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Oil spill paymaster: Coast in 'desperate financial straits'

GULF OF MEXICO — The man President Barack Obama picked to administer the $20 billion oil spill damage fund says no one should underestimate “the frustration and the anger” of people along the Gulf Coast.

Attorney Kenneth Feinberg told a nationally broadcast audience the resentment is real, saying “I witnessed it firsthand last week.”

Feinberg ran the victims claim fund set up after the Sept. 11 terror attacks. He told ABC’s “Good Morning America” today that “we want to get these claims out quicker.”

Feinberg said many individuals and businesses in the area are in “desperate financial straits.” And he said that officials would watch carefully for any fraudulent claims, but that he didn’t think that would be a big problem.

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