HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Novartis CEO tells employ...

Thu May 10, 2018, 05:20 PM

Novartis CEO tells employees 'we made a mistake' in making deal with Trump lawyer Michael Cohen

Source: CNBC

Novartis CEO Vasant Narasimhan told employees in an internal memo Thursday that "yesterday was not a good day" for the company, after the pharmaceutical giant revealed that it paid $1.2 million to President Donald Trump's personal lawyer, Michael Cohen.

Narasimhan said "we made a mistake" in entering a contract in February 2017 with Cohen through his company, Essential Consultants, for guidance "as to how the Trump administration might approach certain US healthcare policy matters."

"As a consequence, [we] are being criticized by a world that expects more from us," Narasimhan said in the internal email, which was obtained by CNBC.

Read more: https://www.cnbc.com/2018/05/10/we-made-a-mistake-novartis-ceo-tells-employees.html



We got caught.

11 replies, 1807 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 11 replies Author Time Post
Reply Novartis CEO tells employees 'we made a mistake' in making deal with Trump lawyer Michael Cohen (Original post)
mobeau69 May 2018 OP
Judi Lynn May 2018 #1
bucolic_frolic May 2018 #2
BumRushDaShow May 2018 #3
unblock May 2018 #4
Hav May 2018 #5
mobeau69 May 2018 #6
elmac May 2018 #7
matt819 May 2018 #8
Maven May 2018 #9
Corgigal May 2018 #10
Yo_Mama_Been_Loggin May 2018 #11

Response to mobeau69 (Original post)

Thu May 10, 2018, 05:21 PM

1. Beautiful, isn't it? Thank you. n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 05:25 PM

2. CYA PR Stunt

If everything had gone according to plan he'd never say a word about it

and he must have expected some serious lobbying ... those were hefty amounts, I read, compared to their ordinary lobbyists

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 05:25 PM

3. And their "alibi" is that... "Well... it's the old CEO who left who did this so..."

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 05:27 PM

4. *yesterday* was not a good day? typical. the day you got exposed was the bad day. i see.

personally, i would think the day you bribed the president of the united states to the tune of $1.2 million was the bad day, but hey, that's just me.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 05:30 PM

5. Sometimes it's better not to say anything

This sounds awful. What's the rate for Cohen's services? How much work was put in by him to warrant a 1.2 million bill for "guidance"? What does that even mean? It sounds so shady. It's strange that the company thought that such a statement would make the people think: "Oh yeah, the 1.2 million make sense now."

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Hav (Reply #5)

Thu May 10, 2018, 05:38 PM

6. Smells like a stinking swamp.

FU, Dotard.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 05:52 PM

7. I worked for Novartis back in the 90's

 

I don't think they would have pulled this crap back then. We do live in a very corrupted era.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 06:22 PM

8. Mistake

We call it bribery. Potaytos potahtos

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 06:52 PM

9. Um, but aren't they under investigation for bribery in Korea and Greece too?

It seems like this is less of a misstep, and more of a company tradition that was brought stateside, now that we have our very own mob "president".

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 06:54 PM

10. We made a mistake

We got caught, but enjoy your free lunch today.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mobeau69 (Original post)

Thu May 10, 2018, 08:45 PM

11. Just a mistake

Don't mind us

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread