Federal prosecutors in Boston are investigating possible criminal charges against Schering-Plough, Johnson and Johnson, Wyeth and Bristol-Myers Squibb for sending unsolicited checks to doctors for $10,000 to over $100,000 for consulting, which really were for prescribing their medicines. Doctors, who demonstrated disloyalty by testing other company’s drugs, or even talking favorably about them, risked being barred from the money stream. The checks are payoffs. Patients are being subscribed drugs they do not need or that cheaper substitutes are available for. Last month Pfizer paid a $430 million fine and pleaded guilty to criminal charges. Astra-Zeneca paid $355 million last year and TAP Pharmaceuticals paid $875 million in 2001. As you can see just like in the banking, investment banking and stock brokerage industry these people defraud and steal millions and billions of dollars and no one goes to jail. There are two sets of rules, one for the elitists and one for us.
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