The deal turned the big tobacco companies into a cartel and locked in their market shares.
In return, the states, in effect, were protecting the big tobacco companies from competition.
If Big Tobacco has a substantial price correction, then I might be interested again.
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Sizemore Insights readers know that I have been a Big Tobacco fan for a long time.
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Some critics would say Big Tobacco has been a latecomer to the war against smuggling.
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Big tobacco was already in headlong retreat by the time Mr Wigand made it to the screen.
It also has two powerful, probusiness U.S. senators and a new governor who once lobbied for big tobacco.
The recent legal moves against Big Tobacco have hastened the trend towards consolidation and expansion in developing markets.
As skepticism from the public crept up, Big Tobacco's power began to erode.
Rather than recognize the public health effects of large sugary drinks, they chose to fight, reminiscent of Big Tobacco.
Industry analysts are divided as to the treaty's likely effect on Big Tobacco.
It was also one of big tobacco's last victories in its long campaign to keep the media at bay.
The same is true of Reynolds American (NYSE:RAI) and Altria (NYSE:MO ), the granddaddy of all Big Tobacco stocks.
As the Big Tobacco has proven for decades, companies in declining industries can make excellent investments under the right conditions.
Mr Gore picks his targets carefully, hammering away at the evils of big oil, big tobacco and big health-care conglomerates.
On March 20th Bennett LeBow's Liggett Group broke ranks with Big Tobacco and reached a settlement with the industry's tormentors.
But behavioral change may come about very slowly worldwide, and so far plans for international expansion by Big Tobacco remain intact.
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But such lawyers have been successful against big tobacco and vocal against Microsoft (nyse: MSFT - news - people ).
History suggests that only after the first company "turns" will an industry gradually return to the realm of the human (think of big tobacco).
The White House views a fight with big tobacco as a political winner, whether or not a national settlement can be salvaged this year.
Tobacco bonds, for the uninitiated, are an offshoot of a 1998 settlement among 46 state attorneys general and four big tobacco companies--Philip Morris USA, R.
The vice president had harsh words for the big tobacco companies.
The price war is adding to the pain that America's big tobacco firms are suffering from a series of colossal lawsuits from smokers and state governments.
One reason consumers have been trying e-cigarettes is because they can be as little as half the price of traditional cigarettes sold by big tobacco companies.
The historic tobacco stock underpricing has gone into reverse this year, and Big Tobacco giants like Altria (MO) and Philip Morris (PM) are among the best performing.
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The increasing acceptance of e-cigarettes caught big tobacco companies off guard initially but they are slowly recognising that they cannot ignore the changing tastes of their consumers.
The idea is to keep money out of the hands of agribusiness, a vast ecosystem that includes Big Tobacco, dairy farms, sugar producers and food manufacturers and distributors.
Could the food industry get pinned with big tobacco-style lawsuits?
Sometimes it's blatant -- like the time current House Minority Leader John Boehner handed out checks from big tobacco companies to lawmakers on the floor of the House of Representatives.
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