Word: rawle
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Dates: during 1980-1989
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After the tanker Exxon Valdez plowed into a reef in Alaska's Prince William Sound, causing the worst oil spill in U.S. history, Exxon Chairman Lawrence Rawl made himself scarce. He waited almost a week before he publicly commented on the disaster, and it was more than two weeks before he ventured to Valdez. Last week, at Exxon's shareholder meeting, Rawl was forced to confront -- personally and directly -- a very angry public...
...hearings held by the Senate Commerce, Science and Transportation Committee, Exxon Chairman L.G. Rawl faced a merciless grilling. Rawl said once again that the company is taking full responsibility for the spill and will pay cleanup costs, but the Senators were not satisfied. Slade Gorton, a Republican from Washington, pointed out to Rawl that when Japanese companies cause serious accidents, their executives often resign in remorse. "I suggest that the disaster your company caused calls for that sort of response," said Gorton. Replied Rawl: "A lot of Japanese kill themselves also, and I refuse to do that...
...highly unusual public apology, published as an advertisement in TIME and about 100 other magazines and newspapers, Exxon Chairman L.G. Rawl promised that his company not only will pay all direct cleanup costs but "also will meet our obligations to all those who have suffered damage from the spill." Under federal law, the company must pay the first $14 million in cleanup costs, then can tap a fund set up by the Trans-Alaska Pipeline Act for an additional $86 million...
These are specific examples of the general outcome of Rawl's theory applied to pornography. Thousand of variations could be constructed, especially on the last situation. And the conclusion will always be roughly the same: A few people will 'benefit' mildly from the veil of ignorance, fewer still will suffer horribly, and the vast majority won't even know the difference. This is not justice...
...week: "For many years the corporation has, from time to time, made compensatory payments to selected executives where the corporation would benefit as, for example, by the early retirement of an executive from a position which would provide an opportunity for executive succession planning." Senior Vice President Lawrence G. Rawl, 56, has been nominated as Kauffmann's successor. Exxon has not yet named Cox's replacement...