C8 is a product that the DuPont corporation used to manufacture Teflon.
It's in all of your Teflon pans as a matter of fact.
In the process of manufacturing Teflon DuPont pump millions of pounds of C8, this toxin,
this deadly toxin, directly into the Ohio River, and that caused cancer all up and down
the river.
70,000 residents along the river drank this C8 toxin for decades.
This went on for such a long time, but now, a new documentary has finally told the story
that media was too afraid to tell for 50 years.
The reason, Peter, they didn't tell the story is because DuPont spent so much money advertising
with NBC, MSNBC, CBS, ABC, and so does 3M, which were the two major manufacturers.
So, as we see so often with corporate media, it's all about dollars.
We don't get news anymore.
It's all filtered based on who's going to cut a check to pay for the advertising.
Yeah, exactly.
What we're seeing with the opioid industry right now, they're starting to buy all kinds
of advertisement so they can get more favorable stories on ABC, MSNBC, you know, all the network.
Kind of what BP after the oil spill.
Let's buy out full-page ads and run them, and then they get to kind of somewhat drive
the content of what the ultimate consumer is seeing.
It's just driving the message home and Main Street America is letting them do it at the
end of the day.
Yeah, well this movie is the first time.
Now, I was just at Sundance a couple of weeks-
The film festival?
The film festival.
And at the film festival, this thing premiered.
Peter, the place was jam-packed.
They had hundreds of people just on waiting line to try to get in.
The film got a standing ovation.
On the C8-
On the C8 film.
They call it The Devil We know is the name of it.
I'd recommend anybody to go take a look at this trailer.
It's called The Devil We Know.
It's done by a very, talented group, the same people who did Fed Up, which is one of the
most downloaded movies.
It made Sundance.
It's usually a pretty heck of a quality piece.
Yeah.
So anyway, as I watch this, I think ... the thing that occurred to me as I watch The Devil
We Know, was that what if corporate media had started telling these stories decades
before?
Now understand, we tried cases up there, where I had people that had cancer.
They had liver ... They had kidney cancer.
They had testicular cancer.
They had all types of stomach illnesses that were debilitating, where part of their intestines
had to be cut out.
There were birth defects involved with this, but the reason ... and let me just tell you
something.
We know for a fact that the national media, television media, was put on notice about
this.
Right.
And the only people that really picked it up were the people that the newspapers were
or television right around where this was occurring, and at best, what we saw was national
media do an eight-minute story, an eight story on something this bad, where they bought into
DuPont's argument.
Understand, they didn't just do the story.
They're thinking, "Okay, well, these people are advertisers for us, so let's put the best
spend on it."
They made it sound like it wasn't a problem.
You see it the whole time.
It doesn't matter which industry it is, one after another, and without the litigation
bar, without the trial lawyer bar, putting a spotlight on some of this stuff, you wouldn't
see a lot of this coming to the forefront.
The stories are hidden behind confidentiality agreements by sums of money and buy-offs and
enforcing the plaintiffs to sign non-disclosure agreements.
When you go into court, you see ... I mean, how many cases have you been in where these
disgusting emails are internal exchanges about the corporate malfeasance, and they're discussing
it internally.
They know they're hurting people.
They know they're pushing people to the end of the cliff.
And then in order to get the emails in litigation, there's protective orders in place.
I just wish if we got a little more spotlight, like the documentary, you'd see a lot less
of this.
Now, think about this.
You have a judge making a ruling ... I think of asbestos.
The early days of asbestos, there were documents where the CEOs of the company were making
statements like, "These men working around asbestos make a good living with asbestos.
They can die with asbestos."
Okay, now, think about the first judges-
I'd be nice to know that.
Yeah, you'd want to know that.
But the first judges that handled these cases said, "Oh no.
We can't let anybody hear this document."
It took a decade to where that document was out in the public, and in between, people
are working with asbestos, they're dying with asbestos.
I've handled at least five cases, where they've been pharmaceutical cases or environmental
cases, where you've had documents that where the defendant admits a) we did wrong, b) by
doing wrong, we've put people's health in jeopardy and people could die.
And then we see some boneheaded judge say, "Oh wow.
We got to put a protective order on this.
We can't let this go out and let anybody know about it."
What is your take?
It happens every day, and I do a lot more securities litigation.
We literally got an email in today, that after four years of litigation, we got an email
in today that had previously been withheld, had not been produced ... sorry.
It was inadvertently not produced, and there is a complete discussion, with senior level
management in a multinational company admitting and discussing the problems that they caused
internally with their clients knowing they caused the problem.
The problem is always with money-
And they hid it from them.
When you talk about the problems, tell us what the problems are with a mom-and-pop investor.
It's corporate putting funds together and creating those funds with conflicts of interest,
whining their own pockets and then selling them to mom-and-pop investors that have worked
their whole lives, kind of like your asbestos story.
Here's somebody that's worked their whole life butchers fishermen, taxicab drivers,
socking money away, and big Wall Street company takes the money that they saved, sells them
junk, crap, bottom-of-the-barrel stuff.
They call it junk,
Well they don't.
They call it junk internally, but externally, it's preservation of capital.
Oh that's junk-
It's safe for ... yes.
Internally, they call it junk, and then they sell it to these people.
They discuss it internally, and here's what the gist of the email was, it was absolutely
disgusting.
We've sold so much of this crap to our small client base that they can't sell it.
There's no one to sell it to.
It was restricted.
If you're going to sell it, I have to sell it to you.
You have to sell it to me.
What happens if there's a push on the market?
Well shockingly, of course, the price is going to tank.
They discussed it internally, talked about pushing these mom-and-pops all the way to
the cliff, and then they never told him there was a cliff there and let them fall off the
edge.
And who went to jail for that?
And nobody saw the email.
Nobody's seen it.
I can't sit here and say what company it was.
Nobody's gone to jail.
Heck, no one's even seen the email all because it's covered up by these non-disclosures confidentiality
that you're routinely forced to enter into, and if someone would just let these documents
get out, put a name on who those are, people would think twice about walking their mom-and-pop
clients up to the cliff.
Yeah.
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