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Exxon GC Calls $8.9B NJ Pollution Claim 'Negotiating Tactic'

By Alex Wolf (April 15, 2015, 6:59 PM EDT) -- Amid criticism from legislators over a $225 million settlement between New Jersey Gov. Chris Christie's administration and ExxonMobil Corp. over refinery pollution, Jack Balagia, the oil giant's general counsel, said Wednesday that no one should think the original $8.9 billion claim was more than a "high-stakes negotiating tactic."...

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