http://twitchy.com/gregp-3534/2021/05/13/this-is-f-g-outrageous-california-journo-exposes-just-how-badly-pge-is-failing-fire-victims-after-deal-brokered-by-gov-newsom/
KQED journalist Lily Jamali has a must-read piece out on Pacific Gas & Electric and the $25 billion settlement brokered by California Gov. Gavin Newsom in 2019 that has, apparently, only benefited the lawyers so far:
Lily Jamali ~ NEW: A KQED investigation found that last year, the PG&E Fire Victim Trust spent $50m+ on administrative fees/expenses and just $7m on compensating fire victims.
So far, 334 of 67,000 fire victims have had their claims processed and paid (30% for now).
Ericka Cruz Guevarra ~ "PG&E fire victims included in a December 2019 settlement with the company have yet to see a dime. That's as lawyers and administrators have been paid millions, with the money coming directly from funds set aside to help survivors..."
Dan Levine ~ This is f-----g outrageous.
The @JAMSADR trustee is billing at SCOTUS bar rates, while so many fire victims have gotten nothing.
And Newsom is dodging questions about it all:
Lily Jamali ~ NEW: We found the PG&E Fire Victim Trust spent almost 90% of its money on overhead last year ($51m+) while the vast majority of survivors haven't seen a dime.
In response, @GavinNewsom's spokesperson said: "We do not have any information to provide at this time."
{Cont.} NEW: A KQED investigation found that last year, the PG&E Fire Victim Trust spent $50m+ on administrative fees/expenses and just $7m on compensating fire victims.
So far, 334 of 67,000 fire victims have had their claims processed and paid (30% for now).
http://www.kqed.org/news/11872328/survivors-stuck-in-limbo-as-pge-fire-victim-trust-pays-out-50-million-in-fees
Lily Jamali ~ The Fire Victim Trust's annual report is vague on who's gotten paid, and how much. It's broken out only by category.
From reviewing records, we know these salaries:
*Trustee: $1,500/hr
*Claims administrator: $1250/hr
And several firms made millions while survivors wait.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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