What Is Life Worth?

What Is Life Worth?

The Unprecedented Effort to Compensate the Victims of 9/11

Book - 2005
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Baker & Taylor
Presents a memoir of the attorney appointed to administer the September 11th Victim Compensation Fund, detailing his encounters with victims' families and the means he used to derive the amount of compensation they received.

Book News
Appointed by Attorney General John Ashcroft to administer the September 11th Victim Compensation Fund, Feinberg here reflects on his experiences in the post. He describes the nuts and bolts of the task, including the difficulties of balancing competing demands of 9-11 survivors under the congressional mandate that defined appropriate compensation for an individual's worth in terms of his or her earning power. He also discusses the impact that the job had on him as an individual. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)

Blackwell North Amer
Just eleven days after the 9/11 terrorist attacks, as the country reeled in shock, Congress created the September 11th Victim Compensation Fund. It was a unique, unprecedented commitment to compensate families who lost a loved one on 9/11 and survivors who were physically injured. In its haste, Congress provided very few guidelines as to how the funds should be distributed and set no limit on the size of awards. Instead it gave a single individual nearly unlimited discretion to manage the program. And so, when Attorney General John Ashcroft appointed Kenneth Feinberg to administer the fund, he was asking Feinberg to do the impossible: calculate the dollar value of over 5,500 dead and injured in the worst peacetime disaster in U.S. history.
The launching of the fund set off a firestorm of emotions. Some called it a brazen, tight-fisted attempt to protect the airlines from lawsuits. Families, angry and in pain, also attacked the program as attempting to put insulting dollar values on the lives of lost loved ones. What is Life Worth? is Kenneth Feinberg's personal account of the struggle to compensate grieving families for catastrophic loss. For three years Feinberg spent almost all of his time meeting with the 9/11 families, convincing them of the generosity and compassion of the program, and calculating appropriate awards for each and every claim.
Ultimately, the fund proved to be a dramatic success with 97 percent of eligible families participating. But it was the most harrowing experience of Feinberg's professional life. He had to tell the families of firefighters that they would receive less public money than the families of stockbrokers. He had to determine exactly who would receive the money. Could the spouse of a 9/11 victim file a claim over the objection of a victim's parents? What about fiances and same sex partners? The only person empowered to answer the questions was Kenneth Feinberg. He became the filter, the arbitrator, and the target of family suffering. He learned that no amount of money could make the families and victims of 9/11 whole again. And most importantly, he learned about the enduring power of family, love, faith, and courage.

Publisher: New York : Public Affairs, 2005
Edition: First edition
ISBN: 9781586483234
1586483234
Branch Call Number: 362.88 FEINB
Characteristics: xxv, 213 pages ; 22 cm
Notes: Includes index

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