Compensation czar takes charge of $20 billion BP fund

Posted by Washington Post: Juliet Eilperin on August 23rd, 2010
Reuters: A $20 billion compensation fund for economic victims of the BP Gulf oil spill opens for business on Monday amid accusations that the rules established by its administrator are unfair. Kenneth Feinberg who will run the fund said those who sustained financial loss because of the spill could claim for damages and he promised claimants more generous treatment than they would get if they sued the energy giant for damages. "The goal here is to try and explain to eligible claimants: ......

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