Thursday, October 11, 2012

putting a price on tragedy.

When tragedy strikes the United States, you better believe there will be hell to pay. Literally. Washington lawyer and author, Kenneth R. Feinberg served as the special master of the federal September 11th Victim Compensation Fund, which distributed nearly $7 billion to more than 5,000 victims and families of victims of 9/11. Three years later, he agreed to administrate the Hokie Spirit Memorial Fund, set up for the benefit of victims' families in the wake of the 2007 Virginia Tech mass shooting.

Feinberg recently wrote his insider's view in, Who Gets What: Fair Compensation After Tragedy and Financial Upheaval. In our world today, people are suing each other left and right. The reasons go from ridiculous to necessary, and Feinberg uses his expertise to describe his deciding factor on what is fair and why. If you're into finance, you're welcome.



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