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California’s Oily Justices « The Washington Independent

Jul 31, 2020
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Former employee Braxton Berkley was one of hundreds to sueLockheed Martin and other chemical supply companies—some of which are among the world’s largest oil companies—for injuries resulting from exposure to toxic chemicals. Berkley, who says the injuries resulted from his work on military planes, appealed his case to the California Supreme Court. But the case was dismissed.
Why? Four out of seven justices held stockin some of those oil companies, and therefore couldn’t rule on the case.
This NYTimes editorialsums it up best:
It’s a crazy — and unacceptable — way to run a court. The justices should be required to put their financial holdings in a blind trust. Instead, California requires judges to follow their investments so they can recuse themselves in cases where there is a conflict.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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