Bear with me a moment, and don't be afraid to do a LITTLE math:
Most of us - I think - are aware that Kenny Frazier made his bones as the point man in Merck's VIOXX settlement. It wouldn't be disingenuous to say that the VIOXX settlement led to Kenny being named as Merck's CEO.
For those who are not aware of all the details:
...
VIOXX killed thousands of people. The LOWEST estimate on deaths caused by VIOXX was 27,000 (the FDA estimate) (http://www.consumeraffairs.com/news04/vioxx_estimates.html.) Other estimates were as high as 100,000+.
Merck KNEW that their drug was dangerous, but the drug was such a profit maker they hid the testing results. (http://www.naturalnews.com/027582_Merck_Vioxx.html)
The VIOXX settlement that elevated Kenny to the CEO spot at Merck was for $4.85 Billion (http://www.cbsnews.com/…/merck-to-fund-485b-vioxx-settleme…/).
Let's do the math:
$4.85 Billion / 27,000 = $180,000 per DEATH
_________________________________________
As we all know, Kenny was the point man in PSU's "rush to accept responsibility" for the Sandusky victims. Individuals claiming to be victims of Sandusky - even though PSU had, at the absolute most, VERY tangential liability, and even to "victims" who had not been vetted in any significant way - were handed payouts of approximately $3,000,000 each.
SEVENTEEN times as much as the payouts for DEATHS caused by VIOXX (which was a drug that Merck KNEW killed people, but they put it out there anyway in order to rake in big profits)
Tell me....does that add up?
Why would this very same "man" (I use that term very loosely....and only in the - I think - biological sense) rush to hand out $3,000,000 to potential victims of child abuse who had AT BEST a very tangential claim of liability wrt Penn State.....after making his bones by heading up a settlement that resulted in payouts of under $180,000 per victim for KILLING folks in a clear case of liability, by a firm that disregarded their safety in a quest for profits?
Kenny would probably wave his hands....and tell us that we (unsophisticated rubes) "Don't know how the system works". Uh....Kenny.....WE DO KNOW HOW YOUR SYSTEM WORKS.
What was it that drove Kenny and the Scoundrels to such an incredible decision? What is it that they are so desperate to hide?
BTW.....at the time of the "Sandusky Victim Payouts", Merck was in final negotiations with the Commonwealth of PA - and Governor Tom Corbett - on the approval of the VIOXX settlements with the state (Each state had to approve the VIOXX settlement in order for it to become official. If Merck - Kenny - did not get approval from the state - Tom Corbett, each case could move forward through the legal system, with the potential for much higher settlement costs for Merck)
Most of us - I think - are aware that Kenny Frazier made his bones as the point man in Merck's VIOXX settlement. It wouldn't be disingenuous to say that the VIOXX settlement led to Kenny being named as Merck's CEO.
For those who are not aware of all the details:
...
VIOXX killed thousands of people. The LOWEST estimate on deaths caused by VIOXX was 27,000 (the FDA estimate) (http://www.consumeraffairs.com/news04/vioxx_estimates.html.) Other estimates were as high as 100,000+.
Merck KNEW that their drug was dangerous, but the drug was such a profit maker they hid the testing results. (http://www.naturalnews.com/027582_Merck_Vioxx.html)
The VIOXX settlement that elevated Kenny to the CEO spot at Merck was for $4.85 Billion (http://www.cbsnews.com/…/merck-to-fund-485b-vioxx-settleme…/).
Let's do the math:
$4.85 Billion / 27,000 = $180,000 per DEATH
_________________________________________
As we all know, Kenny was the point man in PSU's "rush to accept responsibility" for the Sandusky victims. Individuals claiming to be victims of Sandusky - even though PSU had, at the absolute most, VERY tangential liability, and even to "victims" who had not been vetted in any significant way - were handed payouts of approximately $3,000,000 each.
SEVENTEEN times as much as the payouts for DEATHS caused by VIOXX (which was a drug that Merck KNEW killed people, but they put it out there anyway in order to rake in big profits)
Tell me....does that add up?
Why would this very same "man" (I use that term very loosely....and only in the - I think - biological sense) rush to hand out $3,000,000 to potential victims of child abuse who had AT BEST a very tangential claim of liability wrt Penn State.....after making his bones by heading up a settlement that resulted in payouts of under $180,000 per victim for KILLING folks in a clear case of liability, by a firm that disregarded their safety in a quest for profits?
Kenny would probably wave his hands....and tell us that we (unsophisticated rubes) "Don't know how the system works". Uh....Kenny.....WE DO KNOW HOW YOUR SYSTEM WORKS.
What was it that drove Kenny and the Scoundrels to such an incredible decision? What is it that they are so desperate to hide?
BTW.....at the time of the "Sandusky Victim Payouts", Merck was in final negotiations with the Commonwealth of PA - and Governor Tom Corbett - on the approval of the VIOXX settlements with the state (Each state had to approve the VIOXX settlement in order for it to become official. If Merck - Kenny - did not get approval from the state - Tom Corbett, each case could move forward through the legal system, with the potential for much higher settlement costs for Merck)
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