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I posted this on a long thread in LBN but thought I might get help here

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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 09:29 PM
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I posted this on a long thread in LBN but thought I might get help here
Why pick this unknown lady to be second on the GOP ticket?

Could it have anything to to with this?

Partial settlement reached in Exxon Valdez case

Lawyers in the epic Exxon Valdez court case have negotiated a settlement to pay out most of the $507.5 million the U.S. Supreme Court awarded in June, the lead attorney for the plaintiffs confirmed today.

Under the deal, Exxon will release about $383 million for distribution to the nearly 33,000 commercial fishermen and others who sued Exxon after the disastrous 1989 oil spill in Prince William Sound.

Lawyers for the plaintiffs and Exxon will continue to battle over another $70 million, as well as potential interest of $488 million on the Supreme Court judgment. Exxon has argued the interest isn't owed.

Snip...

The Exxon case has been the source of soaring hopes and dashed dreams ever since an Anchorage jury in 1994 determined Exxon should pay $5 billion in punitive damages for the nearly 11 million-gallon oil spill.

http://www.adn.com/news/alaska/story/506687.html



Now if I've subtracted correctly Exxon is set to save about $3 to $4 billion dollars, plus the interest, on that money in this court case. A case that this lady may very well have had some sort of input in the settlement of and which may have resulted in a reduced sum being paid out by Bush/Cheney/McCain's old benefactors EXXON.

Settlement Announced on this lady's watch as Governor on August 26th...Lady rewarded two or three days later, out of the clear blue sky, with the nod for the VP slot? This smells kind of fishy to me.(no pun)


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Hubert Flottz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 09:37 PM
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1. Supreme Court drastically cuts payouts for plaintiffs in Exxon Valdez oil spill
Supreme Court drastically cuts payouts for plaintiffs in Exxon Valdez oil spill

Hopes of fishermen throughout Washington and Alaska were sunk Wednesday when the Supreme Court slashed the amount of punitive damages that Exxon must pay for the epic Exxon Valdez oil spill nearly two decades ago.

The high court, in a 5-3 decision, found that punitive damages could not be larger than the compensatory damages for actual losses from the spill, which totaled $507.5 million.

The justices rejected the amount — $2.5 billion — that a federal appeals court had granted to be shared by 32,677 plaintiffs who had claimed damages from the worst oil spill in U.S. history, including fishermen, Alaska natives, local businesses and others.

That amount had been reduced from the $5 billion that a jury awarded in 1994. Much More...

http://seattletimes.nwsource.com/html/localnews/2008018035_exxon26m.html

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