Balancing Act


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Published in Barron’s on June 15, 2009 by Thomas G. Donlan
Kenneth R. Feinberg has an appetite for thankless tasks. He managed the federal compensation fund for the families of victims of the terrorist attacks of Sept. 11, 2001. Feinberg decided how much more to pay the survivors of a wealthy bond-trader than the survivors of a waiter. He judged the victims’ probable lifetime earnings, and the families’ needs and their other resources.

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