Kenneth Feinberg On GM Payouts: ‘Fast Is Possible, Fair Isn’t’

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Kenneth Feinberg on Monday outlined the detailed strategy that General Motors Co. will follow in making payouts to the injured and families of the dead killed in accidents linked to Chevrolet Cobalts equipped with a defective ignition switch. The lawyer says he handles the thorny, emotionally and fiscally complex work of compensation by working quickly to "get the money moving out the door." Mr. Feinberg spoke to The Wall Street Journal about what is next for GM and how empathy figures into his job. Edited excerpts:

Source: http://blogs.wsj.com/law/2014/07/01/kenneth-feinberg-on-gm-payouts-fast-is-possible-fair-isnt/?mod=WSJBlog

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