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Politics : Politics for Pros- moderated

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To: John Carragher who wrote (151010)	12/14/2005 4:15:47 PM
From: Snowshoe	Read Replies (1) of 793842

Upon review I see that the fight is over punitive damages. The fishermen were awarded $5 billion in 1994, but Exxon has been fighting it all this time. The award was reduced to $4.5 billion, with $2.5 billion in interest for a total of $7 billion. They'll be back in court again next month, January 27th. Looks like it'll take another year or two for resolution. In the meantime, a lot of the fishermen have died so I guess the money would go to the heirs. If Exxon is finally forced to pay up, there'll be one heck of a party here. That is enough to build at least a dozen bridges to nowhere! <g>

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