COVID-19: As lab execs sell shares worth millions, questions arise

By Juliette MICHEL

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2020 AFP

©2022 GPlusMedia Inc.

Login to comment

This is something of a surprise. Not that it is allegedly happening, but that the mainstream media - if only a tiny corner of it - is questioning the behaviour of Big Pharma execs who otherwise seem to be getting a free ride right now. Big Pharma as a collective has been portrayed as something of a hero in this internationally exaggerated crisis.

Will these execs get investigated and punished if found to have broken the law if Biden does become president? I somehow doubt it, and the same would probably be true if Trump remains in office.

-4 ( +3 / -7 )

As I thought. The vaccine is all about the money. If one is confident about their product one would naturally want to make more. What’s the hurry? Fear of unforeseen consequences? I may die but I don’t now see myself getting vaccinated.

-5 ( +3 / -8 )

talaraedokkoToday  10:42 am JST

As I thought. The vaccine is all about the money. If one is confident about their product one would naturally want to make more. What’s the hurry? Fear of unforeseen consequences? I may die but I don’t now see myself getting vaccinated.

It's partly about the money, but the vaccine is only a piece in the puzzle - a means to an end, if you like. The bigger picture is about control. The pharmaceutical industry in this for the money, which is reasonable and it's natural they would want to maximise value for their shareholders. I won't begrudge them of that, but it's worth investigating potential insider trading where suspicions arise.

This bigger issue is the Great Reset. Although the WEF has been promoting it for months, people bringing it up get dismissed as conspiracy theorists. But it's no great secret - it's out in the open although couched in ambiguous language on the WEF's own website.

But a couple of days ago Justin Trudeau really let the cat out of the bag when he said that the COVID-19 pandemic is a great opportunity to centralise power through restricting movement and association ostensibly in the name of protecting out security and the environment. Get the vaccine, and we'll give you certain privileges, you lucky little sausages! But misbehave and you're toast! Think of it as another version of China's social credit system.

Hear it in his own words (video is in the linked page)

-5 ( +3 / -8 )

I am pleasantly surprised by the earlier comments in that I am not so alone in thinking that the 'powers-that-be' did not get there (nor consolidating their status) by virtue of merit, following the letter of the law, or just fortuitous happenstance.

There may well indeed be a virus going around. Just two days ago, Kanagawa-ken (where I live) has now declared the prefecture as being in an official public health crisis. But with the local hospital's gracious 'thanks, but no thanks' response to my offer as a volunteer to help non-Japanese speaking patients ... I can't help but to raise a suspicion about the gap between the rising fear being stoked by mass media, and actual public health needs.

I am now about half-way through Michael Sandel's latest book 'The Tyranny of Merit: What Has Become of the Common Good', and am seeing a careful documentation of what Pulitzer Prize winning journalist Chris Hedges has also been saying for some time now. Reading between the lines:

The less violent levers of power in this era are:

1 - law, in the U.S., crafted by corporate lawyers, pushed by lobbyists, and rammed through rubber-stamp politicians ... but here in Japan, more often crafted by and pushed by those dominating party politics.

2 - the manufacturing of consent through, public education, corporate owned mass media, or the hidden algorithms of social media ... and in Japan, perhaps a bit more of the 'Invented Traditions' model of propaganda (Stephen Vlastos). And ...

3 - As the public influence of traditional, institutionalized religions have become neutered by their own corruption, the fetishization of STEM fields (math and science) have risen to take their place. With the arcane language of specialized science and statistical models, even the most fervently secular members of the public are usually not scientifically literate enough to identify 'questionable' studies and the perverse incentives behind them. But just following the money, researchers have got to pay the rent too, and they and their bosses depend on unquestioned faith in proclamations of institutionally sanctioned science and academia, rather than science as an ongoing, necessarily messy and incomplete process of problem solving. Remember when 9 out of 10 doctors recommended the smooth taste of Camels?

Like the fable of the scorpion and the frog, those who have built the system, are by nature, driven to game that system to their own advantage, and the above article is about as clear a vision of what may be going on behind the curtain as corporate media will allow the public to see. Let's just see how long it stays up in the public record before being replace with a 'The requested article has expired'. I dare say that 'bread and circuses' baseball scores or interviews with Brad Pitt from 10 years ago will have a longer shelf life.

Special kudos to kyronstavic for that link.

Because the historical narrative seems to be highly selective as to what is, and remains 'newsworthy', I'll be copy-pasting this article and comments, as well as that link into my growing data-base ... for all the good that will do, or not.

-2 ( +4 / -6 )

Well said, Steve. I don't think enough people get a handle of human nature. As civilised as our Western liberal democratic society is, there's still plenty of scope for power-hungry sociopaths to rise to the top - they just don't quite reach the levels of autocracy enjoyed by the likes of Xi Jinping, Putin and the rest.

In the case mentioned in this article, these execs probably think they're above the law so see no issue in breaking the rules for personal advantage and expect no punishment for it. It's not so much that they're immoral, it's that they're amoral.

-3 ( +3 / -6 )


Both announcements [Moderna's and Pfizer's] came in the form of press releases — with neither company providing the actual data behind their claims. Though efficacy rates in the ninetieth percentile were enough to make Wall Street and most media outlets swoon, at least one publication, STAT, pointed out what the companies themselves didn’t: Both trials are ongoing, and as they continue, efficacy rates could decline, as “it’s often the case that a vaccine performs less well in the real world than it does in the setting of a clinical trial.”

STAT also noted that neither company can yet say how long the vaccine, which in both cases is administered in two doses, will provide protection as that “can only be determined over time as large numbers of people are vaccinated.“

Both drugmakers said they will seek Emergency Use Authorization from the U.S. Food and Drug Administration (FDA) for their experimental vaccines as soon as they meet the criteria. The authorization, which allows vaccine makers to skip standard mandatory safety and compliance inspection of their vaccine manufacturing facilities, is a winner-takes-all-prize awarded exclusively to the first COVID vaccine approved by the FDA.

So they are desperate to be first. How honest are they? Have they perhaps deliberately withheld important information and data, just to reap greater rewards from the stock market that has responded to their press releases.

-3 ( +3 / -6 )

There is nothing like a disaster or pandemic to bring out the very basic human instincts. Greed and the need to exploit. Is it any wonder nature could have decided humanity need a kick up the backside.

3 ( +4 / -1 )

Why not? If I had shares of Moderna, I would not have cared care about people's opinion on how appropriate the selling off was. When you own 'stonks', metals or crypto, it is all about making money, ethical issues don't matter.

-7 ( +0 / -7 )

Questions arise? No, answers become clearer. Cashing in, before the lies are widely recognized. That stupid talking about so many successful vaccine developments and a very soon return to normality is only fake or hope spreading to keep the masses optimistic and willing at their daily exploitation points. The only thing that works against that biohazard is a strict and well planned and exemptionless lockdown for about seventy days and nothing else. That’s the known maximum time span those corona viruses can survive undetected. So consider to add another two- or threefold sigma to assure the success, if you ever go that path that I personally recommend to get rid of that problem catalog.

-5 ( +1 / -6 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites