Word: cameleers
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Look who's talking now. For four decades, tobacco giants Philip Morris (Marlboro) and R.J. Reynolds (Camel) have hotly denied that cigarettes cause illness and have successfully stubbed out every claim for damages brought against them. But the danger of suffocation from mushrooming lawsuits, rising political hostility and shareholder agitation have finally compelled the two companies to discuss a settlement. It was disclosed last week that the tobacco giants had begun complex negotiations with state attorneys general, private lawyers and antismoking advocates...
...Mike Bryan tells us in Uneasy Rider: The Interstate Way of Knowledge (Knopf; 349 pages; $25), is Phil ("Shorty") Kendrick, a former egg deliverer who, having seen Jesus, is planning a 450-ft. model of Noah's ark. So far his kingdom extends mostly to a 14-year-old camel he drags around for cameos in Easter pageants...
That is precisely why jubilant anti-smoking forces applauded a remarkable string of confessions by the Liggett Group last week as the straw that could finally break Joe Camel's back. The admissions, made to end Liggett's role as a defendant in 22 state lawsuits against the five largest U.S. tobacco companies, offered an unprecedented peek at some dirty little secrets inside Liggett and, by implication, the rest of the $45 billion tobacco industry...
...stock of several tobacco companies took a drubbing. Among them was Philip Morris, which plunged $17.50 a share to finish trading for the week at $111.50--a drop of 13.6% or $14 billion in market value. Also punished was stock of RJR Nabisco, parent company of R.J. Reynolds (Winston, Camel), which closed at $31 a share on Friday for a five-day drop...
...comes up in public debate these days, it is often just as metaphor for the concerns of a perfectible secular kingdom of man, as in the debate that started in the Washington Post last month and continued online in Slate over Jesus' statement that "it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God." Peter Wehner, policy director for Jack Kemp's think tank, Empower America, decried the worldliness of Christians who feel they can serve both God and Mammon--resulting in too many people...