Girl wins $51.4 million for streetcar accident

The Times-Picayune ^ | 8/29/2003, 12:38 p.m. CT | The Associated Press

[gd124]

NEW ORLEANS (AP)

[July 4th]

Ditto with hotel windows. Few can be opened more than a few inches anymore.

[Conservative til I die]

I'll explain once you take a high school level Economics course.

And anyway, what does a CEO's salary have to do with an accident lawsuit? IF a CEO makes a lot of money does that somehow justify outrageous settlements in unrelated lawsuits??? I really don't follow, unless you're just trying to agitate.

[dennisw]

I can see an award of a few million even though that would be excessive. But 51 million bucks!!! That's insanity. What was the jury like?

[dennisw]

I'm curious. Do you (people for limits on judgements) have problems with CEO's that make 600 times their average employee? ..................


One has nothing to do with the other.

[Mo1]

The accident occurred while the child was attending a birthday party on a chartered streetcar

Who in the world would have a birthday party on a streetcar?

[Tamzee]

Anyone who could get OJ off is someone whose opinion I would value highly ... as long as he is on my side.

Sorry... I'd rather lose everything than associate with that ammoral, race-baiting shark.

[KCmark]

What the hell does the one have to do with the other?

So many ask when I explained the connection in that same paragraph, immediately after the question. Does anyone read anymore?

Isn't it 'conservative' thought to get all you can get? If you can get it, you must deserve it?

Some say CEO salaries are an issue for the shareholders. Sure. But aren't judgments an issue for juries? Do you really want the government putting a price tag on life? Do you think Ford should compare the cost of a few lives (based on government mandated limits) to the cost of retooling a dangerous car and go with the lesser cost?

BTW, I think the responsibility in this case lies at whoever was supposed to be watching the kid. I also don't think anyone’s life is worth 51.4 million, let alone an arm. At the same time, I have some problems with excessive CEO pay. I don't think anyone's work is worth the salaries/bonuses some CEOs receive. Having said that, I am always hesitant of government regulation; but that is just my idea of ‘conservatism’.

And just because I am thinking of a shirt tail related thread from earlier this evening… I also have trouble with the 'conservative' double standard for unions. How is it different when a union makes a business go under and when management salaries make a company go under? A CEO gets to negotiate the best salary they can get. Shouldn't the workers get that same opportunity? If workers can get a better deal with collective bargaining, why not let them? If a union succeeds in getting a wage increase, then why not let the CEO take a decrease in salary to keep the company afloat? It goes the other way often. Why is one ok, the other isn't?

I am curious to see what someone like you would say.

[Porterville]

Crush my arm, oh, oh, I have two arms, please, I want some money too. (I don't believe in Karma, it's for little girls)

[FlyVet]

I have my own thoughts on tort reform and the CEO issue,

Feel free to expound.

[StriperSniper]

Tort limits is a subject I'm torn by. I don't see a perfect solution in the foreseeable future due to the, for lack of a better term, the 'inteligence gap', between the leftist lawyers and judges and the saps on the juries that award these anomalous giant awards.

The Ford question depends on how 'dangerous' is defined. Cars are inherrently dangerous, and cost/benefit must be taken into account in every descision. There are three basic tugs at the design in regard to safty. Absolute safty, which will create heavier designs. Mandated fuel economy, which pulls toward lighter designs. And cost, which determines viabillity in the marketplace. The first two have the government pulling in opposite directions which is an imperfect entity trying to force perfection on another.

Back to the CEO 600 times question, positive or negative, a CEO's impact on a company's bottom line is more than 600 times that of the average worker. If the board is rewarding poor performance, again, it is the shareholders responsibility to do something about it, it's their money. On the other side, I'm sure there are examples of CEOs who are undercompensated for their positive impact on the company.

[cksharks]

Well since you ask! You are the (shareholders) can fire a bad CEO. God is the only one who can fire a union thug by calling them home. Wages are not the reason I hate,despise,cannot stand unions. When it takes three people to do the job of one it stinks. The only way to get rid of a union is to go bankrupt and start over or shoot the bastards. They are a blite on the socicity they come from. They have been and will always be corrupt. The teachers and public employes unions have a self increasing attitude built in. They could care less about the students are the public. You sound like you are a union lawyer. You asked I gave you my opinion.

[sarasmom]

This is the predictable result when the jury pool consists of people who "were not savvy enough" to "get out" of jury duty.

I find it amusing to hear the screeches and groans from "conservatives" who avoid the very minute civic duties required of members of this society, then B&M that the entire legal system is going downhill.

Are we all supposed to pretend it is unrelated?

[KCmark]

Too many "Just Damns" buried responses. A slow developing thread, but a nice discussion.

I find it amusing to hear the screeches and groans from "conservatives" who avoid the very minute civic duties required of members of this society, then B&M that the entire legal system is going downhill.

Exactly. I see it the same as the "shareholders" argument. You can't convince me jury notices are only sent to liberals. A lot of shares are held by 401Ks, and the people owning them are paying attention to the other aspects of their life more than the proxy vote in the mail.

Just like shareholders can supposedly fire the CEO, surely a business can negotiate firing clauses. You can't blame people for seeking the best deal.

BTW, I believe in union and non-union companies. It takes both.