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Strategies & Market Trends : Value Investing
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To: lifeisgood who wrote (16703)3/31/2003 11:53:20 AM
From: Bob Rudd  Read Replies (1) of 78664
 
lifisgood: While the state & fed gov't may suffer from MO bankruptcy, I'm not sure they can block a single state court from imposing a judgement that could lead there. I still doubt this heads into bankruptcy nearterm, but Larry's point about Texaco is well taken.
<<What's next, suits against beer producers???>>Why not? It's no sillier that suing McDonalds for causing obesity. And look at the bright side. The more outrageous moves the plaintiff's bar makes, the greater the likelihood that reasonable tort reform gets passed.
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