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Related: About this forumPatrickforO
(14,559 posts)To put this in perspective, the net profit of J & J in 2016 was $16.54 billion. So, $100 million settlement not even 1/10 of 1% of that figure.
J & J legal team is probably celebrating their huge victory as I write this.
Capitalism sucks.
Dustlawyer
(10,494 posts)Just like the other asbestos companies they have covered it up for years to keep making that $$$$ despite knowing they are killing people.
This is just one of many such cases coming down the pipe. My guess is J&J will be doing a global settlement with victims soon because this verdict will bring awareness to victims to seek attorneys, and embolden attorneys to make the big investment it requires to bring such cases.
King_Klonopin
(1,306 posts)I have been scratching my head over this story, wondering
how calcium carbonate is now considered a carcinogen.
Now I know it has asbestos (which is an element like calcium)
mixed in with it.
Unfortunately, I have J&J stock in my retirement account, so I
will also lose money. If I sold all of my stock holdings on moral
principles, I probably wouldn't own any at all !
yuiyoshida
(41,818 posts)ingredients on the panel... but hey, with the way Republicans are these days, they might list it just to say, "See how stupid you are, using this? "
Totally uncaring.
mountain grammy
(26,598 posts)She was active and healthy and used baby powder most of her life.
Corporations are killing us.
Kath2
(3,074 posts)And it won't stop with this corporate-friendly administration.
MontanaMama
(23,295 posts)died of uterine and ovarian cancers respectively in their mid-sixties. Both used baby powder for years and years. These losses seem so unnecessary...a product named "baby powder" sounds like it should be benign and it is deadly.