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LARGE COMPANIES DO FACE BANKRUPTCY DUE TO MANAGEMENT GREED & NEGLIGENCE. These companies have forgotten about the simple factors facing their companies today. Gone are the days of consultants axing employees to safeguard their shareholders interests. Gone are the coverups that will come to life sooner or later. This is no longer acceptable & gone is the vision of today. The real problem these companies face is Global Awareness. Don't leave it until it is too late? Ask us for help as we are the experts.

Firms Hit Hard As Asbestos Claims Rise

A series of multimilliondollar jury awards to victims of asbestos exposure in recent months is sending shock waves through corporate America, contributing to several major bankruptcy filings and warnings of massive future damages. The wave of new litigation and a surge in the number of people reporting exposure are a blunt reminder that the asbestos problem, a largely forgotten product liability mess of the 1980s, has not gone away. More than 75,000 new claims for compensation have been brought so far this year, the most since 1989, from people reporting effects ranging from shortness of breath to mesothelioma, an asbestosrelated cancer that typically suffocates the afflicted within 18 months. The number of people expected to file injury claims could eventually reach 2.5 million, from the current 575,000. And the economic toll of asbestos could run as high as $200 billion,higher than estimates for all Superfund sites combined, Hurricane Andrew or the Sept. 11 terroristattacks. The widespread use of the naturally occurring mineral fiber as an insulator and fire retardant in thousands of products from construction materials to yarn through the mid'70s continues to spin a commercial disaster that is expected to take its toll for at least 40 more years The attached document on Environment and sources of contractors may also be useful.

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