Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

amborin

(16,631 posts)
Mon Apr 25, 2016, 02:06 AM Apr 2016

Former FDA Chief Charged w/ Racketeering: Donated to Hillary

:large


Former FDA Commissioner Charged in RICO Lawsuit

A Federal Lawsuit charges Dr. Margaret Hamburg, former Commissioner of the Food and Drug Administration (FDA) with conspiracy, racketeering & colluding to conceal deadly drug dangers – under the federal Racketeer Influenced and Corrupt Organizations law (RICO) law. The amended RICO lawsuit was filed on April 11, 2016 in the U.S. District Court in Washington DC on behalf of eight plaintiffs who claim they have suffered severe harm by ingesting the drug, Levaquin whose deadly risks were concealed to protect financial interests.

The drug is one of the controversial group of antibiotics, including Levaquin, Cipro, Avelox and other fluoroquinolones. Public Citizen petitioned the FDA in 1996 and again in 2006, to issue Black Box warnings for tendon rupture and tendinitis. Had warnings been issued, the death toll from Levaquin– reputedly more than 5,000 — and the tens of thousands who were debilitated with life-threatening diseases would likely have been averted. (Read risks at RxList)

The suit, filed by Larry Klayman, a former federal prosecutor, charges Dr. Hamburg, her husband, Peter Brown, an executive in the hedge-fund Renaissance Technologies, with collusion, conspiracy and racketeering alongside the pharmaceutical giant, Johnson & Johnson to conceal those deadly risks — to protect their financial stake.

“While Defendant Hamburg was FDA Commissioner, her husband, Defendant Brown’s annual income, not coincidentally, increased from a reported $10 million in 2008 to an estimated $125 million in 2011 and an estimated $90 million in 2012, due in whole or in part to Defendants’ racketeering conspiracy to withhold information about the devastating, life threatening, and deadly effects of Levaquin.”

This lawsuit is unusual; it shines a light on blatant political corruption — the purchase of powerful executive posts.
In 2009, President Barak Obama nominated Dr. Margaret Hamburg for Commissioner of the FDA as a political appointee. The suit alleges that Dr. Hamburg and her husband had made large donations to Hillary Clinton’s campaigns, and to the Clinton Foundation. And that they “gave political contributions and gratuities to President Obama to induce him to nominate her to be appointed as FDA Commissioner.”

“Dr. Margaret A. Hamburg was nominated as a result of huge political and other gratuities to Hillary Clinton and The Clinton Foundation, and at Mrs. Clinton’s recommendation.”

The suit further charges that “During the confirmation process before Congress, Dr. Margaret A. Hamburg, acting in concert with her husband, Peter F. Brown, at all material times the Co-CEO of a hedge fund named Renaissance Technologies, L.L.C., failed to disclose to Congress and other relevant authorities, her and her husband’s clear-cut conflict of interest –specifically, that Renaissance Technologies, L.L.C. held hundreds of millions of dollars of Johnson & Johnson stock, the manufacturer of the deadly drug, Levaquin.”

http://ahrp.org/former-fda-commissioner-charged-in-federal-racketeering-lawsuit/
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Former FDA Chief Charged w/ Racketeering: Donated to Hillary (Original Post) amborin Apr 2016 OP
well that automatically means MFM008 Apr 2016 #1
So did Hillary's part in this break any law ? agracie Apr 2016 #2
Now thats how the clintons do it !!! This is why we can't support berniepdx420 Apr 2016 #3
Larry Klayman... tammywammy Apr 2016 #4
Ambulance chaser extraordinaire Tactical Peek Apr 2016 #6
When are they going to indict Penny Pritzker? Fuddnik Apr 2016 #5
Wow. silvershadow Apr 2016 #7
Renaissance CEO is a big HRC donor, corp. is a big tax dodger. Waiting For Everyman Apr 2016 #8
More from the private attorney who filed this (not "charged"), a guy who sued his own mother. Tactical Peek Apr 2016 #9
This is a little misleading Trenzalore Apr 2016 #10
Don't they know money does not affect Her?? FlatBaroque Apr 2016 #11
The desperation ... it berns. JoePhilly Apr 2016 #12
you're ok with corruption, obviously amborin Apr 2016 #13
You're ok ... JoePhilly Apr 2016 #14
it's not RW nonsense; there's abundant evidence from all manner of objective sources documenting amborin Apr 2016 #15

Tactical Peek

(1,212 posts)
6. Ambulance chaser extraordinaire
Mon Apr 25, 2016, 02:47 AM
Apr 2016
NBC's The West Wing parodied Klayman in an episode that aired in 2000. The following dialogue is cited from Washington Post Magazine, where Klayman was featured on the front cover:

"JOSH: This is the seventh lawsuit you've brought against the White House, and the fourth time you've deposed me and demanded to see documents that don’t exist. ... CLAYPOOL: I’d like to remind you that you’re under oath. SAM: And I’d like to remind you that that’s the seventh time that you’ve reminded him."


https://en.wikipedia.org/wiki/Larry_Klayman
-

Waiting For Everyman

(9,385 posts)
8. Renaissance CEO is a big HRC donor, corp. is a big tax dodger.
Mon Apr 25, 2016, 03:32 AM
Apr 2016

James Simons is CEO of Renaissance Technologies, a hedge fund which is the husband's employer. Renaissance is largely built on tax avoidance schemes, and the company is donating heavily to HRC's campaign in order to get some laws changed for it. It already has an exemption from the Dept of Labor (because its employee pension input is its own stock) and apparently wants more legalizing done.


... (referring to Panama Papers tax avoidance schemes)

"At least one of Clinton’s biggest donors, hedge fund manager James Simons, has benefitted from those strategies. His firm, Renaissance Technologies, was the subject of a review by the IRS because of a tax loophole that saved the firm an estimated $6.8 billion over a decade, according to a Senate investigation. So far in the 2016 cycle, Simons has donated $3.5 million to Priorities USA Action, a super PAC backing Clinton’s presidential run, according to data from the Center for Responsive Politics."

...

http://www.ibtimes.com/panama-papers-hillary-clinton-donor-benefits-tax-loopholes-while-she-calls-2349440

Simons also donated heavily to Obama's campaigns, just as this couple did.

Tactical Peek

(1,212 posts)
9. More from the private attorney who filed this (not "charged"), a guy who sued his own mother.
Mon Apr 25, 2016, 03:52 AM
Apr 2016
In October 2014, Klayman sued the Obama administration, claiming that it secretly allowed the Ebola virus to enter the United States so it could be used against Americans of the "Caucasian race and Jewish-Christian religion".

In 2012, Klayman filed on behalf of a Florida resident an unsuccessful challenge to Barack Obama's placement on the primary ballot and claimed the president is not a natural-born citizen as required by the Constitution.

In November 2014, Klayman filed a lawsuit on behalf of Joe Arpaio, alleging that the Obama administration's actions regarding federal immigration policy were not authorized by Congress.


Ibid.

A flagrant right-wing nut job filed this lawsuit.

Trenzalore

(2,331 posts)
10. This is a little misleading
Mon Apr 25, 2016, 05:08 AM
Apr 2016

They are being sued for racketeering. Charged implies the Federal government has indicted.

JoePhilly

(27,787 posts)
14. You're ok ...
Mon Apr 25, 2016, 11:41 AM
Apr 2016

... peddling RW nonsense, obviously.

Honestly, that OP reminds me of the insane email spam I get from a crazed RW uncle.

amborin

(16,631 posts)
15. it's not RW nonsense; there's abundant evidence from all manner of objective sources documenting
Mon Apr 25, 2016, 05:22 PM
Apr 2016

her corruption and lies

Latest Discussions»Retired Forums»2016 Postmortem»Former FDA Chief Charged ...