Word: tobacco
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...after the FTC issued its report, South Carolina attorney general Charlie Condon called it a "smoking gun" that would allow him and other state attorneys general to sue the entertainment companies in the same way they successfully sued the tobacco industry. "They're going after these kids full bore," he says. "It's like an aspirin company marketing adult aspirin to children in violation of their own standards." But a class action of the kind that brought down the cigarette makers would be a hard case. While the connection between smoking and cancer is backed by solid medical evidence...
...after the FTC issued its report, South Carolina attorney general Charlie Condon called it a "smoking gun" that would allow him and other state attorneys general to sue the entertainment companies in the same way they successfully sued the tobacco industry. "They're going after these kids full bore," he says. "It's like an aspirin company marketing adult aspirin to children in violation of their own standards." But a class action of the kind that brought down the cigarette makers would be a hard case. While the connection between smoking and cancer is backed by solid medical evidence...
...year burst of campaign TV ads. On Nov. 28, 1995, Gore flew to Houston for a intimate fund-raising dinner at the home of high-profile trial lawyer John Eddie Williams. His guests included attorneys who have made fortunes representing individuals claiming harm from asbestos, tobacco and other products...
...National Committee staffer, Erica Payne, suggesting follow-up calls to some of the Texas lawyers who attended the dinner. Among the names was Walter Umphrey of Beaumont, who made his fortune suing asbestos manufacturers and was the lead lawyer for the state of Texas in its suit against the tobacco industry. (He would later share $3.3 billion in attorneys' fees when the suit settled in 1998.) Umphrey is described in the memo as "close to" Williams, who hosted the event, although it is not clear that he was at the dinner. Regardless, the memo suggested asking Umphrey...
...desperate for an election play, consider defense stocks. Bush would reinvigorate military spending. Even Gore would be likely to throw more resources that way. Energy might benefit under oilman Bush, as might Big Tobacco and Microsoft, both of which are suffering under federal litigation. Financial stocks might do well under Bush's plan to partly privatize Social Security. Under Gore, waste-cleanup companies might do well, as might Microsoft's competitors...