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Feinberg's Latest Undertaking
June 5, 2014
Kenneth Feinberg, right, is famous for having to make seemingly impossible decisions. His latest: working out settlements for victims and families affected by GM's faulty ignition switches—which the company acknowledges killed at least 13 people. Today, GM announced that it fired 15 for the "incompetence and neglect" shown in handling the problem. Ken's well-known past roles include special master for the September 11 Victim Compensation Fund, administrator of funds in the wake of the Boston Marathon bombing and the Virginia Tech shootings, and handling claims over TARP executive compensation and the BP Gulf spill. We snapped him above at an ABA Dispute Resolution event, where he was awarded for his problem-solving prowess.
