“My initial reaction is no, it will not bankrupt the companies. Florida passed a law that if companies have to post a bond to pay huge punitive damages, it's capped. But that law has not been tested.”
“I attribute it to innovative marketing, rebellion by the people, you tell them not to smoke they're going to do it anyway, and a faster resilience by the industry.”
“As governor, Bush took a stand to limit liabilities imposed in lawsuits against gun manufacturers, HMO's and other businesses. Because tobacco is also a legal product, we believe Bush would support similar limits on cash damages awarded to plaintiffs in lawsuits filed against tobacco companies.”
“We continue to expect Heinz to divest non-core assets, to generate strong cash flow, to deliver improving margins and eventually to sell or partner the business.”
