Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: CBS 42 Exclusive: Former AL governor Don Siegelman speaks [View all]L. Coyote
(51,134 posts)18. Gov. Don Siegelman, the Roughly $3.6 Billion, ExxonMobil, and Pissing Off BIG OIL.
Siegelman's problem is his honesty. He didn't know how to look the other way and take money away from school kids for Big Oil.
Deja DU:
L. Coyote - Mar-27-08
https://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3070446
GRRREEAATT NEWS!!! Don Siegelman is being released from prison, albeit only on appeal.
This, of course, means he cannot be kept from the press! What are the implications?
Is it time to dig deeper into the Siegelman political prisoner saga? How did it start?
There is a story little told, from before the 2006 prosecution,
before the illegal campaign contributions to Riley from Abramoff and his felonious pals,
before the 2002 AL election theft stole victory from Dems in the middle of the night.
Siegelman's administration sued BIG OIL. ExxonMobil committed fraud and underpaid Alabama
in a contract for natural gas pumped from Mobile Bay. Alabama won that litigation, and a
jury awarded the state a judgment against ExxonMobil of roughly $3.6 billion. Not chump change!
Is that where it starts? This incident is certainly a BIG possible!
Or was this gambling corruption? Or just felonious politics?
How about defense contractors corrupting politics? Possible.
Or, it it another case of "ALL OF THE ABOVE"? Your opinions?
============================
ExxonMobils Alabama Paydirt
Scott Horton - Nov 4, 2007 - http://www.harpers.org/archive/2007/11/hbc-90001584
Back in 1904, Ida Tarbell published what ultimately was to be seen as the seminal work of the muckrakers, The History of Standard Oil. It appeared first in nineteen installments in McClures Magazine, a rather less successful competitor of Harpers, and shortly after the last installment appeared, Tarbell published the work in book form as well. In her work, Tarbell exposed the dark underside of corporate deal-making, the series of interlocking directorates and manipulations which had allowed John D. Rockefeller to build the oil leviathan and dominate the American market. Tarbell demonstrated that Rockefellers success came not so much from business acumen (though she never contested that he had plenty of that) as through a thorough understanding of how to game the system. John D. Rockefeller was a power unto himself. Politicians around the country were made and broken to suit him.
But Tarbells disclosures fueled the drive for antitrust legislation and a fairer and more competitive business environmenta drive which was, in its time, championed by progressive politicians of both parties, but particularly by Theodore Roosevelt. By 1911, Standard Oil was broken into thirty companies.
But over time, like the liquid-metal monster in the Terminator series, Standard Oil pulled itself back together again. It was aided in this process by a change in attitudes across the political spectrum, but most particularly it was aided by Americas campaign finance system in which politicians standing for election require increasingly larger sums of money to pursue their campaigns, and support from the corporate till is essential. The final act of rebirth occurred when the two principal surviving pieces of the company, Exxon and Mobil, merged at the close of 1999. The resulting behemoth, ExxonMobil, is the largest publicly traded integrated petroleum and natural gas company in the world. It is also the worlds largest petroleum and natural gas company by revenue, with revenues of $377.6 billion in fiscal year 2006.
The State of Alabama believes that it was victimized by ExxonMobil. According to the states complaint launched by the Administration of Governor Don Siegelman, ExxonMobil committed fraud and underpaid the state in a contract dispute over natural gas pumped from Mobile Bay. Alabama won that litigation, and a jury awarded the state a judgment against ExxonMobil of roughly $3.6 billion. Not chump change .....
...... http://www.harpers.org/archive/2007/11/hbc-90001584 ..............
===============
More. Follow past DU Siegelman threads from this post:
Political Prisoner Don Siegelman: Will the 60 Minutes Spotlight Make a Difference?
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x2909551
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
20 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Gov. Don Siegelman, the Roughly $3.6 Billion, ExxonMobil, and Pissing Off BIG OIL.
L. Coyote
Aug 2017
#18
"What I've decided to do is to follow my new purpose, to advocate for criminal justice reform."
sandensea
Aug 2017
#3
Abramoff and Kark Rove Linked to Prosecution of Ex-Alabama Governor and Campaign Finances
L. Coyote
Aug 2017
#19