Who Gets What Fair Compensation After Tragedy And...

In Who Gets What: Fair Compensation after Tragedy and Financial Upheaval, Kenneth R. Feinberg provides a brief overview of his unique career implementing large payout and compensation systems following tragedies. As the title suggests, the main goal of the book is to shed light on how Feinberg implemented a number of previously unprecedented compensation funds and decided which parties should be compensated, how much they should be compensated, and the burden of proof required by each party, all while operating in the shadow a national tragedy and intense political pressure. While the book contains valuable insight into some of the most ambitious payout and compensation plans ever implemented in the United States, the lessons are somewhat muffled by Feinberg’s reluctance to apply the lessons of each fund to any larger policy or make any connections to traditional means of recovery though torts. (pg. 24). Feinberg’s work under intense scrutiny is commendable, however I think the analysis in Who Gets What would have been more effective if he explained why he thought the compensation procedures from funds he managed should be completely separated from torts and not presented the rationale for his decisions as fairness. Feinberg’s views the victim funds that he has managed as, â€Å"safety valves,† that should only be used in extreme and rare scenarios. (p. 195). This must be true given the extreme circumstance that lead to each case study. For one thing, there will rarely beShow MoreRelatedManagement Course: Mba−10 General Management215330 Words   |  862 Pageseconomic, social, and political churning, how will these driving factors be influenced by the brutally competitive global economy in which organizations do not have any particular geographic identity or travel under any particular national passport? 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