Monday, March 13, 2006

Rumsfeld made a killing out of bird flu (Tamiflu/Gilead)

* "Donald Rumsfeld has made a killing out of bird flu. The US Defence Secretary has made more than $5m (£2.9m) in capital gains from selling shares in the biotechnology firm that discovered and developed Tamiflu... Mr Rumsfeld sold some of his Gilead shares in 2004 reaping - according to the financial disclosure report he is required to make each year - capital gains of more than $5m. The report showed that he still had up to $25m-worth of shares at the end of 2004, and at least one analyst believes his stake has grown well beyond that figure." (link)
the share price has tripled since that report.

* georgia10: "I know there's a lot of you that think censure isn't enough. But impeachment, though appropriate, was never a practical remedy in light of the Republican-controlled Congress. Censure though may enjoy slightly broader support among Republicans with a conscience--though I admit, Feingold will be hard-pressed to find any of those in the Senate today. The beauty of Feingold's move is that it also forces Democrats to go beyond mere rhetoric. I think it goes without saying though that there better damn well be 44 co-sponsers on Feingold's resolution. "

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