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Thousands of fake gulf claims suspected

Thousands of fake gulf claims suspected

NEW ORLEANS, Dec. 15 (UPI) -- A few thousand of the 460,000 claims filed in the gulf oil disaster seem fraudulent, federal compensation boss Kenneth Feinberg says.
Slow BP compensation angers Alabamians

Slow BP compensation angers Alabamians

GULF SHORES, Ala., Dec. 13 (UPI) -- Six months after oil from the Deepwater Horizon disaster hit the beaches of Alabama, many say BP's promised compensation has not come.
Pay for salaried GM staff still frozen

Pay for salaried GM staff still frozen

WASHINGTON, Dec. 10 (UPI) -- General Motors Co. Chief Executive Officer Daniel Akerson in Washington Friday said salaried staff would see no raises for another year.
BP claims process enters final phase

BP claims process enters final phase

WASHINGTON, Nov. 24 (UPI) -- The final settlement phase has begun in negotiating lump-sum settlements for people affected by the BP oil spill in the Gulf of Mexico, administrators said.
BP money, not oil, spilling over Gulf

BP money, not oil, spilling over Gulf

VENICE, La., Oct. 20 (UPI) -- Six months after the BP oil spill, U.S. compensation czar Kenneth Feinberg says he's paid out 75,000 claims totaling $1.5 billion of the $20 billion available.
BP compensation fund called vulnerable

BP compensation fund called vulnerable

LONDON, Oct. 16 (UPI) -- Funds made available for victims of the BP oil spill in the Gulf of Mexico are vulnerable to fraudulent claims, the U.S. administrator of the funding said.
Paymaster says job costs him money

Paymaster says job costs him money

WASHINGTON, Sept. 10 (UPI) -- Kenneth Feinberg says he didn't keep a dime of his salary as special paymaster for President Obama's administration. He said the job actually cost him money.
Big-bank execs not asked to return bonuses

Big-bank execs not asked to return bonuses

WASHINGTON, July 23 (UPI) -- Federal pay czar Kenneth Feinberg said Friday ill-advised bonus payments were made to executives of 17 U.S. financial firms in late 2008 and early 2009.

Bonuses back

With no major reports on U.S. economic data set for release Friday attention turned to a new report by Kenneth Feinberg on big bank bonuses.
AL SWANSON, United Press International

No mechanism yet for aiding oil workers

WASHINGTON, July 20 (UPI) -- Neither the Obama administration nor BP has released any details on how a fund, set up to pay oil workers for a deepwater drilling moratorium, will be handled.

BP looks at new 'static kill' option

VENICE, La., July 20 (UPI) -- Scientists are reviewing a new option for permanently sealing the oil well in the Gulf of Mexico, saying the option's simplicity is attractive.
$20 billion may not cover oil spill claims

$20 billion may not cover oil spill claims

WASHINGTON, July 11 (UPI) -- The U.S. administrator of the $20 billion fund for victims of the Gulf of Mexico oil spill said he doesn't know if that will cover claims that will ultimately be filed.
BP oil fund chief 'totally independent'

BP oil fund chief 'totally independent'

WASHINGTON, July 4 (UPI) -- The U.S. administrator of the $20 billion fund for victims of the massive gulf oil spill said Sunday he answers to neither BP nor the Obama administration.

BP fund chief promises quick payment

WASHINGTON, June 20 (UPI) -- The U.S. lawyer overseeing the $20 billion BP fund to compensate Gulf Coast residents for oil spill-related losses promised prompt payment.

BP escrow chief seeks trust of claimants

JACKSON, Miss., June 19 (UPI) -- The Washington lawyer in charge of the $20 billion BP oil-spill escrow fund says he'll have to earn the trust of blue-collar Gulf Coast residents.
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Kenneth Feinberg
Kenneth Feinberg, Special Master for Executive Compensation under the Troubled Asset Relief Program (TARP), speaks on his newly released report which outlined pay restrictions for the top employee at seven of the largest U.S. financial companies, in Washington on October 23, 2009. UPI/Kevin Dietsch
Wiki

Kenneth Feinberg (born October 23, 1945, Brockton, Massachusetts) is an American attorney, specializing in mediation and alternative dispute resolution. Feinberg was appointed Special Master of the U.S. government's September 11th Victim Compensation Fund and currently serves as the Special Master for TARP Executive Compensation, popularly called the "pay czar." Additionally, Feinberg currently serves as the government-appointed administrator of the BP Deepwater Horizon Disaster Victim Compensation Fund. He is also an adjunct professor at the Columbia University School of Law, University of Pennsylvania Law School, Georgetown University Law Center, New York University School of Law, the University of Virginia School of Law and at the Benjamin N. Cardozo School of Law.

Originally from Brockton, Massachusetts, he received a Bachelor of Arts from the University of Massachusetts-Amherst in 1967 and a law degree from the New York University School of Law in 1970. He worked for five years as an administrative assistant and chief of staff for U.S. Senator Ted Kennedy and as a prosecutor for the U.S. Attorney General. Before founding his own firm The Feinberg Group (now Feinberg Rozen, LLP) in 1993, he was a founding partner at the Washington office of Kaye Scholer LLP.

Feinberg has served as Court-Appointed Special Settlement Master in cases including Agent Orange product liability litigation, Asbestos Personal Injury Litigation and DES Cases. Feinberg was also one of three arbitrators who determined the fair market value of the Zapruder film of the Kennedy assassination and was one of two arbitrators who determined the allocation of legal fees in the Holocaust slave labor litigation. He is a former Lecturer-in-Law at a number of U.S. law schools.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Kenneth Feinberg."
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