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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (93445)12/8/2001 10:51:37 AM
From: JHP  Read Replies (1) | Respond to of 132070
 
<<1. Much more cash>>
great, they are a fatter target
<<2. The great majority of the business has nothing to do with asbestos.>>
Like FMO
<<3. Great lawyers>>
the team that saved CHRYSLER could do nothing for FMO.
<< 4. The Vice President of the United States>>
ok you win this point
<<6. A bill in Congress that could finally get some notice before much of corporate America goes Chapter 11.>>
that bill has not moved forward in a year
<<7and 8) The top co. in a highly competitive, strategically vital intl. business. #2 is not American.
If we won't let the stinko airlines go under, how can we not rescue Hal? If they need it, which I doubt. 8. A long history of paying pennies on the dollar of jury grants.>>
this will draw asbestos suits by the ton,the flood gates are open goodbye HAL imho
regards john



To: Knighty Tin who wrote (93445)12/9/2001 10:05:28 AM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I have some questions that I don't know how to readily find the answers to:

Is it clear in what context the asbestos damage (allegedly) occurred? How many litigants are there? Did Dresser sell any asbestos products or just use them in its operations?

I thought Dresser was just oilfield services.



To: Knighty Tin who wrote (93445)12/9/2001 10:19:28 AM
From: Tommaso  Read Replies (2) | Respond to of 132070
 
One more question:

Halliburton doesn't even own Dresser since last spring. Doesn't that make it somewhat harder to collect from Halliburton? I would think that those who bought it also assumed all liabilities.

EDIT: I see the sale was Dresser Equipment Group, which seem distinct from Dresser Industries.