SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Let's Talk About Our Feelings!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dayuhan who wrote (44729)7/10/1999 10:11:00 PM
From: Grainne  Read Replies (2) of 108807
 
Steven, the news account you cited on the huge settlement in the GM case was not really very complete. The reason the award was so large is that according to GM's own records, they calculated that the cost to settle suits due to deaths by burning gas tanks was $2.40 per dead person, while the cost to fix the design defect was $8-12 per death.

So the jury is making a statement that deliberate and callous calculations by large corporation where they value profit over human suffering is wrong. Does that make a bit more sense? I would be curious to know whether Terrence, in particular, believes that GM is justified in acting in this manner, since he doesn't seem to believe that a moral component to good business should be written into our laws.

Here is a more complete article:

dailynews.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News