activist and his work in the Agent Orange compensation settlement. To support and follow the law regarding the proportional compensation of victims based on estimated losses from future earnings, by hiring a full staff of accountants and attorneys to track and service each claim individually. Accumulate all the reports and applications, along with counter-claims to gauge and initiate the direct compensation process. The value of informed discretion in compensating claimants under the formula of keeping compensation under the rule of thumb that 85% of the money should not go to 15% of the 'richest' claimant families, by narrowing the gap between the largest and the smallest compensations paid to claimants. With a mind to the future, the process of the program should be maintained and serviced as a precedent for future courts to use in future compensation cases as needed. The actions taken should be uniform in their approach. There would be "no substitute for hard work and legal craftsmanship" of rigorous intellectual honesty. The support of Senator Edward Kennedy would be recognized throughout the process. Lawsuits were to be discouraged as contrary to the spirit of the law establishing the compensation fund. Hokie Spirit Memorial Fund On July 5, 2007, a Virginia Tech press release said that Feinberg would work pro bono as the chief administrator to the Hokie Spirit Memorial Fund (HSMF). The HSMF was set up by the Virginia Tech Foundation in the aftermath of the April 16, 2007, shooting attacks on the Virginia Tech campus. Special Master for Executive Compensation On June 10, 2009, Feinberg was appointed by the U.S. Treasury Department to oversee the compensation of top executives at companies which have received federal bailout assistance. As part of his policies, he has suggested to many bank executives that they emphasize long-term stock compensation rather than cash payments. Treasury Secretary Timothy Geithner, in a statement about Feinberg's rulings on executive pay, said, "We all share an interest in seeing these companies return taxpayer dollars as soon as possible, and Ken today has helped bring that day a little bit closer." BP oil spill fund On June 16, 2010, it was reported that Feinberg was to run a $20 billion fund to pay claims for the BP oil spill. President Obama said that the $20 billion from BP "will not be controlled by either BP or by the government. It will be put in an escrow