SIGforum
Help me understand the George Floyd settlement

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/7240014084

March 12, 2021, 04:06 PM
sdy
Help me understand the George Floyd settlement
George Floyd's brother Rodney explained it

Rodney Floyd called the settlement " a necessary step for all of us to begin to get some closure ."

https://abcnews.go.com/US/27-m...is/story?id=76419755
March 12, 2021, 04:08 PM
kimber1911
I could be wrong but believe the $27M equates to the cash equivalent of fentanyl in George Floyd’s system at the time of death.



“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,”
Pres. Select, Joe Biden

“Let’s go, Brandon” Kelli Stavast, 2 Oct. 2021
March 12, 2021, 04:42 PM
whododat
"which includes $500,000 for the neighborhood where Floyd was arrested"

Well, I for one, firmly believe this will also make a difference!

The lawyers will get at least a third, which I am sure they will donate to a good cause.

Sarcasm served daily.....


Because son, it is what you are supposed to do.
March 12, 2021, 05:03 PM
Pyker
Of course all the business owners who had their property and livelihoods destroyed by this fuckers 'supporters' get......................nothing.

Fuck Floyd and all his family and hangers on.
March 12, 2021, 05:05 PM
Micropterus
A lot of things. You look at the notoriety in the press. The overall feeling of the public towards the defendants. The chances of getting an unbiased jury. The skill of the plaintiff attorneys. The costs of defense. The worse those things are, the higher the out of court settlement.


_____________
"I enter a swamp as a sacred place—a sanctum sanctorum. There is the strength—the marrow of Nature." - Henry David Thoreau
March 12, 2021, 05:08 PM
jhe888
quote:
Originally posted by Flash-LB:
quote:
Originally posted by Aeteocles:
The odds are overwhelmingly high that that much money will ruin the lives of the recipient.

So, good luck to them.


They'll be broke inside of 4 or 5 years and looking to get more.

People are poor for a reason.


If it lasts that long.

That number seems high, but the city was afraid, and a jury could have done worse. There could be some portion of this that amounts to punitive damages, but it won't be explicitly denominated as such.

I think the city cave in.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
March 12, 2021, 05:09 PM
bdylan
Have to consider the damage to public property that will occur without a settlement.
March 12, 2021, 05:12 PM
YooperSigs
Its amazing to me that every member of Minneapolis PD has not resigned.


End of Earth: 2 Miles
Upper Peninsula: 4 Miles
March 12, 2021, 05:17 PM
Sig2340
Reparations.

Plain and simple.





Nice is overrated

"It's every freedom-loving individual's duty to lie to the government."
Airsoftguy, June 29, 2018
March 12, 2021, 05:29 PM
kz1000
That's a lot of Escalades & malt liquor...


------------------------------------------------------------------------
"Yidn, shreibt un fershreibt"

"The Nazis entered this war under the rather childish delusion that they were going to bomb everyone else, and nobody was going to bomb them. At Rotterdam, London, Warsaw and half a hundred other places, they put their rather naive theory into operation. They sowed the wind, and now they are going to reap the whirlwind."
-Bomber Harris
March 12, 2021, 06:02 PM
Skins2881
Assuming that the city/officer actually caused his death I think a fair settlement would be 20x his income (higher end of what someone should buy in life insurance), then multiply that by five for punitive reasons. Whatever that amount would be, would seem fair.



Jesse

Sic Semper Tyrannis
March 12, 2021, 06:03 PM
SigLaw
As someone that has to routinely value the loss of life in the context of alleged police excessive force cases, $27 million is so beyond the realm of normal as to be laughable.

This message has been edited. Last edited by: SigLaw, March 13, 2021 10:09 AM


________________________
"Don't mistake activity for achievement." John Wooden, "Wooden on Leadership"
March 12, 2021, 06:17 PM
bcereuss
And—as alluded to earlier in this thread—the taxpayers take it in the shorts again.

I’m sick of these judgements against government entities being paid by taxpayers. All public “servants” (Roll Eyes) should be required to carry malpractice insurance-paid out of their own pockets-to cover eventualities such as this. Once the limits are trashed, start taking their property.
March 12, 2021, 06:31 PM
gw3971
Payment was dropped just in time for the start of the trial. Nothing like 27 million pieces of evidence for the new jurors to consider in this political persecution.
March 12, 2021, 08:04 PM
220-9er
I’m putting Ben Crump on speed dial, just in case I’m ever wronged.


___________________________
Avoid buying ChiCom/CCP products whenever possible.
March 12, 2021, 08:44 PM
Sailor1911
quote:
Originally posted by BBMW:
If the case went to trial, what would a jury have given them?


Hopefully, the net present value of Georges future earnings. But, that's why I never pass as a jury member.




Place your clothes and weapons where you can find them in the dark.

“If in winning a race, you lose the respect of your fellow competitors, then you have won nothing” - Paul Elvstrom "The Great Dane" 1928 - 2016
March 12, 2021, 08:46 PM
Rev. A. J. Forsyth
The family will end up like every other white trash/black trash that wins the lottery. Penniless after 5 years from living high on the hog, giving large sums to random family, and having absolutely no financial training whatsoever.

The American taxpayer will be left holding the bag and wondering why the fuck a loaf of bread is $7
March 12, 2021, 09:21 PM
MikeGLI
Chappele voice: "I just bought this baby CASH..."




NRA Life Member
Steak: Rare. Coffee: Black. Bourbon: Neat.
March 12, 2021, 09:30 PM
Scoutmaster
quote:
Originally posted by whododat:. . . The lawyers will get at least a third, which I am sure they will donate to a good cause.

Sarcasm served daily.....


Reminds me of a cartoon, lawyer standing in front of a judge, caption "your honor, that settlement will only cover my fee, the victim deserves to get something out of this".




"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944
March 12, 2021, 09:42 PM
Bulldog7972
quote:
Originally posted by bcereuss:
And—as alluded to earlier in this thread—the taxpayers take it in the shorts again.

I’m sick of these judgements against government entities being paid by taxpayers. All public “servants” (Roll Eyes) should be required to carry malpractice insurance-paid out of their own pockets-to cover eventualities such as this. Once the limits are trashed, start taking their property.

\
I'm ok with that. But then you are going to have to double my salary. At the very least.