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Feinberg Says $20 Billion May Fall Short on BP Claims

Ken Feinberg, the government-appointed administrator of BP Plc’s $20 billion compensation fund, said this amount may not be enough to pay all damage claims.

“The president made it clear he wants full compensation,” Feinberg said today on CNN. “The $20 billion might not be enough, maybe it will. Whatever it takes, these individuals and businesses must get paid.”