6.22.2004

Is no one else distressed at the way the release of compensation figures from 9/11 fatalities has revealed that some people are worth more than others?

Sure, insurance companies do it every day -- is not one else distressed at the way insurance companies practices reveal people who earn more money are worth more than other people?

In other words, because, say, the family of a trader was assembled with the expectation of $2M/year for the next 15 years, that $6M might keep that family intact, whereas the family of a secretary earning $60K a year was assembled without any earnings expectation, and should receive a set price?

Even though the traders' families received multi-million dollar settlements from insurance companies, while support staff, firemen, and people randomly in the buildings, received much less, and in some cases, no insurance money?

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