Sunday, November 13, 2011

Big Pharma

http://en.wikipedia.org/wiki/Mitch_Daniels
Excerpts:
1) Mitchell Elias "Mitch" Daniels, Jr. (born April 7, 1949) is the 49th and current Governor of the U.S. state of Indiana. A Republican, he began his first four-year term as governor on January 10, 2005, and was elected to his second term by an 18-point margin on November 4, 2008. Previously, he was the Director of the U.S. Office of Management and Budget under George W. Bush. He was formerly Senior Vice President of Eli Lilly and Company, Indiana's largest corporation, where he was in charge of the corporation's business strategy. He is cited as a rising star in the Republican Party, and was widely speculated[1][2][3] to be a candidate for President of the United States in 2012 before choosing not to run.[4]

2) Eli Lilly
In 1990, Daniels left the Hudson Institute to accept a position at Eli Lilly and Company, the largest corporation headquartered in Indiana at that time.[18] He was first promoted to President of North American Operations (1993–97) and then to Senior Vice President for Corporate Strategy and Policy (1997–2001).[6][7][15] During his time at Lilly, Daniels managed a successful strategy to deflect attacks on Lilly's Prozac product by a public relations campaign against the drug being waged by the Church of Scientology. In one interview in 1992, Daniels said of the organization that "it is no church," and that people on Prozac were less likely to become victims of the Church. The Church responded by suing Daniels in a libel suit for $20 million. A judge dismissed the case.[19]
Eli Lilly experienced dramatic growth during Daniels' tenure at the company. Prozac sales made up 30–40% of Lilly's income during the mid to late 1990s, and Lilly doubled its assets to $12.8 billion and doubled its revenue to $10 billion during the same period. When Daniels later became Governor of Indiana, he drew heavily on his former Lilly colleagues to serve as advisers and agency mangers.[20]
During the same period, Daniels also served on the board of directors of the Indianapolis Power & Light (IPL). He resigned from the IPL Board in 2001 to join the federal government, and sold his IPL stock for $1.45 million. Later that year the value declined when Virginia-based AES Corporation bought IPL.[6] The Indiana Securities Division subsequently investigated the sale and found no wrongdoing, but opponents brought up the sale and questioned it during his later election campaign.[19]

http://www.sourcewatch.org/index.php?title=Indiana_and_coal
Excerpt:

October 2008: Gov. Daniels and proposed Edwardsport plant


John Blair proclaims No New Coal at Indiana Statehouse
On October 28, 2008, three citizen and environmental groups filed a request for public record disclosure to obtain records detailing Governor Daniels' actions in promoting Duke Energy's proposed Edwardsport power plant. The Hoosier Chapter of the Sierra Club, Citizens Action Coalition, and Valley Watch are seeking to determine whether the Daniels administration and the Indiana Utility Regulatory Commission (IURC) violated ratepayer protections in an effort to fasttrack the new plant. The citizen groups want to reveal the level of financial support received from Duke Energy in support of the Governor's energy summit, which was held in Indianapolis two months before the election. The groups are also looking for any evidence of improper communications between Duke and the IURC.[6]

http://www.sourcewatch.org/index.php?title=Indiana_Gasification
Excerpts:
1) Indiana Gasification LLC is a subsidiary of Leucadia National Corporation, a holding company that, through its subsidiaries, engages in mining & drilling services, telecommunications, healthcare services, manufacturing, banking and lending, real estate, and winery, among other businesses, including joint ventures with
Berkshire Hathaway.[1] 
Excerpt:
Berkshire Hathaway is Warren Buffett's company. Berkshire Hathaway owns a wide range of subsidiary companies, including Fruit of the Loom (T-shirt and underwear manufacturer), Geico automobile insurance, See's Candies, Johns Mansville and The Pampered Chef.[1]


2)  On December 16, 2010, Indiana Governor Mitch Daniels made the announcement that the Indiana Finance Authority (IFA) Board had voted unanimously to approve the $2.65 billion project in Spencer County. According to the agreement, IFA will enter into a 30-year contract with Indiana Gasification, LLC, a subsidiary of Leucadia National Corporation, to purchase 38 million MMBtus (approximately 17 percent of the total used by non-industrial customers in the state) of substitute natural gas when SNG production begins in late 2015. Indiana coal will be used to produce the SNG, as well as other byproducts - sulfuric acid, argon, other rare gases, and vitreous slag for building roads. The IFA has completed its negotiations and will file a petition to the Indiana Utility Regulatory Commission (IURC) for approval of the agreements related to this project. Indiana Gasification is in the final stages of negotiating its loan guarantee with the U.S. Department of Energy. Depending on the completion of the IURC process and the environmental impact study, construction is set to commence in early 2012.[6]

http://en.wikipedia.org/wiki/Kevin_Helliker
Excerpt:
Helliker has served as a WSJ bureau chief in Chicago and Dallas, an editor in New York and a writer in London.
Helliker is a graduate of the Department of English at the University of Kansas. He remains a passionate Jayhawks basketball fan. He is married to Devon Spurgeon, a spokeswoman for Citadel Investment Group Inc.


http://en.wikipedia.org/wiki/Citadel_LLC
Excerpt:
Investments
Citadel also has multiple subsidiaries such as Kensington Global Strategies (Citadel's largest fund[30]), Wellington Partners[31] (Citadel's oldest fund and its flagship fund[32]), Citadel Equity Fund,[33] Citadel Finance [3], and Citadel Derivatives Group, which controls 10% of the Philadelphia Stock Exchange [4]. In 2000, Citadel's Wellington affiliate achieved a 52.6% return [5]. Since January 2005, Citadel Derivatives Group has been a Lead Market Maker on the trading floor of the Pacific Coast Exchange [6]. In a strategic partnership with about ten other financial institutions, Citadel Derivatives Group is also a joint owner of the International Securities Exchange [7].
In 2006, Citadel and JPMorgan Chase acquired the energy portfolio of the failed hedge fund Amaranth Advisors, which had suffered a 65% ($6 billion) loss in assets [8] [9].
In 2007, Citadel acquired a sizable stake in online brokerage E*TRADE [10]. A Bloomberg News story on 5 September 2008 reported that Joe Russell, a Citadel senior managing director who led the negotiations to acquire E*Trade left after his division suffered losses on the year. Citadel acquisition of E*Trade was announced when its shares were trading at $4.82.

http://en.wikipedia.org/wiki/E-Trade
Excerpt:
Divestiture of subprime portfolio

E-Trade Financial Center, San Francisco
On November 29, 2007, E-Trade announced a deal with the Citadel LLC in which Citadel purchased E-Trade's securitized subprime mortgage investments for $800 million, cash. The transaction removed the assets with the greatest market risk from E-Trade's consolidated balance sheet — their $3 billion asset-backed securities (ABS) portfolio, including its ABS collateralized debt obligations (CDOs) and second lien securities. This resulted in a net $2.2 billion reduction in assets on their balance sheet. In addition to that divestiture, under the terms of the deal E-Trade received $1.6 billion of capital in exchange for 12.5% senior unsecured notes and 84,687,686 shares common stock (equal to 19.99% of the then currently outstanding shares). Citadel received a seat on E-Trade Financial's Board of Directors. Mitch Caplan resigned as CEO on the same day that the deal was announced.

http://en.wikipedia.org/wiki/CCHR
Excerpts:
 1)Since then, the group has organized media campaigns against various psychiatrists, psychiatric organizations and pharmaceutical companies, including Eli Lilly, the manufacturer of Prozac. One campaign is said to have caused a major fall in sales of Prozac, causing considerable commercial damage to the company.[12]
The group campaigned against the use of Ritalin for the treatment of attention-deficit hyperactivity disorder, a disorder which the organization dismisses as nonexistent.[13][14][15] The campaign was part of the Ritalin class action lawsuits against Novartis (the manufacturer of Ritalin), CHADD, and the American Psychiatric Association (APA); all five lawsuits were dismissed in 2002.[citation needed]
In 2003, the CCHR presented a report with the title "The Silent Death of America's Children" to the New Freedom Commission on Mental Health, with case histories of several dozen under-aged psychiatric patients who had died as a result of psychotropic drug treatment and restraint measures in the 1990s and early 2000s.[16]

2) The Marketing of Madness: Are We All Insane?
The Marketing of Madness is a documentary that purports to show a hidden, unscientific, profit driven side to the mental health and psychiatry industry. The film begins to err early on. The first interview is with Claudia Keyworth, who has studied Bio-Energetic medicine, and believes that healing is best accomplished using the "energy field of the human body"[38]. On the topic of mental illness, she asserts: "they say you have a chemical imbalance of serotonin and dopamine, but there's never been a study to prove that, ever." This is quite false; a great deal of research suggests that such chemical imbalances play a role in various mental disorders (see also Biology of depression, and Causes of mental disorders)[39][40][41][42].
The film claims that psychiatrists have convinced the public that normal, negative human experiences are mental illnesses. A case in point, the narrator asserts that psychiatrists seek to label typical shyness as a "social anxiety disorder". This case, however, is currently disputed by mainstream medicine, in which Social anxiety itself is accepted as coming in varying degrees, and often at relatively low levels (i.e. typical shyness). One is diagnosed with a social anxiety disorder only at more debilitating levels, where there is an "intense fear in social situations"[43]. In other words, unlike a shy individual, a person diagnosed with social anxiety disorder is likely to suffer from any number of symptoms such as nausea, stammering, panic attacks and more.


The Marketing of Madness: The Truth About Psychotropic Drugs-Full Length Documentary  (2:57:10)
http://www.youtube.com/watch?v=fduMpYhv1_M

http://www.huffingtonpost.com/2009/01/05/tom-cruise-scientology-he_n_155189.html
Excerpt:

Tom Cruise: Scientology Helped Me Overcome Dyslexia

| 01/ 5/09 07:17 AM | AP


MADRID, Spain — Actor Tom Cruise said Scientology teachings helped him overcome childhood dyslexia, a Spanish magazine reported. Cruise was quoted by Spanish magazine XL Semanal as saying he was diagnosed with the learning disability when he was 7 years old. Cruise said he was often anxious, frustrated and bored as a youth and couldn't concentrate in class, the magazine reported on its Web site Sunday. The magazine quoted Cruise as saying he was functionally illiterate when he graduated from school in 1980, but learned to read perfectly as an adult through Scientology technology. XL Semanal said the interview was conducted in Los Angeles, but did not say when. A transcript of Cruise's original comments in English was not available. The Church of Scientology was established in 1945 by science-fiction writer L. Ron Hubbard, and claims 10 million members around the world. Cruise and fellow actor John Travolta among its more famed followers.


 
Presley Charitable Foundation
Presley Place
CCHR
LEAP


CCHR Gallery
The Citizens Commission on Human Rights (CCHR) is dedicated to exposing and eradicating criminal acts and human rights abuses within psychiatry. The sister organization, Fight For Kids educates parents worldwide on the facts about today's widespread practice of labeling children mentally ill and drugging them with heavy, mind-altering, psychiatric drugs.
On September 26, 2002, Lisa Marie Presley, International Spokesperson for Children's Rights, testified before a Congressional Hearing.

Read a transcript of her testimony
Lisa Marie has said, "The Psychiatric labeling & drugging of children has become too widespread. Normal childhood behavior is being diagnosed as a disorder and psychiatrists are automatically putting these kids on various psychotropic medications such as Ritalin. Kids are lining up in school to receive their pills. There are other solutions to these so-called disorders.
"It is insane and has got to stop!"
 
 
Presley Charitable Foundation
Presley Place
CCHR
LEAP


CCHR Gallery
The Citizens Commission on Human Rights (CCHR) is dedicated to exposing and eradicating criminal acts and human rights abuses within psychiatry. The sister organization, Fight For Kids educates parents worldwide on the facts about today's widespread practice of labeling children mentally ill and drugging them with heavy, mind-altering, psychiatric drugs.
On September 26, 2002, Lisa Marie Presley, International Spokesperson for Children's Rights, testified before a Congressional Hearing.

Read a transcript of her testimony
Lisa Marie has said, "The Psychiatric labeling & drugging of children has become too widespread. Normal childhood behavior is being diagnosed as a disorder and psychiatrists are automatically putting these kids on various psychotropic medications such as Ritalin. Kids are lining up in school to receive their pills. There are other solutions to these so-called disorders.
"It is insane and has got to stop!"
 

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