dojP000412.xml

dojP000412.xml

born-digital

email

yes

no

2002-02-05

Tuesday, February 05, 2002 10:51 PM
VCF meeting

Attachment 1

I was invited to speak to a CPA seminar group in NYC today regarding the VCF. During
audience questions, one CPA indicated that he attended the Feinberg meeting about a
week ago in Bergen County, NJ. Feinberg appeared to agree that household service
losses were being shortchanged and said he was amenable to considering such loss
claims. He also said that he thought the announced upper income cap did not do
justice to some highly compensated victims and said he would not limit claims to these
caps.

Both of these statements, if true, would mean a significant shift in the plan's
implementation. Still, claimants would give up their right to sue when following the VCF
route but would not know of the ultimate award decision made by Feinberg or his staff.
It would be very helpful and reassuring if the things he has said at that meeting and
elsewhere were incorporated into the final rules soon to be released.

Individual Comment
Livingston, NJ

2002-02-05