Compensation
By February 1999, the victims' families had received USD $65,000 per victim as immediate help by the Italian government, which was reimbursed by the U.S. government. In May 1999, the U.S. Congress rejected a bill that would have set up a $40 million compensation fund for the victims. In December 1999, the Italian legislature approved a monetary compensation plan for the families ($1.9 million per victim). NATO treaties obliged the U.S. government to pay 75% of this compensation, which it did.
Read more about this topic: Cavalese Cable Car Disaster (1998)
Famous quotes containing the word compensation:
“I do not want to be covetous, but I think I speak the minds of many a wife and mother when I say I would willingly work as hard as possible all day and all night, if I might be sure of a small profit, but have worked hard for twenty-five years and have never known what it was to receive a financial compensation and to have what was really my own.”
—Emma Watrous, U.S. inventor. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)
“In compensation for considerable disgust, despondency, and boredom—such as living in solitude without friends, books, duties, or passions necessarily entails—we are given those quarter-hours of deepest communion with ourselves and nature. Those who completely barricade themselves from boredom, barricade themselves from themselves as well: they will never get to drink the most refreshingly potent draught from the their own innermost fountain.”
—Friedrich Nietzsche (1844–1900)
“Senators and presidents have climbed so high with pain enough, not because they think the place specially agreeable, but as an apology for real worth, and to vindicate their manhood in our eyes. This conspicuous chair is their compensation to themselves for being of a poor, cold, hard nature.”
—Ralph Waldo Emerson (1803–1882)