Word: tobacco
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Dates: during 2000-2009
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...Although Van Susteren left private practice in the mid-1990s when she became a full-time contributor at CNN, Coaler remains an active lawyer, currently involved in litigation against the tobacco industry...
...served him well. After an initial round of handshaking, he and his close aides disappeared from view, at least in the opinion of many department lawyers. The news, leaked by a top DOJ official, that Ashcroft thought attorneys in charge of the government's massive pending case against the tobacco industry had performed poorly won him no friends among his foot soldiers, all of whom took note. Ashcroft also lost points among FBI field agents after reports circulated that he repeatedly snapped at his security detail...
...Florida headed back to Tobacco Road? Four years ago, the Sunshine State's employee retirement fund divested itself of more than $800 million in tobacco company stocks. Keeping the almost 20 million shares looked socially irresponsible since Florida was suing Big Tobacco for state medical dollars spent treating smoking-related illnesses and death, which resulted in a $13 billion settlement. As early as Wednesday, however, Florida may well decide to re-invest in the industry it has so successfully demonized in recent years. With tobacco stocks on the rise, Florida Insurance Commissioner Tom Gallagher now suggests that the state should...
...Florida does re-invest in tobacco, critics will be sure to point out that almost three-quarters of the $400,000 the industry funneled to the state's 2000 elections went to Republican candidates. Gallagher, Governor Jeb Bush and Comptroller Roger Milligan, who oversee the retirement fund, are Republicans all. But Florida wouldn't be the first to reverse itself: of the nine states who divested themselves of tobacco since 1996, Kentucky and Maryland have since allowed for re-investment. Still, Rhea Chiles, wife of the late Florida Governor Lawton Chiles, who led the divestment drive, noted that...
...then Al Gore started railing against big business, and George W. Bush started promising it the moon. A new class of "Bush stocks" - energy, tobacco, pharmaceuticals, defense, that sort of thing - emerged, and amid the ruins of the New Economy, the Old Economy was back in a big way. Especially when Bush started delivering. And when the man in the White House is hacking away at regulations, refusing to talk about price caps and recommending a new power plant a week for the next 20 years, the last thing Big Business wanted was gridlock keeping Bush from doing the nation...