt leaving taxpayers "holding the bag" and DNC donors heading for millionaire retirement. Some people think that A123 COULD have marketed an automotive 12 volt Lithium battery for the millions of automobiles on America's roads, not just the power supplies for electric cars. SEARS is offering some sort of 12 volt Lithium battery for over $3100, reduced from $3600, while China offers them in bulk for around $300. Had A123 marketed the super powerful Lithium batteries for average cars, they MIGHT have reduced the price and carved out a niche in the marketplace avoiding bankrupsy and selling out for a fraction of what they owed, creating the gigantic loss for taxpayers. Many of these "GREEN and GREAT government business partners" have left for Switzerland and parts unknown for "the good life" since they reaped a good windfall. Chicago lawyer, Kenneth R. Feinberg announced the guidelines for compensating the families of those killed and those injured as a result of an ignition switch defect in 2.6 million General Motors small cars. GM made a statement that on Aug. 1,2014. Will it be his toughest assignment? Feinberg and his team will continually use his guidelines to determine just who exactly is a victim and who is not. Mechanics began noticing that people with heavy keyrings full of keys and weighty dangling objects were blaming their key arrangements but the faulty switches themselves were at risk to inadvertently slip into accessory position, causing engines to shut off, disabling power steering that was not even available formerly on small cars and power brakes would stiffen and become bulky. To make matters worse, air bags would not deploy so if a crash happened the occupants would not be cushioned by the bags. GM itself linked the ignition defect to 54 accidents and 13 deaths. Congressional committees investigating the issue thought the number to be a good deal higher. Naturally plaintiff attorneys wanted the actual number of victims to be much higher. But determining which accidents were a result of the defect is tricky due to factors such as event data recorders or "black boxes" with of the cars involved in the accidents being unavailable. Whether an automobile was still running, speed it was going, and whether brakes were engaged in the critical moments before impact were all recorded in these "black boxes" which are ORANGE on aircraft to make them easier to spot in the wreckage. Nevertheless, sometimes the box cannot place the faulty ignition switch to blame for an accident. Perhaps even more difficult, Feinberg will have to demonstrate to claimants that he is impartial and not a tool of GM and the federal government. That may be complicated by the sizable fee he is charging GM. Although Feinberg has been pro bono and donated his services in certain cases, his law firm earned $1.25 million per month for the bulk of its two years working for BP. GM has not disclosed Feinberg's fee. At the same time, Feinberg is under pressure to produce what GM's chief executive Mary T. Barra has said the company is paying for--getting compensation fairly and quickly to the loved ones of those killed and those seriously injured because of the defect. As for 9/11 victims, Kenneth R. Feinberg has dispensed over $7 billion among victims of the Sept. 11, 2001 terrorist attacks. He parceled out donations given to the victims of the Virginia Tech massacre. He checked out over a half million claims and allocated billions of dollars to business people who suffered economically as a result of the massive BP oil spill in the Gulf of Mexico. And he divided and dispersed the donations given to victims of the mass shooting in Aurora, Colo. and the Boston Marathon bombing. The number of victims went from dozens to 175 as more people realized they were injured or had losses due to the bombing. Beginning in late January of the 1991 Gulf War, the Iraqi Army deliberately and idiotically destroyed tankers, oil terminals, and oil wells in Kuwait, causing the release of about 900,000,000 barrels of oil. This was the largest oil spill in history and was extremely stupid unless someone wanted to reclaim the oil AND make millions of dollars doing it. Who's HAZMAT cleaned up the mess? Kyra Sedgwick, Star Trek,Retirement,Gisele Bundchen ,Niall Horan ,Vanessa Lachey ,Jessica Alba ,Megan Fox ,Melissa Gorga ,Heidi Klum ,Heidi Klum.