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WASHINGTON — The Supreme Court on Wednesday reduced what had once been a $5 billion punitive damages award against Exxon Mobil to about $500 million. The ruling essentially concluded a legal saga that started when the Exxon Valdez, a supertanker, struck a reef and spilled 11 million gallons of crude oil into the Prince William Sound in Alaska in 1989.
Oh Yes! Thank heavens the poor struggling Exxon won't have to go broke paying for it's mistakes!!!!
And the people who lost their liveihoods got what they deserved...nothing!
YEAAAAAHHHH!!!!
Do you EVER have a posting made on anything other then emotions?
People who lost their "livelihoods" have already been compensated, this is PUNITIVE damages, in addition to ACTUAL damages that was previously paid out.
No, I believe these justices spoke clearly when they said that those who lost their livelihoods were entitled to $15,000. Yeah, that's fair. I guess it's now cost effective to be reckless, thanks to lawyers dragging this out for nearly 20 yrs, and especially to supreme court.
I visited an exhibit up in Alaska back in 2000. They call some of the people who benefited from the 4Billion plus exxon spent cleaning up after the incident "Spillionaires".
I visited an exhibit up in Alaska back in 2000. They call some of the people who benefited from the 4Billion plus exxon spent cleaning up after the incident "Spillionaires".
lol....true.
those treehuggers so hell bent against EXXON should actually do some reading about how much was really paid out already.
however, if they did, they might end up being embarrassed.
Yeah, mga, all of those animals (birds/waterlife) died for nothing.
The tanker captain was DRUNK.
He destroyed a major part of the ecosystem.
Is that really acceptable behavior?
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