Page 29 - Claims Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That his asthma has been totally out of control since may when the oil first came into our community. >> reporter: inside shareholders heard a different story. as bp's chairman praised the company's response and its $20 billion claims fund. sxwlt trust fund was a critical way of giving confidence to the american people that we would not cut and run. but head of the oyster man's association says the claims process is slow, inefficient and stingy. >> we have fisher men receiving checks for six months payment for $5,000. how do you support a family? that is below poverty. >> reporter: some procee...

To participate in their end of the deal. for that, innocent people continued to pay the price, and talk about adding insult to injury, those same banks and hedge funds are now jumping into the claims process, hoping to get a piece of the settlement pie. you can't make it up. there is no question bernie madoff should pay the price for his ponzi scheme, but shouldn't we all be asking why anyone else in this entire situation, let alone the mortgage fraud, the lists, the whole problem, shouldn't somebody else be prosecuted, put in jail, maybe some reform, maybe not as long as you pay off some of t...

So all eyes are on the gulf tonight, watching and waiting for the well to finally be shut down once and for all. but that will not be the end of the story. sheer what president obama said earlier today. >> there is still going to be an enormous cleanup job to do. and there is still going to be the whole set of issues surrounding making sure people are compensated properly, that the $20 billion fund is set up and is acting expeditiously. >> the task of handing out compensation to the victims of the disaster in the gulf could end up being the hottest of hot potatoes. so how is it going to work? ...

Take a look why. this is why. the beaches here in pensacola beach, still very desolate. few people sprinkled on here and the weather is great and there is guarded optimism here up and down the coast from alabama and the mayors in both gulf shores, as well as other areas are saying that it really doesn't change their situation at all because they're still having to deal with the possibility of millions of gallons coming ashore and also having to deal with the recovery and the claims process. >> it won't change anything. we will continue to pick up oil every day that it comes in and hope for it ...

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