Value a human life at 50K - Malaysian Flight 370 Update

DPresidential

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http://online.wsj.com/articles/malaysia-airlines-flight-370-families-to-get-50-000-each-1402573583

Families of the people on board Malaysia Airlines 3786.KU +5.26% Flight 370 are being paid US$50,000 a person as interim compensation, a Malaysian minister said on Thursday.

Some of the families have already received the money, paid by the insurers of the airline, said Hamzah Zainuddin, deputy minister for foreign affairs, who is the head of a Malaysia government-appointed committee to oversee the needs of the next of kin of the 239 people on Flight 370.

The final payment hasn't been decided and could be the subject of a legal battle between the families, the airline and even Boeing, BA -0.51% the aircraft manufacturer, according to experts.

Mr. Hamzah said the amount of the final payout will be announced "when the issue of the tragedy" is over. He didn't state how much the final compensation could be. The final compensation can only be determined after the plane is found and an inquiry establishes the cause of the crash.

The Boeing Co. 777 jet went missing in the early hours of March 8 while on a routine flight to Beijing from Kuala Lumpur. An international search effort involving 26 nations and some of the best hardware has been unable to find any trace of the plane or the people onboard.

Experts believe that the plane crashed in the remote Southern Indian Ocean after being deliberately flown hundreds of miles off-course.

Malaysia Airlines had previously paid US$5,000 each to help the families meet their out of pocket expenses as they waited in hotels in Kuala Lumpur and Beijing to hear about their loved ones. This doesn't factor into the total compensation families may receive.

Under international rules, the airline and its insurers are liable to pay about US$174,000 a person, but the amount could change depending on the outcome of the inquiry or if the families go to court.

Would that rub you the wrong way as a family member of a passenger?

And the statement of... "The final compensation can only be determined after the plane is found..."

It's never going to be found..so, no further payments? Wait until the families forget?

:wow:
 

babylon1

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how about zero? people die every single day.

one of the risks that you take when you get on that plane is that it might crash and burn. just like a bus, train or car
 

wheywhey

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I thought you had to buy your own insurance. I'm surprised they're getting anything at all. It is just money to shut them up. $50,000 will go a long way in Malaysia or China.

I believed the guy who came out in the beginning saying that the plane was in Turkmenistan or a nearby country. Of course no one dared to go looking over there. I wonder what the major world powers are scared of.
 

AITheAnswerAI

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how about zero? people die every single day.

one of the risks that you take when you get on that plane is that it might crash and burn. just like a bus, train or car

You sound awful cavalier with people's lives. Not to mention when it comes to holding the company who was responsible for them accountable.

I don't know if you think you're being cool when it comes to saying shyt like this, or if you're a damn sociopath.
 

babylon1

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You sound awful cavalier with people's lives. Not to mention when it comes to holding the company who was responsible for them accountable.

I don't know if you think you're being cool when it comes to saying shyt like this, or if you're a damn sociopath.
so if you get on a greyhound bus and it catches fire or gets into an accident and you die, you think your family should get fifty gs?

fukk you fakkit. sleep in a fire
 

DPresidential

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how about zero? people die every single day.

one of the risks that you take when you get on that plane is that it might crash and burn. just like a bus, train or car
Breh...

For most things...yes, things happen & people die every day. However, when you are a major corporation, your product & every single employee(during their employment) is a legal representation of you.

I wouldn't know how Malaysian Civil Courts handle it, however we have a legal concept in America called Res Ipsa Loquitor http://en.wikipedia.org/wiki/Res_ipsa_loquitur

Basically, if the tragedy, accident etc is so egregious it logically applies that some foul play or mistake had to be the cause of it thus it is almost considered strict liability.

These type of concepts vary depending on the jurisdiction however, I am sure there is something similar in other courts around the world.

If I had a member on that plane...I would sue them in an American court, since they do business here, we might be able to get jurisdiction on them.

But as another poster said... You're trying to go for cool points with the disregard for humanity post...either that or...you must be a CEO of a major corporation...you have the callousness for it.


You'd probably respect Ford Motor Company for doing something like this huh...
http://en.wikipedia.org/wiki/Ford_pinto_case#Allegations_and_lawsuits

Fuel tank defect[edit]
Controversy followed the Pinto after 1977 allegations that the Pinto's structural design allowed its fuel tank filler neck to break off[7] and the fuel tank to be punctured in a rear-end collision,[7] resulting in deadly fires from spilled fuel.

Allegations and lawsuits[edit]
Critics alleged that the vehicle's lack of reinforcing structure between the rear panel and the tank meant the tank would be pushed forward and punctured by the protruding bolts of the differential[16] — making the car less safe than its contemporaries.

According to a 1977 Mother Jones article by Mark Dowie, Ford allegedly was aware of the design flaw, refused to pay for a redesign, and decided it would be cheaper to pay off possible lawsuits. The magazine obtained a cost-benefit analysis that it said Ford had used to compare the cost of repairs (Ford estimated the cost to be $11 per car per year) against the cost of settlements for deaths, injuries, and vehicle burnouts . The document became known as the Ford Pinto Memo.[17][14][18]

An example of a Pinto rear-end accident that led to a lawsuit was the 1972 accident resulted in the court case Grimshaw v. Ford Motor Co.,[19] in which the California Court of Appeal for the Fourth Appellate District upheld compensatory damages of $2.5 million and punitive damages of $3.5 million against Ford, partially because Ford had been aware of the design defects before production but had decided against changing the design.
 

babylon1

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Breh...

For most things...yes, things happen & people die every day. However, when you are a major corporation, your product & every single employee(during their employment) is a legal representation of you.

I wouldn't know how Malaysian Civil Courts handle it, however we have a legal concept in America called Res Ipsa Loquitor http://en.wikipedia.org/wiki/Res_ipsa_loquitur

Basically, if the tragedy, accident etc is so egregious it logically applies that some foul play or mistake had to be the cause of it thus it is almost considered strict liability.

These type of concepts vary depending on the jurisdiction however, I am sure there is something similar in other courts around the world.

If I had a member on that plane...I would sue them in an American court, since they do business here, we might be able to get jurisdiction on them.

But as another poster said... You're trying to go for cool points with the disregard for humanity post...either that or...you must be a CEO of a major corporation...you have the callousness for it.


You'd probably respect Ford Motor Company for doing something like this huh...
http://en.wikipedia.org/wiki/Ford_pinto_case#Allegations_and_lawsuits
bruh, if you read my posts you know that i am a socialist. no one can prove that there was negligence on the company's part. for all we know, it was struck by lightning or birds got caught up in an engine and it crashed to the bottom of the sea floor
 
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