Donald Rumsfeld and the Tamiflu scam
 

Donald Rumsfeld has made a killing out of bird flu. The US Defence Secretary has made more than $5m in capital gains from selling shares in the biotechnology firm that discovered and developed Tamiflu, the drug being bought in massive amounts by Governments to treat a possible human pandemic of the disease.

More than 60 countries have so far ordered large stocks of the antiviral medication - the only oral medicine believed to be effective against the deadly H5N1 strain of the disease - to try to protect their people. The United Nations estimates that a pandemic could kill 150 million people worldwide.

Britain is about halfway through receiving an order of 14.6 million courses of the drug, which the Government hopes will avert some of the 700,000 deaths that might be expected. Tamiflu does not cure the disease, but if taken soon after symptoms appear it can reduce its severity.

The drug was developed by a Californian biotech company, Gilead Sciences. It is now made and sold by the giant chemical company Roche, which pays it a royalty on every tablet sold, currently about a fifth of its price.

Mr Rumsfeld was on the board of Gilead from 1988 to 2001, and was its chairman from 1997. He then left to join the Bush administration, but retained a huge shareholding .

The firm made a loss in 2003, the year before concern about bird flu started. Then revenues from Tamiflu almost quadrupled, to $44.6m, helping put the company well into the black. Sales almost quadrupled again, to $161.6m last year. During this time the share price trebled.

Mr Rumsfeld sold some of his Gilead shares in 2004 reaping - according to the financial disclosure report he is required to make each year - capital gains of more than $5m. The report showed that he still had up to $25m-worth of shares at the end of 2004, and at least one analyst believes his stake has grown well beyond that figure, as the share price has soared. Further details are not likely to become known, however, until Mr Rumsfeld makes his next disclosure in May.
The 2005 report showed that, in all, he owned shares worth up to $95.9m, from which he got an income of up to $13m, owned land worth up to $17m, and made $1m from renting it out.

He also had illiquid investments worth up to $8.1m, including in partnerships investing in biotechnology, issuing reproductions of paintings, and operating art galleries in New Mexico and Wyoming. He also has life insurance with a surrender value of up to $5m, and received up to $1m from the DHR Foundation, in which he has assets worth up to $25m, and $773,743 from the Donald H Rumsfeld Trust, in which he has assets of up to $50m.

Late last week no one at Gilead Sciences was available to comment on Mr Rumsfeld?s sale of its stock. In a statement to The Independent on Sunday the Pentagon said: ?Secretary Rumsfeld has no relationship with Gilead Sciences, Inc beyond his investments in the company. When he became Secretary of Defence in January 2001, divestiture of his investment in Gilead was not required by the Senate Armed Services Committee, the Office of Government Ethics or the Department of Defence Standards of Conduct Office.

?Upon taking office, he recused himself from participating in any particular matter when the matter would directly and predictably affect his financial interest in Gilead Sciences.? -Geoffrey Lean and Jonathan Owen

Good for him.

Tamiflu is a waste

He's a dirty bag. He makes much more off the war effort.

he's not bunking with me in hell..that asshole can get his own room

Shouldnt you be getting consuling for your near death experience? Guess it so overwhelmed you, you forgot to include a link to your steaming pile of dung article. :winkwink:

When do YOU ever post links to your propaganda ....???

But anyway, is a CNN link good enough for you ? I'll see if I can find a FauxNews one ...

http://money.cnn.com/2005/10/31/news...tune_rumsfeld/

So um... What's the problem? If you work for the government or the military you're not allowed to invest in pharmaceutical companies? Is he allowed to buy Google stock without making the news?

the problem is the white house pointing to one company (that rummy was formerly part of) to push a drug that may or may not work in case of a pandemic that is nothing more then a scare tactic. H5N1 is not as much of a threat as the media/government makes it out to be and to top that off, Tamiflu isn't proven to be 100% effective.

Same thing with Halliburton getting all the defense contracts, white house admins pushing large business to their former employers to boost sales and make money off their stock is unethical and as far as I know, illegal

he could buy as much stock in google as he wanted, as long as he didn't use the whitehouse to "support" google and drive its business

Ahhh ok, I didn't realize the white house was pushing the drug, I thought it was the only flu drug on the market, and the bird flu thing seemed to be more general media driven...

Yep, he's just a shrewd businessman

Couldnt have said it better myself.

MaddCaz was 8 years ahead

Some big money made selling a drug which is as good as paracetamol.

The "crackpot conspiracy theorists" were right once again.

For anyone not in the loop, there is news out in the past few days showing that Tamiflu does not work, clinical trials were a joke and that the company tried to hide research showing that it doesn't work.

did what it was supposed to do

:1orglaugh:1orglaugh:1orglaugh right on what? feel free to link one gfy thread revealing this tamiflu conspiracy or hell, even a google link.

Here's one https://gfy.com/showthread.php?t=612678

Actually it was a huge story at the time how it was a total scam, I even wrote about it on various forums myself :2 cents:

http://i.imgur.com/5xm3h.png

:1orglaugh:1orglaugh

this thread is revealing a conspiracy? where? when? proof?

Let's get this straight. this thread is your revealing that rumsfeld called in a favor to China, Japan, all of europe and elsewhere to buy up tamiflu in order to profit from its sales you claim in this thread (somewhere) that you proved years ago didn't work.

:1orglaugh:1orglaugh:1orglaugh

Must we therefore conclude that the alarm raised over a possible pandemic and the rush to stockpile Tamiflu amount to a conspiracy to line the pockets of G.W. Bush's cronies? Not necessarily. One strain of the bird flu virus, H5N1, has demonstrated a high mortality rate in both birds and people, and the concern is that it could mutate into much more contagious form in humans. The World Health Organization considers the risk of a pandemic "serious."
Bird flu threat overestimated?

Granted, there are well-informed skeptics in the scientific community who argue that public health officials have overestimated the threat of a pandemic - and the skeptics could be right - but the "better safe than sorry" approach is too widespread to be discounted as an aberration of the Bush administration. The World Health Organization, the health ministries of China, Japan and other Asian countries, and the health commissioner of the European Union have all called for bird flu preparedness plans that include the stockpiling of Tamiflu.


:1orglaugh:1orglaugh:1orglaugh

you go rummie.

is that what this is.. on the straight and narrow?

cause the only thing i see him posting is the tongue in cheek joke about whoever called it in 06.

WHP isn't theduck..

whp isnt mat26oz either, whoopie.

This thread isn't calling anything. rumsfeld owned stock in a company. end of conspiracy.

Imagine that.

Got to give it up for how incredibly good R&D is at Giliead, but their finance dept is kinda morally bankrupt (albeit equally capable.)

I believe this is the same company which recently released a cure for Hep C. Which costs $900 in most up the world and north of $80,000 for a course of treatment in the USA.

alright

8char

I have kids and I could have told you tamaflu is nothing special. SO expensive. I feel for people without insurance who are prescribed it and feel they HAVE to get it to keep their kids healthy.

Their R&D have worked out how create realistic smoke and high class mirrors :2 cents:

Whole thing was a false flag planned many years in advance; lots of money made, many people sterilized with the jab :2 cents:

it's the perfect conspiracy. complex, international and multiple goals involving mass inculcation and the elite all orchestrated by donald rumsfeld.

classic!

but i'm still not seeing where the ct'ers called that out anywhere in this thread or elsewhere.

conspiracy debunked with concert evidence!

i guess i'm supposed to put some smilies here. you know, since this is a tongue in cheek comment and i'm supposed to/


:1orglaugh:):1orglaugh:winkwink::):winkwink:


meanwhile, nothing in this thread other than a breakdown of rumsfeld's investment portfolio, including life insurance. i know ct'ers find that a smoking gun/proof enough, i was hoping they could link me to valid proof.

starting to think ya'll just like rolling around, pointing fingers at people, and screaming "CONSPIRACY THEORIST"

it's like modern day witch burning!

yes, referring to someone as a cter because they claim donald rumsfeld is the head of a tamisflu worldwide profit conspiracy due to his holding stock is akin to burning someone alive.

no matter if this is true or not - i believe that Rumsfeld is a deeply rotten disgusting piece of shit

And Cheney too.

I almost feel bad for Bush - with his IQ of probably around 85 he was just a puppet to them

Back when it was happening I was calling all of that out on major conspiracy sites :2 cents:

Can't argue with that, he's the man who allowed Aspartame on the market :2 cents:

http://i.imgur.com/t6apmPP.gif

yikes

now this is some tongue in cheek humor that warrants some smilies lolz!

:1orglaugh:1orglaugh

I know what you're doing, you want me to provide proof, there are obvious reasons why I will not do that, I'm not having you hunting through my conspiracy theorist history and posting it all up here using your fake nicks :1orglaugh