Outsports Discussion Board > Asbestos Legislation May Help Halliburton

Full Version: Asbestos Legislation May Help Halliburton

Outsports Discussion Board > Outsports > Politics & Religion

twin58

Jun 9 2003, 10:52 PM

http://biz.yahoo.com/rb/030606/energy_hall...liburton_6.html

QUOTE

Reuters
Asbestos Legislation May Help Halliburton
Friday June 6, 4:51 pm ET
By Carolyn Koo

NEW YORK (Reuters) - Halliburton Co. (NYSE:HAL - News) on Friday said it expects to delay the bankruptcies of two units until the third quarter, a move that could enable the company to pay less money than expected to settle asbestos lawsuits under a proposed U.S. Congressional bill.
....

A reduced payout would result from U.S. Senator Orrin Hatch's efforts to pass asbestos legislation to set up a $108 billion trust fund to pay asbestos injury claims over the next 25 years to 30 years.

Pork chops, DOMA, Clinton, etc.

p2insdca

Jun 9 2003, 11:26 PM

Funny I thought they could afford the payout after Mr Bush's phoney preemptive war.

thersis

Jun 10 2003, 05:03 AM

QUOTE

twin58:
Pork chops, DOMA, Clinton, etc.

PhillyFan

Jun 10 2003, 09:37 AM

Dont say pork chops or that dixi chick might move to DC.

fantomas

Jun 10 2003, 11:59 AM

Corporate welfare as usual--where's the outrage, PhillyFan?

"I get by with a little help from my friends...."
--George W/Dick Bunkers Cheney/Halliburton

PhillyFan

Jun 10 2003, 12:10 PM

copr welfare reform yes... but let's do some freaking tort law reform. That is the big problem. Scum ball lawyers... yeah we can get you 2 million for this hang nail.

fantomas

Jun 10 2003, 01:42 PM

QUOTE

PhillyFan:
copr welfare reform yes... but let's do some freaking tort law reform. That is the big problem. Scum ball lawyers... yeah we can get you 2 million for this hang nail.

If you believe this propaganda, have I got a bridge to sell you. No, not tort reform, but reforming the damn greedy insurance industry, who we keep bailing out. If you can't insure, get the hell out of the business--and don't invest all the damned money in the lousy stock market. Tort reform is just more right-wing BS!

This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.