Friday, March 4, 2011

No Conflict of Interest Here

Remember that whole BP oil spill thing? Something happened last summer. Anyway, I forget, cuz you never hear about it anymore, and magical fairies cleaned up the entire Gulf of Mexico and there is no more oil anywhere to be found. Hooray!

But even though there's no more oil, whatsoever, and it was all eaten up by microbes and Jesus, there still remains the $20 billion fund set aside to compensate victims of the now-completely-cleaned-up-and-non-existant-nothing-to-see-here-spill. Ken Feinberg was selected to oversee that fund, and you will be glad to know he is taking this shit on pro bono:
Feinberg, a Washington lawyer who previously administered the 9/11 Victim Compensation Fund, and his law firm negotiated a contract with BP to be paid $850,000 a month for overseeing the Gulf Coast Claims Facility, which doles out compensation to victims of the oil spill. That salary comes up for review every three months, Vitter said. . . . He also said the $850,000 a month salary “seems staggering, particularly in that it’s not tied in any way to any certain number of hours worked by any certain number of people.”
I am sure he'll be completely impartial and empathetic to the victims when he's a paid contractor of BP making $10 million a year. 

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