Tuesday, January 29, 2008

Schering Plough - Peter Rost is "smokin'"

This is a "must read"!

Schering-Plough’s CEO Fred Hassan has two years left to retirement as he faces the most serious challenge to his personal legacy: One failed trial, two Congressional investigations, subpoenas from the New York State Attorney General, an SEC investigation, and a brutal 40% drop in Schering-Plough stock price from its peak.

Until a few weeks ago Hassan was God's gift to the pharmaceutical industry (according to Forbes).


But was it all just a mirage--a skillfully played con-game?

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1 comment:

Peter Rost said...

Thanks Jack!

I think I'll rest now for a few days . .