What's wrong with the new bankruptcy laws

This is what's wrong--from last July's Houston Chronicle:

Halliburton won court approval of its $4.2 billion asbestos settlement plan Friday when a bankruptcy judge in Pittsburgh signed the Chapter 11 restructuring plans for several key business units, including KBR and DII Industries.

KBR and DII filed for bankruptcy protection in December as a way to deal with claims by some 400,000 people who said they were injured by exposure to asbestos.

The bulk of the claims have been traced to Halliburton's acquisition of Dresser Industries several years ago when Vice President Dick Cheney was chief executive officer.

. . .

Halliburton shares rose 45 cents to close Friday at $31.50. For the year to date, the stock is up by 21 percent. The asbestos deal's progress aided the stock because it capped a potentially crippling cost — an endless run of litigation by those exposed to asbestos.

A Halliburton spokeswoman said little beyond that the company was pleased the confirmation order had been issued and was studying it.

Can you say "evil motherfuckers"? I knew you could.