| Renouned Economist Louis Winnick Dead
Louis Winnick, an economist who helped guide the investments of the Ford Foundation and promoted low-income home ownership, has died. He was 85. Winnick died Saturday at a hospice in Manhasset, on Long Island. The cause of death was mesothelioma, a type of lung cancer that his daughter Pamela Winnick attributed to exposure to asbestos when he worked in the Brooklyn Navy Yard during World War II. Winnick was born in Romania and came to Brooklyn when he was one year old. He graduated from Brooklyn College and earned graduate degrees in economics at Columbia University. He worked for the New York City Planning Commission and the Housing and Redevelopment Board before joining the Ford Foundation in 1962. He served as deputy vice president in the national affairs division from 1968 to 1986. Winnick played a major role in the foundation's effort to channel resources into housing, community renewal and minority enterprise following the turbulence of the late 1960s.
Government help for victims of Mesothelioma
Proposals to help victims of mesothelioma, a particularly debilitating form of lung cancer caused by exposure to asbestos, will be debated in the House of Commons today. MPs will debate Government amendments to the Compensation Bill which seek to reverse the effects of the House of Lords' Barker vs Corus judgment in mesothelioma cases. The practical effects of the Law Lords' judgment would mean that claims could take much longer to be concluded, and would make them much more difficult and time-consuming for claimants in circumstances where they and their families are already under considerable pain and stress. In some cases, claimants would not receive full compensation. DCA Minister Bridget Prentice said; "These amendments will mean proper compensation for thousands of people who contract this terrible disease because they were negligently exposed to asbestos." The amendment will ensure that people suffering from mesothelioma due to another's negligence will be able to receive full compensation from any responsible person as quickly as possible.
Lung cancer claims low-income advocate
Louis Winnick, an economist who helped guide the investments of the Ford Foundation and promoted low-income home ownership, has died. He was 85. Winnick died Saturday at a hospice in Manhasset, on Long Island. The cause of death was mesothelioma, a type of lung cancer that his daughter Pamela Winnick attributed to exposure to asbestos when he worked in the Brooklyn Navy Yard during World War II. Winnick was born in Romania and came to Brooklyn when he was 1. He graduated from Brooklyn College and earned a graduate degree in economics at Columbia University. He worked for the New York City Planning Commission and the Housing and Redevelopment Board before joining the Ford Foundation in 1962. He served as deputy vice president in the national affairs division from 1968 to 1986.
LegalView.com Announces Its New, Free Legal Encyclopedia
LegalView is a new, easy to use, free legal-information resource, for ordinary people seeking information on legal issues and controversies. This new site provides general legal resources such as a legal dictionary and legal encyclopedia, in addition to information about specific legal issues such as mesothelioma and unsafe drugs. Denver, CO (PRWEB via PR Web Direct) July 11, 2006 -- LegalView.com today announces the addition of its new Legal Encyclopedia, based on Cornell University's WEX Encyclopedia. The encyclopedia joins the Legal Dictionary, Legal Directory, and massive legal bookstore as part of a free "everything legal" service bringing legal information and legal resources to ordinary people. LegalView provides two types of legal information. First, the general legal resources, allowing people to look up legal terms and legal definitions, and to seek legal information through a wide range of legal resources; LegalView's directory includes many thousands of links to useful online resources, for instance, from legal publications and blogs, to lists of expert witnesses and paralegal services.
Puzzling actions surround Hardie asbestos debacle
WINSTON Churchill described Russia as a riddle wrapped in a mystery inside an enigma, which can also be applied to the developing debacle around the latest attempt to coax money from James Hardie for the victims of asbestos poisoning. The riddle is the Australian Tax Office's ruling that the new entity set up by James Hardie working title: Special Purpose Fund is not a charity, thereby threatening the December deal to keep money flowing to asbestos victims. The mystery is why this fund had to be set up. Why not use the existing charity, the Medical Research and Compensation Foundation, which has been channelling compensation to James Hardie's victims? And the enigma is: why do investors think James Hardie's liability to its victims has been capped and are optimistically bidding up its share price? It has not been capped; the liability each year is limited to 35 per cent of cash flow, but the time for paying it is open-ended, and on one assessment the potential future claims are equal to the company's entire intrinsic value.
|