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Video Flagged Dead

19 Years and Exxon Still hasn't paid fo Valdez Spill

submitted by Fedquip

1 decade 6 years 2 months 2 weeks ago

How about some Greg Palast to go with your Exxon story?

Feb 27th 2008: USAToday WASHINGTON — Lawyer Jeffrey Fisher closed his arguments at the Supreme Court over money damages awarded after the Exxon Valdez oil spill by invoking the thousands of Alaskans whose "lives and livelihood (were) destroyed" and are waiting to be paid.

During an intense 90 minutes Wednesday of give-and-take on Exxon's appeal of a $2.5 billion punitive damages award, the justices appeared closely divided.

The case could come down to a 4-4 vote, which would mean that a lower court judgment allowing the unprecedented $2.5 billion award would be affirmed. Punitive damages generally are assessed on top of actual damages to punish and deter misconduct. The Supreme Court's ninth justice, Samuel Alito, owns Exxon stock and is not participating in the dispute....