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The funny thing is... Libby Send a noteboard - 10/06/2010 06:28:26 AM
I fully expect the Oil Co.'s to wriggle out of most of their liabilities. Exxon was certainly able to. I think the judgment against them ended up only being about $500M, reduced from $5B (10%).


Exxon actually made most of their money back in terms of punitive damages. They went through the appeals process for at least 15 years, they didn't pay it until 2008. Through interest alone they made their money back, while Alaskans got 10 cents on the dollar.

But I'm at least going to wait and see :P


I fully expect the American people to get screwed again.
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A friend on FB asked why there were no "Save the Gulf" concerts - 09/06/2010 03:13:52 AM 927 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:25:09 AM 521 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:31:44 AM 538 Views
There are a lot people struggling right now who really can't afford to wait - 09/06/2010 04:47:26 AM 587 Views
Re: There are a lot people struggling right now who really can't afford to wait - 09/06/2010 05:15:33 AM 664 Views
That wins the award for stupid post of the month. Possibly the year. - 09/06/2010 08:31:18 AM 598 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold? - 09/06/2010 08:47:57 AM 597 Views
I sometimes wonder where you lived in Houston. - 09/06/2010 04:24:42 PM 720 Views
Re: I sometimes wonder where you lived in Houston. - 09/06/2010 05:50:53 PM 683 Views
This isn't Karachi. - 10/06/2010 02:04:02 PM 716 Views
Re: This isn't Karachi. - 10/06/2010 03:39:30 PM 666 Views
What a shame then that no one HAS started such a program. - 10/06/2010 04:17:02 PM 650 Views
and eww im not from Karachi - 10/06/2010 03:40:56 PM 572 Views
Maybe. I'm glad to have found a legitimate successor. - 10/06/2010 01:23:56 AM 548 Views
My thoughts exactly. Thanks for posting this. - 09/06/2010 09:13:51 PM 574 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 09:46:24 PM 646 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 10:03:52 PM 455 Views
So what exactly do you have a problem with? - 09/06/2010 10:14:30 PM 589 Views
well he does have a phone he could have used to call up the BO CEO and chat with him - 09/06/2010 10:42:07 PM 542 Views
You really don't have any credibilty left on this issue. - 10/06/2010 01:56:06 AM 570 Views
you really are a loon - 10/06/2010 05:19:56 AM 674 Views
What's funny is that companies like Haliburton are going to make bank off this disaster - 10/06/2010 06:14:07 AM 438 Views
Also there's Transocean - 10/06/2010 06:49:02 AM 512 Views
yes other evil oil companies stand to profit - 10/06/2010 02:55:33 PM 408 Views
Takes one to know one - 10/06/2010 06:18:54 AM 822 Views
He said more domestic drilling, not more offshore drilling. *NM* - 10/06/2010 08:25:14 AM 268 Views
The definition of Domestic drilling includes offshore wells. - 10/06/2010 08:32:58 AM 573 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM* - 10/06/2010 11:17:02 PM 223 Views
Sure it does. - 11/06/2010 10:17:06 AM 854 Views
all the loons say that and expect it to be true - 10/06/2010 04:15:33 PM 859 Views
And how would you know that unless you're a loon? - 11/06/2010 10:07:57 AM 908 Views
This sounds like a good idea - 10/06/2010 06:08:25 AM 595 Views
? - 10/06/2010 04:18:27 PM 482 Views
I agree. - 10/06/2010 04:37:25 AM 462 Views
Give Willie some time! - 09/06/2010 05:30:19 AM 525 Views
Willie is like 108, I am sure how much time he has left - 09/06/2010 03:22:21 PM 600 Views
Regarding the comparison to the financial crisis - 10/06/2010 02:10:44 AM 495 Views
Um, because "Big Oil" is in no danger of failing? - 10/06/2010 02:20:46 AM 464 Views
It's unclear if BP can take the hit - 10/06/2010 03:05:32 AM 457 Views
I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 02:57:09 AM 812 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 03:41:34 AM 565 Views
How is this not a bailout? - 10/06/2010 04:15:18 AM 710 Views
If history is any precedent - 10/06/2010 06:18:18 AM 601 Views
The funny thing is... - 10/06/2010 06:28:26 AM 575 Views
yes lets destroy the gulf coast to make a point - 10/06/2010 05:24:12 AM 437 Views
I pray you're being sarcastic here. - 10/06/2010 02:21:17 PM 724 Views

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