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Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

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April 24th, 2013
06:50 PM ET

Compensating Boston bombing victims will be an 'excruciating challenge'

Americans from across the country have already donated more than $21 million to help the Boston Marathon bombing victims. Lawyer Kenneth Feinberg was appointed as the administrator of "The One Fund Boston", and is tasked with distributing it fairly.

"It's an excruciating challenge," said Feinberg.

Feinberg was also the administrator for victims and compensation funds for 9/11, the BP oil spill, and the Virginia Tech and Aurora, Colorado shootings. An important part of the process, he said, is meeting the victims.

"When you meet with individual families, in confidence, private meetings, it's very emotional. 'Mr. Feinberg, keep the money. I don't want the money. Bring my son back, bring my wife back, bring my husband back.' 'I can't do that,' you explain," said Feinberg. What he can do, said Feinberg, is provide some financial help that may help victims move forward as best as they can.

While $20 million is a substantial amount of money, assigning dollar figures to loss of life and specific injuries will be the challenge.

"There's only so much money for such horrific, tragic injuries, and deaths," said Feinberg. "You first decide, what's the total amount that's available? How much should be allocated to those who lost a loved one? The three victims of the bombing and the police - the MIT police officer? How much should be then reserved for life-altering, horrific injuries?"

"There's only so much money for such terrible, life-altering circumstances that guides the decision-making process," said Feinberg.

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