Quote of the Day - Lack of money is the root of all evil.
If you're a plaintiff's attorney, you would start pinching yourself thinking that you must be dreaming. But if you're the Orange County District Attorney Tony Rackauckas, you wouldn't be.
You would have just signed that settlement.
But hold on, as with all such things, you'd have to read a bit further.
Assemblyman Todd Spitzer doesn't think the settlement has much value. "This is a completely empty settlement with no teeth in the enforcement of the cleanup," said Spitzer, considered a likely candidate to oppose Rackauckas' 2006 reelection bid. " 'Unlimited' in this case means nothing," as quoted by the LA Times.
The Times went on to point out that the DA believes that "naming a dollar amount could have limited the lawsuit's reach, if the cleanup costs exceeded the total. With a neutral company selected to oversee the pollution probes and cleanup, Orange County is assured a thorough cleanup job," according to Assistant District Attorney Joe D'Agostino.
Before you make up your mind, though, give this settlement provision some thought: $3.5 million of the settlement went directly to the DA's office "to reimburse costs" and "fund future investigations."