Burning Through the Bucks
A trustee who charges $1,500 an hour and a claims administrator who bills $1,250 hourly â during the first year of operation, the PG&E Fire Victim Trust spent nearly 90% of its funds on overhead.
If I were making $1,500 an hour, I would not be very incentivized to work myself out of a job by quickly distributing the money that is owed to the 67,000 people who are part of the December 2019 PG&E settlement.
This . . . might . . . take . . . a . . . while.
In the meantime, the vast majority of people who lost everything in wildfires sparked by PG&E equipment haven’t received a dime.
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