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Keyword: joanclaybrook

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  • Citizens Against Government Waste (CAGW) Sell Out

    02/02/2006 9:50:06 AM PST · by TacoAvenger · 10 replies · 324+ views
    According to Joan Claybrook, president of Public Citizen, victim compensation depends directly on how much the companies contribute, and the fact that stock prices of asbestos firms have risen with each step in the legislative process of the bill is a clear indicator that the companies are the winners under the legislation. Seven asbestos firms will collectively benefit from an estimated 73.6 percent reduction in their liabilities – down from $18 billion to $4.7 billion – according to the group. W.R. Grace & Co., for example, would see an estimated 86.9 percent fall in liability from $3.2 billion to $418...