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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (16199)7/6/2004 9:49:33 AM
From: Knighty Tin  Respond to of 110194
 
mm, I certainly see a lot of the abuses. Many of the people suing Halliburton for asbestos, for example, have no indicative conditions, just potential for damage. I can see reckless endangerment as a criminal charge, but without damages, I don't see how juries can award the large penalties they've allowed.

With the doctors, I agree that there is a difference between a mistake and a drunken, doped up or sleep-deprived surgeon. There is also a difference in the type of procedure. Brain surgery is certainly tougher than removing warts.

That being said, I still see the outcry against trial lawyers as a corporate trick to screw the average American. How about assuring that the average American has the opportunity for a minimal education before sticking him on a jury? True, jurors often think corporations are evil bastards. Part of the answer is for them to stop acting like evil bastards.

I think at least part of the answer is prevention, not lawsuits after the fact. But, right now, we are so worried about losing production that the govt. will not enforce most safety and environmental rules.



To: marginmike who wrote (16199)7/6/2004 10:58:05 AM
From: 2sigma  Read Replies (1) | Respond to of 110194
 
Another way to solve the problem is to allow piercing of the corporate veil, allowing the courts to go after individuals for the crimes they perpetrate, especially ones of premeditation.

Haps.