New York Times Shows How McKinsey "Guided" Major Opioid Players, Causing Even More Deaths
More on how McKinsey has gotten away with murder.
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More on how McKinsey has gotten away with murder.
It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times. Or how about the Enron bankruptcy? McKinsey was all o...
McKinsey to pay nearly $600 million in settlements over its work with opioid companies CNN 2/4/2021 By Kristina Sgueglia and Clare Duffy, CNN Business © Eric Baradat/AFP/Getty Images This illustration image shows tablets of opioid painkiller Oxycodon delivered on medical prescription McKinsey & Company, one of the world's largest consulting firms, will pay nearly $600 million in multiple settlements over its work consulting for drug companies that states say fueled the nation's opioid crisis. McKinsey reached the agreement with a coalition of 47 attorneys general, the Di...
A global consulting firm accused of helping to fuel the opioid epidemic through aggressive marketing ideas for prescription painkillers has entered into a settlement with New Jersey and 46 other states. McKinsey & Co. will pay $573 million, of which $16 million will go to New Jersey, Attorney General Gurbir Grewal announced Thursday. As part of the deal, McKinsey does not admit any wrongdoing in its dealings with the nation’s largest opioid manufacturers, including Purdue Pharma. The firm will be publicly releasing “tens of thousands of its internal documents” of consulting communicatio...