Damien Carrick: Now the families had until 22 December 2003 to sign up to the fund. Ultimately, did most eligible families come on board?
Ken Feinberg: Virtually all of them. At the end of the day on December 22nd 2003, we had over 5,300 dead and physically injured in the fund. Out of the entire total only 94 people decided to sue, and that was their right under the fund. My single biggest disappointment however, were the I think seven families who did nothing by the deadline. Nothing. They never entered the fund, they never filed a lawsuit, they allowed the statutory time period to run, and they were so overcome by grief, paralysed, they were unable to file, or do anything. ...
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Damien Carrick: Attorney Ken Feinberg says the hearings took more than two years to complete. Ultimately, the fund paid out on average $2 milliion to the families of those who died, and $400,000 to those who were physically injured.
Almost every claimant received the same amount for pain and suffering. When it came to calculating economic loss, Ken used his discretion.
Ken Feinberg: The median award for a death claim was $1.7 milliion. In other words, half the people got more than $1.7 million, and half got less. And if you look at the average award of $2 million and compare it to the median award of $1.7 million, you can see statistically what I did. I exercised my discretion to bring up the amount awarded bus boys, soldiers, cops and firemen, and used my discretion to bring down the amount awarded stockbrokers, bankers and other more wealthy. So that I tried—within the confines of the law however—to narrow the gap between the rich and the poor.
Damien Carrick: Can we talk about those who didn't decide to come on board. I think you said initially 90 families decided to sue and the bulk of those involved in litigation have since settled. But are there a few still going on?
Ken Feinberg: Yes, there are two, as I understand it, or four, that are still litigating in Federal Court in Manhattan in New York City, arguing that the airlines, the World Trade Center, the aircraft manufacturer, the Port Authority, were all negligent in allowing 9/11 to happen. And they are continuing to litigate, but 90 of them originally of the 94, have settled.
Radio National Law Report