Thank You For Smoking

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Smoking is one of the sublime joys of life. This is the main reason folks have been inhaling burnt tobacco for at least the past couple of centuries. Yeah it kills you. But so does fraud and conspiracy, and people aren't quitting those.
So it wasn't without a small tinge of joy that we learned that cigarette manufacturers had been awarded a major victory by the the Supreme Court of Florida today. The Court upheld a lower court decision throwing out a $145 billion punitive damages award against the smoke makers.
It's also set up rumors that Altria, the parent of Phillip Morris, may now seek to split itself up, selling off assets now that deals can be made without taking on the giant risk of the Florida litigation.

Florida Supreme Court Decision
[pdf file]

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