Asarco's Jaw-Dropping $1.8 Billion Settlement

After a four-year legal battle, a mining company has paid the government a record $1.79 billion to settle claims for hazardous waste pollution across 19 states, federal agencies announced Thursday. Officials said the payment on behalf of the company, the American Smelting and Refining Company, or Asarco, was the nation’s largest environmental bankruptcy settlement.