Quote:
Originally Posted by Happy Monkey
No, MBAs are worse. They're the lawyers' bosses.
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The current CEO of Merck is Kenneth C Frazier. A Poly Sci graduate (from Penn State who is also on their pedophile board) who then graduated from Harvard Law. In a company dominated by MBAs, Frazier was their choice because he was the lawyer responsible for covering up and subverting lawsuits for Vioxx. A drug that Merck knew causes heart disease and strokes.
So they made him president of their global health unit. Since as a lawyer or MBA in America, he must be smarter. He is not Merck's CEO because he knows so much about research, innovation, and things that advance mankind. After all, he even spun lies and a coverup in court so that Merck would be not guilty for harming people with Vioxx. Reality: Merck withheld information about Vioxx for over five years, resulting in between 88,000 and 140,000 cases of serious heart disease. No problem. A lawyer’s job is to lie and protect profits at the expense of human life. He will make a fine CEO - according to MBA school concepts.
When a new drug (vorapaxar) was rejected by a safety panel, Frazier said, "Scientific innovation is hard." H-h-h-a-a-r-d was also a problem for George Jr. Anything is hard when not educated in how get the work done.
Why would anyone put a lawyer as head of a drug company? Because winning lawsuits is more important than developing new drugs and advancing mankind?
Welcome to why so many American jobs must be shipped overseas. Then the Tea Party blames liberals, illegal immigrants, evil foreigners, and Obama. Rather than CEOs so corrupt as to say, "the purpose of a business is profits".