The Tobacco Deal: Smoke And Mirrors?

If the settlement becomes law, taxpayers could be the big losers

The best place to glimpse the future of the proposed $368.5 billion tobacco settlement could be Pascagoula, Miss. That's where years of legal battles paid off for tobacco's adversaries on July 15: $170 million was deposited in Pascagoula's SouthTrust Bank, the first installment in Mississippi's $3 billion settlement with the industry.

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