So Much For Smoking Out Big Tobacco's Secrets

The deal may let companies keep documents under wraps

When Mississippi Attorney General Mike Moore announced the proposed $368 billion tobacco settlement on June 20, he claimed that it would force the industry to turn over a treasure trove of previously secret internal documents. "We wanted to make sure that every single person, not only in America but this entire world, knows the truth about what the tobacco industry has done.... And we are satisfied that we have done that," Moore exulted.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.