• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    Sweet Sue on Trump visits Walter Reed
    Ivory Bill Woodpecke… on Trump visits Walter Reed
    Ivory Bill Woodpecke… on Trump visits Walter Reed
    Ivory Bill Woodpecke… on Trump visits Walter Reed
    William on Trump visits Walter Reed
    William on Trump visits Walter Reed
    Catscatscats on Trump visits Walter Reed
    William on Trump visits Walter Reed
    bellecat on Trump visits Walter Reed
    Propertius on Trump visits Walter Reed
    riverdaughter on Trump visits Walter Reed
    Ga6thDem on Trump visits Walter Reed
    Ivory Bill Woodpecke… on Standing O
    Ivory Bill Woodpecke… on Trump visits Walter Reed
    riverdaughter on Trump visits Walter Reed
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama Bernie Sanders big pharma Bill Clinton cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donald Trump Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean John Edwards John McCain Jon Corzine Karl Rove Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare OccupyWallStreet occupy wall street Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans research Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    July 2013
    S M T W T F S
    « Jun   Aug »
     123456
    78910111213
    14151617181920
    21222324252627
    28293031  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

    • No exit
      The House impeachment inquiry continues this morning with additional witnesses to the Fall of the House of Trump. “Fall” here may not mean Trump’s removal from office, nor “House of Trump” his family, but the party he has put under his boot heel. History will be kind to neither. NBCNews foreign correspondent Richard Engel suggests … Continue reading No exit […]
  • RSS Ian Welsh

    • How to Fix Fake News
      The reason fake news exists is not complicated. The majority of journalists don’t follow a professional ethical code. It’s not that they don’t have an ethical code. It’s that they – or more likely their paymasters — don’t want to be held accountable for breaking it. Four basic elements comprise the Society of Professional Journalism’s […]
  • Top Posts

What’s wrong with these people, er, this picture?

Screen Shot 2013-07-19 at 7.18.27 AM

Oo! Oo!  I know how to fix this!  Maybe we can take the fines from the banks like Chase, who now consider fines just protection money they have to pay so they can keep doing what they want, and use it to make Detroit solvent.  Or would we hear whining from Wall Street that it is unfaaaaair to redistribute our country’s tax dollars to the unworthy?

Assholes

****************************************

In another story of bad deed doing, Glaxo Smith Kline (GSK) is creating an international incident in China where it has been accused of bribing government officials and doctors with about $500 million in order to raise the price of their prescription drugs.  Note that it was probably the testosterone and amphetamine soaked sales department that came up with this brilliant idea.  Now, China is forbidding GSK’s finance director from leaving the country.  What a splendid idea!  Maybe we should send all of our misbehaving finance directors to China.  Derek Lowe has more on the story.

If I recall correctly, the GSK research site in Shanghai was also accused of some falsification of data that lead to publications being pulled from Nature.  Hey, the management in China wanted to show it could get publications in Nature so it did- by lying.  For a brief time there, the Shanghai site was probably held up as a model of research brilliance by the executive class to all of the other global, loser “centers of excellence” at GSK.  That ought to give the King of Prussia, PA site a nice warm and fuzzy feeling.  We shouldn’t be surprised by the China syndrome.  One of my Chinese colleagues told me that China wasn’t like the US in terms of business infrastructure and relatively low levels of corruption but that only time would prove to the executive class that China wasn’t ready for a world class research industry.

It’s also GSK that proposed to pay their scientists million dollar bonuses if a drug candidate goes blockbuster.  Read Derek Lowe’s post on the topic for a run down of why this is a phenomenally bad idea.

GSK, this week’s poster child.