For BP Oil Spill Claimants in Gulf, Needs Haven't Been Met


BP is paying Feinberg's firm $850,000 a month to administer the fund, and now he's renegotiating the contract -- upwards.

Feinberg Says Claims Process Is Working

"I think that it is money well spent," Feinberg said. "I think we can do a better job, but overall, I think it's working, and it's working well."

Earlier this month, a Louisiana judge ruled that because he's on BP's payroll, Feinberg must stop telling claimants he's independent. Feinberg said he's doing his job -- getting BP's money out the door. But for folks like Darla Rooks, whose livelihoods were devastated by the BP oil spill, it's not enough.

She wanted her grandson to take over the family business -- a dream dashed by that exploding oil well. "There's no future for him, no future for me, no future for anybody. And as long as BP and Ken Feinberg doesn't do what they're supposed to do, there's gonna be no future for southeast Louisiana," she said.

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