gylgamesh

Class Action (1991)

Mar 14th, 2019
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  1. - He called in his head bean counter.
  2. - What's that?
  3. - Risk management expert, right?
  4. - Yeah. Flannery shows him the data and asks him how much it would cost to retrofit...
  5. - You mean recall?
  6. - Yeah, you got it. To retrofit 175,000 units. Multiply that times 300 bucks a car, give or take. You're looking at around $50 million. So the risk guy, he crunches the numbers some more. He figures you'd have a fireball collision about every 3,000 cars. That's 158 explosions. Which is almost as many plaintiffs as there are. These guys know their numbers. So you multiply that times $200,000 per lawsuit. That's assuming everybody sues and wins. 30 million max. See? It's cheaper to deal with the lawsuits than it is to fix the blinker. It's what the bean counters call a simple actuarial analysis.
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  8. ( springfieldspringfield co uk )
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