The Supreme Court on Wednesday also cut the $2.5 billion punitive damages award in the 1989 Exxon Valdez disaster to $500 million.
The court ruled that victims of the worst oil spill in U.S. history may collect punitive damages from Exxon Mobil Corp., but not as much as a federal appeals court determined.
Justice David Souter wrote for the court that punitive damages may not exceed what the company already paid to compensate victims for economic losses, about $500 million compensation.
Exxon asked the high court to reject the punitive damages judgment, saying it already has spent $3.4 billion in response to the accident that fouled 1,200 miles of Alaska coastline.
A jury decided Exxon should pay $5 billion in punitive damages. A federal appeals court cut that verdict in half.
Emphasis added by me.
We the people say, you've fucked us, now pay up.
Meanwhile our alleged government tells us, fuck you.
And all of you wonder why I'm voting for Nader?
You think McCain or Obama give a shit? Really?! You morons!
Exxon suxx. McCain duxx.