Not mentioned in the article is the fact that the alleged environmental damage was originally done by Texaco before Chevron bought them out. The original judgment was settled by Texaco and had nothing to do with Chevron until shady lawyers and environmentalists realized the buyout provided them with even deeper pockets to go after.
Fair disclosure - I am a Texaco/Chevron stockholder and I am very happy with the way Chevron has handled this extortion attempt.
I guess this dumb schnook and his ignorant boss in the WH haven't heard the latest (cackle).
Snowden seeks asylum in corrupt Ecuador---b/c he knows sap-happy Ohaha wont queer that deal. Ecuadorians are Third World latinos---O needs them to stay in power another 10-20 years.
(Wiki leaker Julian Assange is staying at Ecuador's embassy in Britain---his group is financing fellow-leaker Snowden)
BTW, the US has no diplos in Ecuador---they threw out the one we had b/c our diplo squealed on their corruption and heroin drug-running.....but Ecuador still gets some $35 million foreign aid from the US........PLUS.
How much do Ecuadorians living here illegally send back to the corrupt federales? And how did Ecuador influence the "reform bill" to solidify THEIR interests.
For example---The corrupt Dominican Republic depends on the BILLION US tax dollars PER YEAR its illegal populations in the US send back home to the poverty-stricken Third World hellhole.
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The stranglehold corrupt Third Worlds have on the US was never more apparent.
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Snowden's no hero-----but he's making Obama and Holden look like the idiots they are.....guy is globe-trotting, using US secrets as trading cards.....and O/Holder can't seem to do a dam thing about it.
True, the damage - such as it was - was done by Texaco, not Chevron, but in purchasing Texaco, Chevron assumed its liabilities - such as this.
More to the point, the Ecuadorian national oil company - Texaco’s ‘partner’ - took over the oil fields a while ago, and the government accepted the status of the properties as appropriately cleaned-up at the time. The Ecuadorian company has been operating the properties since then, and if you are familiar with the diligence (or lack thereof) given to safety and environmental issues by national oil companies (especially but not exclusively Third World ones) you would assign blame for most environmental damage to the Ecuadorian company, not Texaco or its successor, Chevron.