Gulf Coast Claims Czar Hopes Eligible Residents Seek Repayment

During his testimony Thursday before the House Committee on Natural Resources, Kenneth Feinberg, Gulf Coast Claims Facility administrator said he hopes 90 percent of eligible individuals and business affected by the April 2010 Gulf of Mexico oil spill will opt into the program. (0:18)

Listen

Gulf Coast Claims Czar: Oil Spill Fund Keeping Its Promise

Kenneth Feinberg, administrator of the Gulf Coast Claims Facility, tells the House Committee on Natural Resources that the fund committed to compensating those affected by the April 2010 oil spill in the Gulf of Mexico is doing its job and “delivering on the president’s promise.” (0:18)

Listen

Gulf Coast Claims Czar: Administration, BP Have Taken A Hands-Off Approach To Repayment

Kenneth Feinberg, administrator of the Gulf Coast Claims Facility, tells the House Committee on Natural Resources that he solely should “bear the brunt” of the success or failure of the fund committed to compensating those affected by the April 2010 oil spill in the Gulf of Mexico. (0:30)

Listen

Gulf Coast Claims Czar Says Program Is A Success

During his testimony Thursday before the House Committee on Natural Resources, Kenneth Feinberg, Gulf Coast Claims Facility administrator said he believes the fund has been successful in compensating those affected by the April 2010 Gulf of Mexico oil spill. (0:26)

Listen

Feinberg: Compensation Principles Were 'Elementary'

Former Special Master of TARP Executive Compensation Kenneth Feinberg discusses the priniciples the Treasury Department outlined for setting up executive paychecks. (0:49)

Listen

My Role Was A 'Sideshow', Says Feinberg

Former Special Master for TARP Executive Compensation Kenneth Feinberg agrees partly with the New York Times about his limited role in the economic process. (0:30)

Listen

Gulf Fund Czar Explains What Must Happen Before He Can Review Gulf Claims

Gulf Coast Claims Facility Administrator, Kenneth Feinberg explains to the Energy and Commerce Committee that before he can begin allocating money for Gulf claims he must first finish the blue print for emergency claims, wait on the governments finalization of the $20 billion escrow account, and have BP transition claims responsibility to the Gulf Coast Claims Facility. (1:03)

Listen

Feinberg: We Can Only Respond To Eligible Claims

Kenneth Feinberg, the administrator of the $20 billion escrow account set up by BP to compensate Gulf Coast victims, stressed the importance for the Gulf Coast Claims Service to only recognize eligible claims regarding damages caused by the BP oil spill.

Listen