On this day: March 13

POSTED: 03:42 PM PST Mar 07, 2013    UPDATED: 11:00 PM PST Mar 12, 2016 

Uncle Sam makes his print debut, Susan B. Anthony dies, the NHL crowns its first champion, Cher's career resurgence breaks a record, and gold prices top $1,000 for the first time, all on this day.

OTD March 13 - Exxon Valdez
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U.S. Navy

1991: Exxon agrees to pay a record $100 million criminal fine and $900 million for cleanup costs for the 1989 Exxon Valdez oil spill in Alaska. The deal would eventually fall apart after a judge refused to approve the plea agreement. A new agreement would later be worked out with Exxon reimbursing state and federal cleanup efforts over the course of a decade from a $900 million fund and paying $100 million in restitution and $150 million in fines. However, $125 million of the fines were forgiven in recognition of Exxon's cooperation in cleaning up the spill and paying certain private claims. In total, Exxon has said it spent about $2.1 billion on the cleanup effort.


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