Slashdot Mirror
GM Gets To Dump Its Polluted Sites
ParticleGirl writes with this excerpt from the Detroit Free Press:
"GM's unusual, government-engineered bankruptcy allowed the Detroit automaker to emerge as a new company — and to shed billions in liabilities, including claims that governments had against GM for polluting. Environmental liabilities estimated at $530 million were left with the old GM, which has only $1.2 billion to wind down. Administrative fees and other claims will soak up that money, and state and local officials told the Free Press they fear the cleanups will be shortchanged. ... The New York Attorney General's Office, seeking to protect environmental claims for cleanup at Massena and other sites, argued that federal and state regulatory requirements should not be eliminated by a bankruptcy sale. ... But [US Bankruptcy Judge Robert Gerber] ruled otherwise."
Taking care of the environment costs more, not less.
Oh? Name one right a corporate entity has that is superior to that of a citizen?
Fly me to the moon Let me sing among those stars Let me see what spring is like On jupiter and mars
And how is that a right? (Go ahead mods, mod me "Redundant" because you disagree as with the GP)
// MD_Update(&m,buf,j);