Go Back   Club Conspiracy Forums > Resources > Share the knowledge
FAQ Members List Calendar Search Today's Posts Mark Forums Read



Reply
 
Thread Tools Display Modes
  #1  
Old 11-26-2005, 11:09 AM
igwt igwt is offline
Senior Member
 
Join Date: Feb 2005
Posts: 1,391
Default Aspartame Gate: When Donald Rumsfeld was CEO of Searle


As calls for US Defense Secretary Donald Rumsfeld to resign are prompting questions from Senators, about possible breakdowns in the Pentagon chain of command leading to prisoner abuse in Iraq, Betty Martini founder of Mission Possible, an international 'Aspartame resistance' movement, writes to Senator Biden to explain that allowing torture of prisoners in Iraq may not have been the only reprehensible action Rumsfeld should answer for.

Article

Reply With Quote
  #2  
Old 11-26-2005, 01:13 PM
nomad nomad is offline
Senior Member
 
Join Date: Dec 2004
Posts: 790
Default Re: Aspartame Gate: When Donald Rumsfeld was CEO of Searle

The ONLY company on earth to have the "cure" vaccine

to the avian flu and Donald F*&^*#ing Rumsfeld

has shares in the company and was CHAIRMAN of the

company ... read it from a REALIABLE source.

http://money.cnn.com/2005/10/31/news/newsmakers/fortune_rumsfeld/

Rumsfeld's growing stake in Tamiflu
Defense Secretary, ex-chairman of flu treatment rights holder, sees portfolio value growing.
October 31, 2005: 10:55 AM EST
By Nelson D. Schwartz, Fortune senior writer



NEW YORK (Fortune) - The prospect of a bird flu outbreak may be panicking people around the globe, but it's proving to be very good news for Defense Secretary Donald Rumsfeld and other politically connected investors in Gilead Sciences, the California biotech company that owns the rights to Tamiflu, the influenza remedy that's now the most-sought after drug in the world.

Rumsfeld served as Gilead (Research)'s chairman from 1997 until he joined the Bush administration in 2001, and he still holds a Gilead stake valued at between $5 million and $25 million, according to federal financial disclosures filed by Rumsfeld.

The forms don't reveal the exact number of shares Rumsfeld owns, but in the past six months fears of a pandemic and the ensuing scramble for Tamiflu have sent Gilead's stock from $35 to $47. That's made the Pentagon chief, already one of the wealthiest members of the Bush cabinet, at least $1 million richer.

Rumsfeld isn't the only political heavyweight benefiting from demand for Tamiflu, which is manufactured and marketed by Swiss pharma giant Roche. (Gilead receives a royalty from Roche equaling about 10% of sales.) Former Secretary of State George Shultz, who is on Gilead's board, has sold more than $7 million worth of Gilead since the beginning of 2005.

Another board member is the wife of former California Gov. Pete Wilson.

"I don't know of any biotech company that's so politically well-connected," says analyst Andrew McDonald of Think Equity Partners in San Francisco.

What's more, the federal government is emerging as one of the world's biggest customers for Tamiflu. In July, the Pentagon ordered $58 million worth of the treatment for U.S. troops around the world, and Congress is considering a multi-billion dollar purchase. Roche expects 2005 sales for Tamiflu to be about $1 billion, compared with $258 million in 2004.

Rumsfeld recused himself from any decisions involving Gilead when he left Gilead and became Secretary of Defense in early 2001. And late last month, notes a senior Pentagon official, Rumsfeld went even further and had the Pentagon's general counsel issue additional instructions outlining what he could and could not be involved in if there were an avian flu pandemic and the Pentagon had to respond.

As the flu issue heated up early this year, according to the Pentagon official, Rumsfeld considered unloading his entire Gilead stake and sought the advice of the Department of Justice, the SEC and the federal Office of Government Ethics.

Those agencies didn't offer an opinion so Rumsfeld consulted a private securities lawyer, who advised him that it was safer to hold on to the stock and be quite public about his recusal rather than sell and run the risk of being accused of trading on insider information, something Rumsfeld doesn't believe he possesses. So he's keeping his shares for the time being.

--
__________________
:-o
Reply With Quote
  #3  
Old 11-26-2005, 02:40 PM
igwt igwt is offline
Senior Member
 
Join Date: Feb 2005
Posts: 1,391
Default Re: Aspartame Gate: When Donald Rumsfeld was CEO of Searle

Nomad

Convenient isn't it...
Reply With Quote
  #4  
Old 11-26-2005, 02:54 PM
nomad nomad is offline
Senior Member
 
Join Date: Dec 2004
Posts: 790
Default Re: Aspartame Gate: When Donald Rumsfeld was CEO of Searle

Quote:
igwt wrote:
Nomad

Convenient isn't it...


miraculous odds or did he sell his soul to the

devil ?
__________________
:-o
Reply With Quote
  #5  
Old 11-26-2005, 02:57 PM
igwt igwt is offline
Senior Member
 
Join Date: Feb 2005
Posts: 1,391
Default Re: Aspartame Gate: When Donald Rumsfeld was CEO of Searle

Quote:
nomad wrote:
Quote:
igwt wrote:
Nomad

Convenient isn't it...


miraculous odds or did he sell his soul to the

devil ?
Ultimate Insider 8-)
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
DONALD RUMSFELD (SUSPECTED ON CHARGES OF HIGH TREASON) CONFESSES THAT FLIGHT 93 WAS SHOT DOWN George_Bush Share the knowledge 2 09-17-2007 02:16 PM
US. Secretary of Offense Donald Rumsfeld’s Dance With the Nazis SeC Opinions 1 09-05-2006 05:49 AM
US. Secretary of Offense Donald Rumsfeld’s Dance With the Nazis SeC Opinions 0 09-05-2006 03:47 AM
Donald Rumsfeld - Busted live on TV SeC Opinions 0 04-16-2006 04:15 PM
Donald Rumsfeld making a killing on Aspartame and Bird Flu nomad General Conspiracy Discussion 6 10-25-2005 01:22 AM


All times are GMT -6. The time now is 07:41 AM.

Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.