Reply to thread

From someone who did lose their job after being a legacy AGN for over 25 years, there is no question in my mind that AGN would be performing much better with Pyott at the helm and being independent.  Saunders has tried to project a growth Pharma model to Wall St and so far has failed miserably.  The stock is down over 30% from it's all time highs and it's still to be seen whether it can reach even $250-260 by the end of 2017.  This is a game between the good ole boys.  Nothing more than money exchange for top brass while the rest of the employees suffer.  Shareholders too!  M &a A should be written in the business history books as the downfall of employee loyalty and pride in their jobs.  In the event of mergers, the buying company should be obligated to contribute to all layer off workers their SS and Medicaid taxes at that employees last highest salary.  Currently that's another ding on a layer employee!  Your SS payout gets smaller if you don't find a comparable job with pay soon after layoffs.  All right- I'm done bitching!  I just hope Ackman falls of a cliff with Pearson soon!