Monday, November 14, 2011

Surprise! Kerry-Slime Makes "Magic Trades" Too!

It seems that John F*n Kerry, Vietnam veteran, was able to persuade "60 Minutes" NOT to talk about his extremely smart Big Pharma stock trading.

But NewsWeak did.

...The Kerry trustees’ impeccable timing in drug company trades was evident again in 2007, when the federal government was weighing whether to discontinue Medicare reimbursement for certain anemia drugs used by cancer patients. When the government announced that it would limit reimbursements, shares in Amgen, one of the drugmakers at issue, dropped 15 percent. Kerry’s wife happened to be an Amgen stockholder but avoided losses; her shares, valued at between $500,000 and $1 million, were unloaded more than a week before the government’s announcement.

Quoted at AOSHQ

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