These 13 Corporations Are “Big Pharma”: Their History, Crimes, and Products

These 13 Corporations Are “Big Pharma”: Their History, Crimes, and Products

In our society, we often correlate legality with safety.  We use household products, spray pesticides, and religiously consume drugs such as ritalin, adderall, oxycontin, and prozac.
We consume all of this, but how many know who made the drugs, and where the corporations came from? Who produces the chemicals we trust on a daily basis?
These 13 corporations tend to be a blind spot in our understanding of history.
Tens of thousands of American toddlers are being prescribed Amphetamine; a result of this blind spot.
Neos Therapeutics is responsible for candy flavored children’s Amphetamine, sold as Adzenys. Shire created Adderall.
An understanding of Big Pharma is conducive to a big picture understanding of the world and power itself: it is an essential puzzle piece in understanding disease, hegemony, and health.
For instance, we have Purdue.
Purdue Pharma was created in 1892 New York. They are arguably responsible for the epidemic of opioid addiction in the United States, producing Hydrocodone, OxyContin, Fentanyl, Codeine, Hydromorphone, and Oxycodone.
Novartis is the world’s largest pharmaceutical corporation by revenue, headquartered in Basel, Switzerland, a 1996 merger between Ciba-Geigy and Sandoz.
Novartis is responsible for many drugs, from Ritalin to LSD.

Keiser Report: Crimes & Cracks of Capitalism (E500)

In this 500th episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss what the economy and financial sector look like five hundred episodes later. They find an economy where the wealth and income gap is the highest ever, median income has collapsed and the mainstream media alleges the government is ‘assaulting’ JP Morgan with all the fines for the bank’s many criminal activities. In the second half, Max interviews Professor Steve Keen about banking and leverage five years after the collapse of Lehman Brothers.

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5 Years After the Financial Crisis, The Big Banks Are Still Committing Massive Crimes

5 Years After the Financial Crisis, The Big Banks Are Still Committing Massive Crimes

Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior.

You Won’t Believe What They’ve Done …

Here are just some of the improprieties by big banks over the last century (you’ll see that many shenanigans are continuing today):

  • Engaging in mafia-style big-rigging fraud against local governments. See this, this and this
  • Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here, here, here, here, here, here, here and here
  • Pledging the same mortgage multiple times to different buyers. See this, this, this, this and this. This would be like selling your car, and collecting money from 10 different buyers for the same car
  • Committing massive fraud in an $800 trillion dollar market which effects everything from mortgages, student loans, small business loans and city financing
  • Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this, this, this, this and this
  • Engaging in unlawful “Wash Trades” to manipulate asset prices. See this, this and this
  • Participating in various Ponzi schemes. See this, this and this
  • Bribing and bullying ratings agencies to inflate ratings on their risky investments