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 | If you’re fucked by Big Oil, you wait 20 years for compensation. If you are Big Oil, you spend $800 million to save $2 billion, when over those twenty years you’ve made half a trillion dollars in profit: WASHINGTON (AP) — The Supreme Court on Wednesday slashed the $2.5 billion punitive damages award in the 1989 Exxon Valdez disaster to $500 million. … [...] For John Roberts, there’s nothing playful about being the devil’s advocate: Chief Justice John Roberts was pained. Exxon Mobil, the giant oil corporation appearing before the Supreme Court yesterday, had earned a profit of nearly $40 billion in 2006, the largest ever reported by a U.S. company — but that’s not what bothered Roberts. What bothered the chief justice was that Exxon was [...] |      | ||||
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