McKinsey and Company to pay $650M for role in opioid crisis
1–10 of 324 posts
Re: McKinsey and Company to pay $650M for role in opioid crisis
#2[flagged]
Re: McKinsey and Company to pay $650M for role in opioid crisis
#3https://en.wikipedia.org/wiki/Value_of_life
They could figure out how to divvy up their 65 life sentences.
Why do they get to pay their way out of this?
> According to Kavanaugh, former McKinsey senior partner Martin Elling [2] "personally deleted various Purdue related electronic materials from his McKinsey laptop with the intent to obstruct future investigations."
Corporate laptops are backed up, with backups offsite. I find it hard to believe that the only copy was on his laptop.
From the tweet [2], which has a screenshot of an email presumably sent by Martin Elling, he looks to be directing everyone to start deleting criminal evidence.
> McKinsey's payment, which includes $2 million paid to the Virginia Medicaid Fraud Control Unit, settles federal civil and criminal charges against the firm and includes a "deferred prosecution" agreement. Under the civil settlement, McKinsey is not admitting liability. A copy of the deferred prosecution agreement was not publicly available at the time of publication.
Given the opioid deaths in 2022 alone, McKinsey should be dissolved and the responsible parties serving jail time.
Can someone explain how this [3] is presented as a win, when only money has changed hands. They paid a fee for aiding in the deaths of hundreds of thousands of people.
Does this ruling now shield them from any criminal repercussions at the state level?
[1] https://www.cdc.gov/overdose-prevention/about/understanding-...
[2] https://x.com/CoruscaKhaya/status/1676330070472814593
Here is the original document referenced in the tweet,
https://www.industrydocuments.ucsf.edu/opioids/docs/#id=zhlp...
[3] https://www.justice.gov/opa/pr/justice-department-announces-...
*edit, found this
https://www.industrydocuments.ucsf.edu/wp-content/uploads/20... which outlines at which times various McKinsey employees directed people to delete evidence.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#4Left hand. COVID proved that we could establish safety & efficacy of a medical treatment in about 12 months, to the point where as I recall a lot of the manufacturers have a legal exemption from any liability for damage done by vaccines.
Right hand. There are these opioids have been around for decades and somehow they reached this huge level of damage. Largely the same cultures of people involved.
I still think the authoritarian policies used during COVID were a mistake. The level of compartmentalisation needed to look past scandals like this one and still force people to trust big pharma unconditionally is pretty extreme. People should be allowed to make their own mistakes based on their own flawed judgement, rather than the flawed judgement of the likes of McKinsey & Perdue. It is bad enough when everything is voluntary.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#5i'm assuming the supreme court will void this one too?
Re: McKinsey and Company to pay $650M for role in opioid crisis
#6Left hand. COVID proved that we could establish safety & efficacy of a medical treatment in about 12 months, to the point where as I recall a lot of the manufacturers have a legal exemption from any liability for damage done by vaccines. Right hand. There are these opioids have been around for decades and somehow they reached this huge level of damage. Largely the same cultures of people involved. I still think the a…
That legal exemption was made possible by a law passed in 2005 which, at the time, was completely non-controversial. It's only after vaccines have become politicized that it suddenly became problematic for the government to take steps to protect its citizen's lives.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#7https://en.wikipedia.org/wiki/Value_of_life They could figure out how to divvy up their 65 life sentences. Why do they get to pay their way out of this? > According to Kavanaugh, former McKinsey senior partner Martin Elling [2] "personally deleted various Purdue related electronic materials from his McKinsey laptop with the intent to obstruct future investigations." Corporate laptops are backed up, with backups offsi…
They 100% should be put in jail, if fines are the only deterrant then they just become cost-of-business and dont deter anything at all.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#8[flagged]
what kind of adjustment and who are adjusters?
Re: McKinsey and Company to pay $650M for role in opioid crisis
#9Left hand. COVID proved that we could establish safety & efficacy of a medical treatment in about 12 months, to the point where as I recall a lot of the manufacturers have a legal exemption from any liability for damage done by vaccines. Right hand. There are these opioids have been around for decades and somehow they reached this huge level of damage. Largely the same cultures of people involved. I still think the a…
The public policy for individual pain management and the public policy for highly contagious diseases can be different, for logical reasons that I hope are obvious.
Re: McKinsey and Company to pay $650M for role in opioid crisis
#10Left hand. COVID proved that we could establish safety & efficacy of a medical treatment in about 12 months, to the point where as I recall a lot of the manufacturers have a legal exemption from any liability for damage done by vaccines. Right hand. There are these opioids have been around for decades and somehow they reached this huge level of damage. Largely the same cultures of people involved. I still think the a…
Opioids were known to be harmful. Purdue attacked the gatekeepers and policy makers not the science. It was mostly a story of what happens when a well funded con artist enters an environment built on trust.
Suddenly pain management was viewed as very important by the medical establishment, while mostly paying lip service to all the long term consequences of said actions. After all you can’t actually know how much someone is actually suffering…