08 June 2005

Tobacco Escapes Huge Penalty

I presume that some kind of deal was cut.--Dictynna

U.S. Seeks $10 Billion Instead of $130 Billion

By Carol D. Leonnig
Washington Post Staff Writer
Wednesday, June 8, 2005; Page A01

After eight months of courtroom argument, Justice Department lawyers abruptly upset a landmark civil racketeering case against the tobacco industry yesterday by asking for less than 8 percent of the expected penalty.

As he concluded closing arguments in the six-year-old lawsuit, Justice Department lawyer Stephen D. Brody shocked tobacco company representatives and anti-tobacco activists by announcing that the government will not seek the $130 billion that a government expert had testified was necessary to fund smoking-cessation programs. Instead, Brody said, the Justice Department will ask tobacco companies to pay $10 billion over five years to help millions of Americans quit smoking.

0 Comments:

Post a Comment

<< Home