Corporate Justice
Our Supreme Court Chief "Justice" John Robert's comment on Exxon being ordered to pay $2.5billion — roughly three weeks’ worth of profits — for destroying a long swath of the Alaska coastline in the largest oil spill in American history.
“So what can a corporation do to protect itself against punitive-damages awards such as this?”
-Roberts asked in court.
I really hope like Homer Simpson Roberts then said, "Did I say that out loud?"
Three weeks worth of profit -poor Exxon...
I want a windfall profits tax starting yesterday.
Link TP.
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Labels: Alaska oil spill, Exxon, Supreme Court