Saturday, September 02, 2006
The Vioxx Empire Strikes Back and other stories...
I'll be away for most of the weekend, but leave you with a few links to stories of interest as photo of a Pakistani boy working in a factory, making Nike soccer balls. I thought this was a good song to commemerate Labor Day and to remember Big Bill Haywood's line about "Eight hours of work, eight hours to play. Eight hours to sleep, eight dollars a day." Please add your comments. It would be nice to get a discussion going.
Vioxx Reversal: Here is a link to the NYT article on the reversal of the $50 million verdict in a vioxx case as "grossly excessive." The jury awarded the retired FBI agent $1 million in punitive damages and $50 mil in compensatories. The finding of liability was upheld.
More Bad News from Iraq: NYT Headline "More Grim News from Iraq" A sample sums it up: "The assessment provides bad news on a variety of fronts. It said that Al Qaeda is active despite the death of Abu Musab al-Zarqawi, because of the group’s “cellular structure,” that the Sunni insurgency is strong and that militias are undiminished."
Finally, here is a link to the opinion from a Mississippi federal judge's ruling that a couple's insurance policy doesn't cover "water and water borne damages." As the news summary leading into the opinion notes "The legal decision could affect thousands of similiar Nationwide Mutual Insurance policyholders affected by Hurricane Katrina."
Have a great and safe Labor Day weekend!