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› People › Kenneth Feinberg
Person · entity profile
Kenneth Feinberg
5
source-backed facts
1 publication
Finance
finance · BBC
The fund has been set up for a four-year period to pay claims.
“The fund has been set up for a four-year period to pay claims”
4 years
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finance · BBC
Claims could be paid within 30-60 days of being filed.
“Claims could be paid within 30-60 days of being filed, Mr Feinberg said”
30 days
60 days
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finance · BBC
By the time the 9/11 fund was wrapped up in 2005, $7bn had been awarded to 97% of the more than 7,000 claims.
“By the time the fund was wrapped up in 2005, $7bn had been awarded to 97% of the more than 7,000 claims.”
7 bn
97 %
more than 7000
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finance · BBC
The average award to relatives of those who died was $2m; for those injured $390,000.
“The average award to relatives of those who died was $2m; and for those injured $390,000.”
2 m
390 k
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finance · BBC
Only 94 people decided to litigate rather than enter a voluntary fund.
“Only 94 people decided to litigate rather than enter a voluntary fund, Mr Feinberg told CNBC.”
94
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