Photo Credit: Jewish Press
On August 4, 1999, a special arbitration panel ruled that the government must pay $16 million to the Zapruder family for the film, or about $615,384 per second. In one of those remarkable ironies of history, the arbitration panel had actually reached its decision more than two weeks earlier on July 16, but had delayed its announcement because of another national tragedy that day: A small plane had crashed off the coast of Massachusetts, killing three people –including the plane’s pilot, John F. Kennedy Jr.
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