On Friday evening, Rachel Maddow covered a story about how NJ Republican Governor Chris Christie, aka PIGnocchio, settles a lawsuit of many years standing against ExxonMobil for polluting the area under and around a refinery in that state for no apparent reason. Rachel said that that if the people of NJ were getting screwed for political considerations, it could turn out to be a scandal. First, here’s Rachel’s segment.
Now we’re learning why PIGnocchio would settal that suit for a mere three cents on the dollar.
Before Gov. Chris Christie’s administration abruptly settled long-running state environmental litigation against ExxonMobil for far less than originally expected, the oil behemoth donated hundreds of thousands of dollars to a Republican group that Christie ran and that financed his election campaigns. Additionally, the Christie administration office that engineered the settlement had been run by a former Exxon lawyer.
When the case was initiated in 2004, when Democrat James McGreevey was governor, New Jersey sought $8.9 billion in damages in a suit alleging that ExxonMobil damaged more than 1,500 acres of waterfront and meadows. Yet, according to documents reported on by the New York Times on Friday, the Christie administration is settling the suit for just $250 million. Based on ExxonMobil’s 2014 revenue of $411.9 billion, it will take the company roughly 5 hours to generate the sales to pay out the settlement.
Federal records show that the reduction, which represents a huge gift to ExxonMobil, follows a wave of campaign cash from the company to the Christie-run Republican Governors Association.
Since Christie’s first run for governor in 2009, ExxonMobil has donated more than $1.9 million to the group, according to data compiled by PoliticalMoneyLine.com. That includes $79,000 during Christie’s 2009 campaign and $200,000 during his re-election campaign in 2013. It also includes $500,000 when he chaired the organization during the 2014 election cycle.
ExxonMobil was one of the top contributors to the RGA during that election cycle, according to the Center for Responsive Politics… [emphasis added]
Inserted from <IB Times>
Click through. There’s more.
We have the smoking gun. I’d say it’s turning out to be a scandal.