Today there have been several important articles about the effects of the spill on individuals and businesses. In the Washington Post, there are two stories about the financial payments made to ease the effects of the massive oil spill. Six months after the spill, BP’s money is changing the gulf as much as its oil
Today, it is BP’s money, not its oil, that is most visibly altering the Gulf Coast. The company has been trying – on federal orders – to protect not just the water but the way of life there. But BP’s waterfall of cash has changed people’s lives profoundly.
The second one is an interview with attorney Kenneth Feinberg, who is in charge of payments to business owners. Overseer of BP’s gulf oil spill fund gets his hands dirty
Today the Wall St. Journal commented on the many problems and discrepancies in the payouts. Bumpy Start to BP Fund Puzzles Gulf. From what I read, Feinberg truly has a thankless job, given the large number of undocumented claims. I for one would not want to be in his shoes.
On the same topic, but with a different take — one that covers the personal stories and hardships– see the account in the Huffington Post, Oct. 20: Six Months later, An Oil Spill Spread Across the Gulf. The writer quotes my friend, Laura Olson, who has devoted years to studying the effects of both Hurricane Katrina and the Oil Spill on the local residents.