- Joined
- Jan 10, 2008
- Messages
- 183
- Reaction score
- 71
This is where alot of people go wrong when they come down on trial lawyers and allow legislation to cap monetary amounts for damages. As long as it is cheaper to pay out a civil judgement than it is to pull a drug off the market they will continue to leave the drugs on the market. There should no caps on civil monetary damages, when one of these companies is finally hit with a BILLION DOLLAR judgement they will learn, MAYBE.
Yes. Somewhat OT, but this is reminiscent of Lee Iacocca's handling of the exploding Pinto. He deemed it cheaper to pay the claims than redesign the car. I was in college at the time and my economics professor used this as an example. I was horrified then at the disregard for human life and will never forget Lee Iacocca but not in a positive way.
Disillusioned Goldie