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Supreme Court Limits Exxon Valdez Payout to 507 Million

Tryan Hartill June 25, 2008

2 Comments

On Jun 25, 8:54 PM, AnotherAstorian wrote:

I think this is absolutely horrible...and even more horrible that it’s taken so long.  Shame on Exxon, shame on the Government for allowing it to go on for so long, and shame on the Supreme Court for not making Exxon pay the maximum amount allowable to the people hurt by this accident, caused by a drunk captain, in a ship that should have been double-hulled but wasn’t.

Damn...I’m still pissed about this 19 years later.

On Jun 29, 1:15 AM, Richpix wrote:

Especially horrible when you consider Exxon’s recent profits.  In 2007 their profit was $40.61 billion, or $1,300 per second.  In 2006 it was a paltry $39.5 billion.

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"A government which robs Peter to pay Paul can always depend on the support of Paul." ~ George Bernard Shaw "A government big enough to give you everything you want, is strong enough to take everything you have." ~Thomas Jefferson (Thanks, Auntie)

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