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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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9/11 Question
Does anyone know why some families got money from it and others did not?
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Posted 10/25/05 9:41 AM  |
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Elbee
Zanzibar
Member since 5/05 10767 total posts
Name:
Me
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Re: 9/11 Question
I believe the ones that got money signed a release not to sue in the future. It's a big decision that some aren't willing to make ...
Message edited 10/25/2005 9:42:16 AM.
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| Posted 10/25/05 9:42 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by Elbee
I believe the ones that got money signed a release not to sue in the future. It's a big decision that some aren't willing to make ...
ahhhhhhhhh i didn't know that
thanks
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| Posted 10/25/05 9:42 AM |
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Re: 9/11 Question
No, but my guess would be that some families may have had more know-how and resources to help them get what they were entitled to.
I didn't know that there were families that didn't get anything.
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| Posted 10/25/05 9:43 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: 9/11 Question
Speaking of wich did any of you watch OPrah last night? The lady who lives on LI who lost her husband to 911 & spent most of the $5 m/m on shopping & remodeling her house? It was very sad to see what she's been through & so difficult not to judge her poor financial decisions. 
Message edited 10/25/2005 9:46:53 AM.
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| Posted 10/25/05 9:46 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by LadyLainez
Speaking of wich did any of you watch OPrah last night? The lady who lives on LI who lost her husband to 911 & spent most of the $5 m/m on shopping & remodeling her house? It was very sad to see what she's been through & so difficult not to judge her poor financial decisions.
yes that is what sparked my question
Message edited 10/25/2005 9:49:27 AM.
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| Posted 10/25/05 9:47 AM |
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Ali1
Mommy
Member since 8/05 3116 total posts
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Re: 9/11 Question
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
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| Posted 10/25/05 9:49 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
But did they have to sign a release to get the money?
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| Posted 10/25/05 9:50 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: 9/11 Question
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
Wow, so a lot of things got taken into consideration.
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| Posted 10/25/05 9:51 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by LadyLainez
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
Wow, so a lot of things got taken into consideration.
yes and obviously current family situation played a big part
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| Posted 10/25/05 9:51 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: 9/11 Question
Posted by Redhead
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
But did they have to sign a release to get the money?
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
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| Posted 10/25/05 9:54 AM |
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BabyAvocado
Happy New Year
Member since 5/05 17334 total posts
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Re: 9/11 Question
Posted by LadyLainez
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
Really? What rights did she give up besides the right to sue?
And if she sued and won, wouldn't that just mean more money for her to spend (maybe) foolishly?
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| Posted 10/25/05 9:55 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by LadyLainez
Posted by Redhead
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
But did they have to sign a release to get the money?
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
i think she is full of sh!t.
And tooo drugged up to know what she really wants right now
But now i am curious if all families had to sign that release to get that money
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| Posted 10/25/05 9:56 AM |
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unknown1
****
Member since 5/05 2771 total posts
Name:
lisa
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Re: 9/11 Question
Posted by BabyAvocado
Posted by LadyLainez
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
Really? What rights did she give up besides the right to sue?
And if she sued and won, wouldn't that just mean more money for her to spend (maybe) foolishly?
IMO I think she spent the money to fill a void..Foolish or not we are not in her shoes to say.
Message edited 10/25/2005 9:59:53 AM.
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| Posted 10/25/05 9:58 AM |
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CaseyGirl
Mommy to 3 Boys :)
Member since 5/05 19978 total posts
Name:
Jen - counting my blessings...
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Re: 9/11 Question
At first I thought she was an idiot and I think Oprah did too...but after watching her and watching the therapist interact with her...I just think she is very lost and very sad. 
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| Posted 10/25/05 10:00 AM |
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BabyAvocado
Happy New Year
Member since 5/05 17334 total posts
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Re: 9/11 Question
Posted by unbelievable
IMO I think she spent the money to fill a void..Foolish or not we are not in her shoes to say.
That's entirely possible. I didn't see the show so I can't really judge. But I could understand how feeding her shopping addiction could be filling a void. It's kind of like the way an person can become an alcoholic after a traumatic event.
But does anyone know what other rights were given up if they had to sign that release?
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| Posted 10/25/05 10:03 AM |
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Shelly
She's 7!!!
Member since 8/05 14624 total posts
Name:
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Re: 9/11 Question
As an attorney- every settlement agreement inclues a release. Otherwise, what is the incentive to give $ if they can just sue you later.
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| Posted 10/25/05 10:06 AM |
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Elbee
Zanzibar
Member since 5/05 10767 total posts
Name:
Me
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Re: 9/11 Question
http://www.gorr.state.ny.us/gorr/01_23_02_wtc_regs.htm
I found this under Gov. Pataki of what he wants changed ...
6. Advise claimants of their expected award before requiring a waiver of legal rights.
Under the current regulations, victims and their families are forced to waive their right to commence litigation as soon as their claim is deemed "substantially complete."
Unfortunately, they may later learn that they were not eligible to file a claim, or that they will receive only a minimal award. This is particularly true for the families of police officers, firefighters and other emergency personnel, whose awards will be substantially reduced by "collateral source" payments. Congress intended the claim process to be a viable alternative to litigation, not a "trap for the unwary" in which unsuspecting victims are induced to file claims and waive their legal rights, and then receive little or nothing in return. The regulations must ensure that claimants receive notice of the expected compensation, so that they can make informed decisions about whether to waive the right to sue.
Message edited 10/25/2005 10:16:25 AM.
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| Posted 10/25/05 10:08 AM |
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LadyMaravilla
Fall Is Here
Member since 5/05 12023 total posts
Name:
Sonia
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Re: 9/11 Question
Posted by BabyAvocado
Posted by LadyLainez
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
Really? What rights did she give up besides the right to sue?
And if she sued and won, wouldn't that just mean more money for her to spend (maybe) foolishly?
She didn't go into much detail.
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| Posted 10/25/05 10:09 AM |
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BabyAvocado
Happy New Year
Member since 5/05 17334 total posts
Name:
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Re: 9/11 Question
Posted by Elbee
http://www.gorr.state.ny.us/gorr/01_23_02_wtc_regs.htm
I found this under Gov. Pataki of what he wants changed ...
6. Advise claimants of their expected award before requiring a waiver of legal rights. Under the current regulations, victims and their families are forced to waive their right to commence litigation as soon as their claim is deemed "substantially complete." Unfortunately, they may later learn that they were not eligible to file a claim, or that they will receive only a minimal award. This is particularly true for the families of police officers, firefighters and other emergency personnel, whose awards will be substantially reduced by "collateral source" payments. Congress intended the claim process to be a viable alternative to litigation, not a "trap for the unwary" in which unsuspecting victims are induced to file claims and waive their legal rights, and then receive little or nothing in return. The regulations must ensure that claimants receive notice of the expected compensation, so that they can make informed decisions about whether to waive the right to sue.
 That's terrible! That means that some people probably signed away their rights and got little to no money!
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| Posted 10/25/05 10:10 AM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: 9/11 Question
Posted by unbelievable
Posted by BabyAvocado
Posted by LadyLainez
I remember the lady from yesterday's show saying that she would give all the money back to regain the rights she gave up when she signed the waiver.
Really? What rights did she give up besides the right to sue?
And if she sued and won, wouldn't that just mean more money for her to spend (maybe) foolishly?
IMO I think she spent the money to fill a void..Foolish or not we are not in her shoes to say.
i totally hear ya...
BUT...imo it isn't about the money and her spending it.
It is about how she is neglecting her children...that bothered me
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| Posted 10/25/05 10:12 AM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: 9/11 Question
Also didn't the Police & Fireman's Fund received the proceeds from the MSG benefit concert?
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| Posted 10/25/05 10:27 AM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: 9/11 Question
If all those people sued, the cases would go on forever that they would probably never see that $$$$. sad
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| Posted 10/25/05 10:35 AM |
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Ali1
Mommy
Member since 8/05 3116 total posts
Name:
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Re: 9/11 Question
Posted by Redhead
Posted by Ali1
It all depended on an equation they came up with regarding the deceased future earnings (at least the 9/11 fund money). A cantor fitzgerald bond broker would of made a lot more money in the future then a carpenter up on the 104th floor. So they determined it that way. Also, a lot of families had life insurance and the companies also paid out money to the deceased families members in different ways too (i.e. Cantor is going to pay like 10% of all future earnings over the next 10 years to the family members I think).
My cousin died in 9/11 and was only 24 and single so her parents got a lot less then a person who was married with kids. It really depended on each persons situation.
But did they have to sign a release to get the money?
I just saw this now. yes they did...it was a promise not to sue the government and the airlines i believe too.
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| Posted 10/25/05 10:54 AM |
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Ali1
Mommy
Member since 8/05 3116 total posts
Name:
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Re: 9/11 Question
I watched Oprah yesterday too and i felt sad for her because i realize her shopping has become a temporary escape from the pain that she has not faced yet.
In the end, these people got A LOT of money and we hope they all spend it in ways that it should be spent (not buying Jimmy Choo shoes). There are many widowers who were stay at home moms when this happened to them.
But what we must realize is that many people are murdered every day in this world, or killed in accidents and their families get nothing. So that is why i felt for the lady in some ways but i could not excuse her for her actions. I betcha those kids have no college money saved for themselves.
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| Posted 10/25/05 10:59 AM |
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