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Yo_Mama_Been_Loggin

(108,170 posts)
Thu Oct 1, 2020, 12:10 PM Oct 2020

'Mighty whiteboard of truth': The weapon Rep. Katie Porter used to school a pharma exec

and plenty others

Rep. Katie Porter (D-Calif.) got out her marker and scrawled a figure on the whiteboard beside her: $13 million.

“Do you know what this number is?” she asked Mark Alles, the former CEO of the pharmaceutical company Celgene, as he testified remotely before the House Oversight Committee on Wednesday. “Does it ring any bells?”

Alles could hardly get his answer out before Porter scribbled more math on the board. That multimillion figure — his total compensation in 2017 — was already 200 times the average income in the United States, the congresswoman pointed out. It got even larger, she said, after Celgene needlessly tripled the cost of a cancer medication, thus securing himself hefty bonuses in return.

“Isn’t that right, Mr. Alles?” she asked him. “If you hadn’t increased the price ... you wouldn’t have gotten your bonus.”

-more-

https://www.msn.com/en-us/news/politics/mighty-whiteboard-of-truth-the-weapon-rep-katie-porter-used-to-school-a-pharma-exec-%e2%80%94-and-plenty-others/ar-BB19BuNj?li=BBnb7Kz
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'Mighty whiteboard of truth': The weapon Rep. Katie Porter used to school a pharma exec (Original Post) Yo_Mama_Been_Loggin Oct 2020 OP
Sage advice for weasels Brother Buzz Oct 2020 #1
I Love her! whathehell Oct 2020 #2
Alles was lucky to appear by teleconference gratuitous Oct 2020 #3
K&r.nt CatLady78 Oct 2020 #4

gratuitous

(82,849 posts)
3. Alles was lucky to appear by teleconference
Thu Oct 1, 2020, 12:17 PM
Oct 2020

I suspect he was pissing himself by the time Rep. Porter got done flaying him over the extra $500,000 he'd pocketed for jacking up the price on its medication.

This kind of naked greed always has me asking the question, "What did Alles need that bonus money for? Why wasn't $10 million in compensation enough? Why did he have to dick over sick people for an additional $3 million?"

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