Stay updated with breaking news from Andrew cramer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
One way to know that you have been a very bad company or at least people perceive you to have been very bad is if in reaction to that news, your stock price as a Company Actually goes up 5 because, whew, thats a relief. Everybody thought you were so bad it was possible you were going to be paying billions of dollars, like 10 billion, 15 billion, 17 billion. Everybody thought that was going to be what the judge made you pay today. Not just hundreds of millions of dollars, which is, in fact, the verdict that Johnson Johnson faced today. They will have to pay 572 million unless they are able to turn this thing around on appeal. And i swear, their stock price went up in response because people thought it was going to be so much worse than even na. That. This ruling today in oklahoma holding Johnson Johnson accountable fo ....
Confirmed secretary of defense and nobody would know. Right . It is amazing enough that the white house had been reckless enough to put somebody who was in that kind of a compromised position at the pentagon at all as acting defense secretary for six months, let alone that they nominated him to try to confirm him for that position on a permanent basis. I mean, whatever you think about the circumstances of what had happened in his family, the fact that he was trying to keep it secret . I mean, thats the danger, right . Thats the potential liability to blackmail or somebody trying to leverage that secret against him while hes running the Defense Department. It emerged after usa today and the Washington Post broke that story yesterday and Patrick Shanahan withdrew his nomination to be defense secretary. It emerged th ....