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Yeah, but gimmie a real solution

Washington Post:

Exxon Mobil, the giant oil corporation appearing before the Supreme Court yesterday, had earned a profit of nearly $40 billion in 2006, the largest ever reported by a U.S. company -- but that's not what bothered Roberts. What bothered the chief justice was that Exxon was being ordered to pay $2.5 billion -- roughly three weeks' worth of profits -- for destroying a long swath of the Alaska coastline in the largest oil spill in American history.

"So what can a corporation do to protect itself against punitive-damages awards such as this?" Roberts asked in court.

The lawyer arguing for the Alaska fishermen affected by the spill, Jeffrey Fisher, had an idea. "Well," he said, "it can hire fit and competent people."

The rare sound of laughter rippled through the august chamber. The chief justice did not look amused.

Can you believe this is still going on? This happened in 1989.

More importantly, can you believe we have a Supreme Court more sympathetic to a massive corporation having to pay out 3 weeks of profit than a group of 32,000 fishermen who have lost their livelihood?

By fnord12 | February 28, 2008, 10:57 AM | Liberal Outrage