BP Mediator Feinberg Cannot Call Himself Independent, Judge Says

A federal judge said that Kenneth Feinberg, the lawyer paying victims of BP Plc's Gulf of Mexico oil spill, cannot identify himself as an independent administrator of a $20 billion settlement fund, Bloomberg News reported today. U.S. District Judge Carl Barbier in New Orleans concluded yesterday that Feinberg must fully disclose his ties to BP when communicating with potential claimants. Lawyers for oil-spill victims had questioned Feinberg's handling of the $20 billion trust fund, known as the Gulf Coast Claims Facility (GCCF). "A full disclosure of the relationship between Feinberg, the GCCF, and BP will at least make transparent that it is BP?s interests" that Feinberg is promoting in his role as head of the fund, the judge said in a 15-page ruling


http://www.bloomberg.com/news/print/2011-02-02/bp-mediator-can-t-identify-himself-as-independent-court-rules.html

BP is Sorry- GIVE ME A BREAK !!!!!!

President Barack Obama wrested a $20 billion compensation guarantee and an apology to the nation from British oil giant BP on Wednesday, announcing the company would set up a claims fund for shrimpers, restaurateurs and others whose lives and livelihoods are being wrecked by oil flooding into the Gulf of Mexico. Resolving one particularly thorny dispute, BP will also establish a separate $100 million fund to support oil rig workers idled by Obama's post-spill six-month moratorium on new deep-sea oil drilling.



I REPEAT NO DRILLING IN THE GULF!!!!!!!!  YOU ARE DESTROYING OUR ENVIRONMENT!