Thursday, November 17, 2011

John Kerry’s Timely Drug Co Investments Draw Scrutiny

3 Articles (one video)
[From article}
"The Kerrys’ investment funds bulked up on:
1. More than $500,000 of Johnson & Johnson
2. As much as $1 million of Pfizer
3. At least $200,000 in Oxford Health Plans
4. Between $500,000 and $1 million in United Health Group
5. At least $100,000 of Cardinal Health
6. At least $240,000 of Merck
The result: after the bill was signed into law in 2004, some of the Kerrys’ investments were sold, which netted between $100,000 and $1 million from Oxford Health Plans, plus tens of thousands from Pfizer, Johnson & Johnson, and Cardinal Health."

EXCLUSIVE DOCUMENTS: The Kerrys’ Curious Stock Trades
by Wynton Hall
November 18, 2011

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[From article]
“The fact that it took a Tallahassee-based policy wonk working with a team of college student researchers to uncover the ‘honest graft’ by Democrats and Republicans and publish it all in a book like Throw Them All Out is, I think, a little depressing,” he says. “The media play an important role in vetting our leaders. When they fail to do so, it hurts us all, regardless of our political views.”

Media Buys False ‘Blind Trust’ Excuse for Suspicious Kerry Stock Trades
Posted by Wynton Hall
Nov 18th 2011 at 1:48 pm

John Kerry denied any allegations of insider trading and said that Schweizer was trying to "smear [his] name." According to this report US Senator John Forbes Kerry and his wife's "blind" trusts are controlled by relatives. Kerry says he does not not buy and sell stocks. He does not deny that he shares information with his relatives who control the trusts.

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