It is so easy to steal from unsuspecting folks. Give them cancer and let them die. Don't worry about causing so much grief. Why? When someone comes knocking on your office doors asking for compensation, scream 'frivolous lawsuit!' I can hear WR Grace chanting, "Asbestos doesn't cause cancer!", "Asbestos is good. Abestos saves lives!", "WR Grace is man's best friend!"...
I have got to get me some stock in companies like W. R. Grace: they are a license to print money! And guess what? The good ol' government will help them continue hiding behind their lawyers while the sick die off. Gee, what a great way to make money.
Hey, do you think that HBS will write up a few case studies about how to lie and cheat and make billions? I sure hope so. If HBS can teach millions of future business leaders to follow the WR Grace-business model, you can bet your last breath that the economy will definitely rebound.
Yet another example of 'excessive greed gone wild'. Remember - 'greed is good' but 'stupid, excessive greed is bad' - worse, it's evil!
Hey, all you stock investors out there in 'Excessive Greedland, make sure you buy lots of shares of WR Grace. The company is going to make gazillions from all the dead people. For every dime the judges award the dead, you can rest assured that the good ol' government will give WR Grace a buck in tax breaks.'
[Notice of Disclaimer: Any fool who actually thinks that WR Grace's share price will increase due to the loss of any civil trial is a stupid fool. So, please make sure you speak to your nearest broker to understand that betting on any company in the midst of massive civil litigation may not work to your advantage. That is unless you wish to lose money and write off your losses against all those gazillions you made in capital gains.]
(Forbes: Update on WR Grace)
(Link to The Ying Blog: Lawsuits)
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