The Archdiocese of New York is establishing a $300 million fund to compensate victims of sexual abuse, financing it through budget cuts, layoffs, and asset sales.Cardinal Timothy Dolan announced that retired Judge Daniel J. Buckley will mediate settlements for the approximately 1,300 pending claims.This initiative follows a similar, larger settlement finalized by the Archdiocese of New Orleans for $305 million, and has drawn criticism from some claimant representatives who deem the New York fund "insulting."