Dow & dioxins

Our friends at the Dow Chemical Co. and the chemical behemoth's shareholders are facing a possible class action lawsuit in Michigan for fouling the Tittabawassee River with dioxins. (Dioxins are chemical compounds suspected of causing cancer, liver abnormalities and reproductive problems when consumed regularly over an extended time period.) Some 171 litigants want damages. Dow is opposing the class action move. Bad for shareholder value.

Back in 1990, there was a similar problem on the lower Brazos River down here. But there weren't any class action lawsuits. At least not that we know of. The company and the state just told everyone not to eat the fish. Then, seven years later, they said it was OK to eat the fish. I guess that's what they mean when they say Texas is a "bidness friendly" state.

[ourmidland.com]
[texas department of health]