Wow. This is rich...
It seems that Ken Feinberg received a letter from Louisiana's Attorney General questioning Feinberg's independence. Since, oh by the way, Mr. Feinberg is being paid $850,000 a month by BP to administer the gccf. And, oh by the way, all money left in the fund will be returned to BP, presumably with all interest accrued, as well. In response, Mr Feinberg sought legal advice from a New York University professor, Stephen Gillers, a "nationally recognized expert in the field of legal ethics". Mr. Gillers and an assistant were paid a total of $1425.00 an hour to study the case and issue an opinion. In a letter to Feinberg, Gillers wrote, "You are an independent administrator." Who do you imagine paid the Gillers bill? BP.
Really?
Check out the entire Associated Press story on Sun Herald or WLOX web sites.
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