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get more He also decided that any money that shermen received for assisting in the cleanup effort would be deducted from their claims, although he later said that he might change his mind on the matter Feinberg had received public accolades for his handling of the 9/11 victims fund, set up to pay the families of those killed in the 2001 terrorist attacks in New York and Washington The spill fund, though, was something entirely different The number of claims and claimants continued to grow Feinberg backed a provision that required claimants to agree not to sue BP or other companies involved in the Deepwater Horizon accident, including Transocean, Halliburton, and Anadarko It was similar to a provision that he d used in the 9/11 fund, but this time, it invoked anger from Gulf Coast residents It is not in your interest to tie up you and the courts in years of uncertain protracted litigation when there is an alternative that has been created, he said I take the position, if I don t nd you eligible, no court will nd you eligible 7 Many residents saw this as yet another attempt to shield BP from liability
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The Gulf Coast had a new villain No longer was it BP that was frustrating their efforts to get compensated for their losses; now it was the government In September, Feinberg attended a hearing in Houma, Louisiana, where the local civic center was lled with residents looking for an explanation of how they would be paid One woman held a sign that read: Hey, Feinberg, you make me miss FEMA, a reference to the federal relief agency that had bungled the response to Hurricane Katrina ve years earlier Meanwhile, BP had gained leverage Having created the fund and taken over responsibility for it, the government now
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had to make sure that BP paid With dif cult elections looming in November and the country running record de cits, the Obama administration couldn t afford, nancially or politically, to pay for BP s mistakes The two sides continued to discuss the funding structure throughout the summer, with the government looking for a guarantee on the remaining money about $17 billion that BP had pledged to the fund The administration wanted some sort of collateral to ensure that the program would be funded, even if BP were unable to pay in cash BP suggested posting revenue from its oil elds in the Gulf
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Earlier in the summer, George Miller, a California Democrat in the House of Representatives, had proposed an amendment to a bill that would prohibit the issuance of drilling permits to companies that had had more than ten fatalities at drilling or production facilities that resulted from violations of federal or state law The amendment was tailored for BP The Texas City explosion in 2005 exceeded the fatality threshold and had resulted in a guilty plea to a federal felony The bill passed the House in late July, increasing the chances that BP might be barred from the Gulf for years, cut off from its lucrative drilling prospects, and denied its future revenue from the proli c elds that it hoped to tap By pledging the Gulf production as collateral for the spill fund, not only did BP give the government a short-term incentive to lift the moratorium, but it was gaining leverage in its ght for continued access to US waters In early September, BP drove home the point, saying that if lawmakers succeeded in passing legislation that restricted its receipt of new offshore permits, it might not have enough money to pay for all the spill damages Barton had it wrong BP wasn t the victim
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