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To: AV8R who wrote (6638)2/12/2002 12:13:21 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 206317
 
Somebody <maybe jim_p> mentioned that HOFF has some asbestos exposure.

Jane



To: AV8R who wrote (6638)2/12/2002 12:13:41 PM
From: Paul Moerman  Respond to of 206317
 
FMO, FWC?



To: AV8R who wrote (6638)2/12/2002 1:56:07 PM
From: Wowzer  Respond to of 206317
 
Look at CBE and much riskier CCK.



To: AV8R who wrote (6638)2/12/2002 2:13:00 PM
From: upanddown  Read Replies (2) | Respond to of 206317
 
From Abelson's column in Barrons a couple of weeks ago.

Hard to believe that companies of this size are not going to have more influence in Congress than a bunch of ambulance-chasers. It is not as if the entire legal profession is supporting this asbestos insanity. How about all the lawyers fighting the asbestos crowd?

Ed Hyman and his crew had the ingenious notion of examining trial-lawyer
Websites to get a handle on which companies have exposure to what they call
"the asbestos plague." The fruits of this labor are a list of some 40 publicly
traded corporations, including Halliburton and Dow Chemical, with potential
asbestos liability claims. The list doesn't pretend to be complete, nor does it
separate out the truly endangered from the less vulnerable. Still, we think it's a
valuable "heads up."

So here are the companies on the list, in alphabetical order: American Home
Products, AT&T, Chiquita Brands, Crane, Crown, Cork & Seal, CSR,
DAL-Tile, DaimlerChrysler, Dana, Eastman Kodak, Ford, Foster-Wheeler,
GM, Georgia Pacific, Goodrich, Goodyear, H.D. Fuller, Homasote, IBM,
International Paper, Kaiser Aluminum, Loews, McDermott, Mestek, Met
Life, 3M, Navistar, Pfizer, Phelps Dodge, Phillips Petroleum, PPG Industries,
RHI, Sealed Air, Sears Roebuck, Toyota, Viacom, Walt Disney and York
International.

As Ed remarks -- and you can see -- some unlikely names crop up on the
roster. Pfizer is the target of no fewer than 59,000 claims and is also named in
some of the actions filed against Halliburton. Viacom's liability stems from its
merger with CBS, whose fold included Westinghouse Electric, which had
made locomotive air brakes. Long and tangled tails, indeed.