A Look Back at the Rhode Island Lead Paint Case

A thorough chronology of the Rhode Island lead paint public nuisance trial, from conception to verdict, is in today’s NYT.

Not long after the verdict, an investment analyst called me and asked if I thought this was the start of a series of hits for the industry.  I told him, and continue to think today, that it’s unlikely — too much of a square peg, round hole problem.  But it’s certainly a non-zero chance, especially with California in the mix.