Friable Thoughts

Monday, November 07, 2005

U.S. hearing planned on projected asbestos claims

The Senate Judiciary Committee wants to know if the trust fund is big enough. They also hope to determine if cancer victims, who don't normally file asbestos lawsuits, might file claims with the trust fund. If they do, the fund probably will go bust and real fast. One would think that they could set the standards to exclude bogus claims but given that our current system has problems sorting out valid and invalid claims, don't hold your breath.

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