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16/11/1998 States reach a $206 billion settlement

3:01

A Decade of Broken Promises: The 1998 State Tobacco Settlement Ten Years Later

7:06

Tobacco Settlement Money Being Burned on Unintended Uses

10:43

President Clinton's Remarks on the Tobacco Settlement (1998)

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A Decade of Broken Promises: The 1998 State Tobacco Settlement Ten Years Later

7:06

Tobacco Settlement Money Being Burned on Unintended Uses

The settlement occurred between the 4 largest U.S. tobacco companies and the attorneys general of 46 states. The companies agreed to reduce some tobacco marketing practices and to pay diverse annual payments to the states to compensate them for some of the costs of caring for persons with smoking-related illnesses.
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    • Essentials 

    • History of adoption 

    • Summary of terms 

    • Criticism 

    • Securitization 

    • Individual state settlements