Appeals Court Cuts $5B Exxon Award in Half

These greedy S--s make 36 Billion during the year and then they do this to the poor fisherman

Appeals Court Cuts $5B Exxon Award in Half
By DAVID KRAVETS, AP


The company, whose $36.1 billion in earnings last year were the highest ever by any U.S. corporation, said it has spent more than $3 billion to settle federal and state lawsuits and to clean the Prince William Sound area. The company earned about $5 billion when the spill occurred.

SAN FRANCISCO (Dec. 22) - A federal appeals court on Friday cut in half a $5 billion jury award for punitive damages against Exxon Mobil Corp. in the 1989 Valdez oil spill that smeared black goo across roughly 1,500 miles of Alaskan coastline.

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