Pfizer: The Drug Giant That Makes Bank from Drugs That Can Kill You

(AlterNet) – To say that Pfizer has been accused of wrongdoing is like saying BP had an oil spill.

The drug company Pfizer is best known for Lipitor, a drug that brings cholesterol down and Viagra, a drug that brings other things up.

But the “world’s largest research-based pharmaceutical company” which sits between Goldman Sachs and Marathon Oil on the Fortune 500, is also closely associated with a seemingly never-ending series of scandals. Read More Here

Just 16 Ships Expel as Much Pollution as All the Cars in the World

(NaturalNews) – Large shipping vessels have become commonplace in today’s global marketplace as goods are imported and exported across the world. While the high levels of pollution they create are something that most people don’t think too much about, some scientists are beginning to evaluate their environmental effect. One of the most disturbing facts discovered about these giant ships is that a mere 16 of them emit as much sulfur as do all the cars in the world combined. Continue reading

Bailed out insurance giant AIG plans $198 million in new bonuses

American International Group, which has received nearly $200 billion in bailout funds from the federal government, is slated to pay 400 employees in its financial products division another $198 million, according to a report published Wednesday by the Neil Barofsky, the special inspector general for the Troubled Asset Relief Program (TARP). Continue reading

MSM: £14billion: That’s the record amount Goldman Sachs staff will get in pay and bonuses

(DailyMail) – City bank Goldman Sachs is expected to confirm tomorrow that bonuses will smash all records in 2009, just a year after the Government rescued the financial system from oblivion. Continue reading

MSM: Swine flu vaccine supplier has to pay back millions

(Guardian) – US pharmaceutical giant Baxter accused of overcharging Medicaid programmes Continue reading

We Can’t Break Up the Giant Banks, Can We? Yes We Can!

In response, defenders of the too-big-to-fails make one or more of the following arguments:
(1) The government does not have the authority to break up the big boys
(2) To break up the banks, the government would have to nationalize them, which would be socialism

Continue reading

Is the Bank of Montreal (Canada’s 4th Largest Bank) About to Crash?

Dan Amos – who called the crash of Lehman and other giants beforehand – says that a major bank is lying about its ability to pay shareholder dividends, has been gaming its books, and is about to crash. Continue reading

Do We Really NEED The Giant Banks?

Bernanke, Summers and Geithner say that we can’t let the giant banks fail, because – without them – the economy will be starved of credit and we will be plunged into a depression.

This isn’t true. Continue reading

MSM: Earthquake could unleash devastating tsunami along west coast of America, scientists warn

(Dailymail) – A future earthquake off Alaska could create giant killer waves that would strike ports and cities as far south as Los Angeles, British scientists warned today. Continue reading