ErikS Posted June 26, 2008 Report Share Posted June 26, 2008 Was it enough? Link to comment Share on other sites More sharing options...
7 VII 7 Posted June 26, 2008 Report Share Posted June 26, 2008 Was it enough?no way$500 million is a oil drop in the bucket Link to comment Share on other sites More sharing options...
theForgottenone Posted June 27, 2008 Report Share Posted June 27, 2008 no way$500 million is a oil drop in the bucket translate to about 4.5 days loss of profit for Mobil Exxon :lol: Link to comment Share on other sites More sharing options...
Che'_Moderator Posted June 27, 2008 Report Share Posted June 27, 2008 translate to about 4.5 days loss of profit for Mobil Exxon Yeah if you want to spread it over 2700 years.no way$500 million is a oil drop in the bucketThey also paid the total cost of the clean up Link to comment Share on other sites More sharing options...
theForgottenone Posted June 27, 2008 Report Share Posted June 27, 2008 Yeah if you want to spread it over 2700 years.Their profit was 40 billions for last year. Link to comment Share on other sites More sharing options...
Che'_Moderator Posted June 28, 2008 Report Share Posted June 28, 2008 Their profit was 40 billions for last year.And that makes 500,000,000 less how?// Link to comment Share on other sites More sharing options...
Kibim Posted June 28, 2008 Report Share Posted June 28, 2008 not being familiar with US litigation, what is a punitive damage? THey've paid for cleanup, and 'compensation', which i assume is loss of income to people in the affected areas over the time period. $3billion. It's still alot of money. Personally, as an outside, i think it's too easy for lawyers to tackle big bussiness in the '1st world' as an easy way to generate income. The tanker spilt oil, yeah, it's bad, yeah, they've been punished, and paid out for it. Just because they have money, and someone who was affected by thier mistake thinks they want some of it, doesn't make it right that they have a claim to it. Trigger happy lawyers are bad for business. Link to comment Share on other sites More sharing options...
DonutsDemise Posted June 28, 2008 Report Share Posted June 28, 2008 They also paid the total cost of the clean upthat's nice of them.$500 million is still a lot of money, I would rather have billions but I'd settle for that. I think DUI in Virginia carries about the same amount in fines :lol: Link to comment Share on other sites More sharing options...
ErikS Posted June 28, 2008 Author Report Share Posted June 28, 2008 not being familiar with US litigation, what is a punitive damage?Punishment. This closure was more about setting a precedent for the future, less about Hazelwood and his Irish ways. Link to comment Share on other sites More sharing options...
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