Word: biotechs
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...unnerving analogies don?t stop there. The twenties and the combined eighties and nineties blew up huge stock market bubbles around technology - automobiles, radio, aviation, electronic utilities and appliances in the 1920s, and more recently, the Internet, chips, software, bandwidth and biotech. The small top tier of Americans with the large stockholdings are always lopsided beneficiaries, which increases the concentration of wealth and income in the top one percent (especially the top one-tenth of one percent). By 1928-29, the top one percent share of total U.S. wealth (some 40-44%) and income (some 17-19%) maximized at levels...
After graduating from Harvard, he began working at a shrimp farm in Eritrea. A biology professor with whom he had worked at the University of Arizona had been hired by the biotech firm that ran the farm, and asked Ramsey to come...
What did Martha Stewart know? And when did she know it? These are hardly the most pressing questions to emerge from the collapse of yet another stock and the disgrace of one more CEO, this time at the once high-flying biotech firm ImClone. But after the scandals and meltdowns at Enron and Tyco and the self-serving stock recommendations at Merrill Lynch, the shamed corporate hero has become positively pedestrian. It takes a celebrity touch to hold our interest, and with ImClone we're getting the full weight of high society...
...European Commission's advisory panel on science and technology policy. Her brief ranged from data secrecy to cloning and involved deliberations with researchers, politicians and business people across the E.U. Before that, Lenoir presided over UNESCO's International Bioethics Committee. Her expertise, insistence on the urgency of farreaching international biotech accords and collegial manner won Lenoir high marks from foreign colleagues, and many in Brussels cheered her selection by Raffarin. Lenoir's European bona fides are accompanied by experience within France's power élite, whose male domination she challenged early on. In 1986, Mitterrand named her to the Conseil...
...story that claimed a woman had been beheaded by supporters of the Zanu PF, Zimbabwe's ruling party. The police say the killing never took place. Meldrum is being prosecuted under stringent media laws designed to curb government criticism. ARRESTED. SAMUEL WAKSAL, 54, former CEO of ImClone Systems, the biotech company behind the experimental cancer drug Erbitux, on charges of illegal insider trading; in New York City. Waksal is accused of trying to unload his shares and telling two shareholders to sell their stock the day before the U.S. Food and Drug Administration announced it was rejecting ImClone's application...