The Exxon Sell Ou...I Mean Settlement......

[Cha]

20. Shortchanging New Jersey by Billions.. Chris Christie’s Exxon Settlement Is Bad for New Jersey

THE decision by the administration of Gov. Chris Christie to settle an environmental lawsuit against Exxon Mobil Corporation for roughly three cents on the dollar after more than a decade of litigation is an embarrassment to law enforcement and good government.

Even more troubling are the circumstances surrounding the decision, which recently came to light. As a judge deliberated whether to assess the $8.9 billion in damages New Jersey sought, the administration stepped in and agreed to take about $250 million and settle the case.

Former colleagues of mine in state government, where I served as commissioner of environmental protection from 2002 to 2006, have told me that Mr. Christie’s chief counsel inserted himself into the case, elbowed aside the attorney general and career employees who had developed and prosecuted the litigation, and cut the deal favorable to Exxon.

MOre.. http://www.nytimes.com/2015/03/05/opinion/chris-christies-exxon-settlement-is-bad-for-new-jersey.html?smid=tw-share&_r=0

Just saw this, Laxman..