Distribution of BP oil spill funds still a cloudy issue despite new administrator

Kenneth Feinberg takes over today the gargantuan task of distributing the $20 billion BP is setting aside to reimburse victims of the Gulf oil spill. He has said he will approve compensation claims by relying on precedents set by state and federal law. But law professors following the issue say it is unclear just how Feinberg will interpret a key legal doctrine called “proximate cause,” which will determine exactly who gets a slice of the compensation fund.

Markey’s angry letters to credit card companies maybe more effective than legislation

Could Congresswoman Markey’s  angry letters to credit card companies do more good than her legislation?

U.S. Congresswoman Betsy Markey, a Democrat from the Fourth District, led a group of 42 members of the House in sending an angry…