Posted: Aug 18, 2010 6:19 PM by MIKE MAGNOLI
Updated: Aug 18, 2010 6:20 PM
Now to the latest on BP and the hundreds of thousands of gulf coast residents trying to get compensation from the company. The financial impact of the crude disaster is felt statewide. BP has set up an escrow account with 20 billion dollars in it. President Obama appointed Ken Feinberg to decide who is eligible for compensation. Feinberg led an open house meeting today in Houma to answer questions about the claims process.
"You are eligible you're getting a check."
Call him the new money man, "the pay czar" and come Monday he's the decision maker: Ken Feinberg's people will pick and choose who gets a BP check and who doesn't.
Here at the Houma Civic Center a crowd of frustrated Louisiana natives want to know if they're going to make the cut and they're also sizing Feinberg up.
You couldn't get claim applications here, but they were handing out lists of frequently asked questions in different languages.
"What about the oil field workers?"
That question, in plain English, was the one that came up multiple times but went unanswered. Troy Dupre left the family shrimp business on Vermillion Bay to work in the oil industry, but the moratorium has him in a bind.
"Don't come to me on Monday with a moratorium claim,"- Feinberg told the audience, that's not his area.