Inside story of the generic drug boom and im talking t you today from massachutts. Im actually usuly based in brooklyn, new york, but were hunkering down in cape cod this summer. My book is a true crime expose of the generic drug industry an takes the readers deep into the distantanufacturing plants in india and china that make most of americas low cost medicines. Heavily reported over the course of 10 years, the book follows several key characters, an industry whistle blower, a fda investigator as they begin to uncover widespread fraud in these manufacturing plants. The question is, what made me want to pursue this topic . Im an investigative journalist and i have been at this for several decades, but in 2008, i got an unusual phone call that came from a radio show host on npr. He had the show called the peoples pharmacy. His name is joe braden, and he called me with a tip. He said that listeners were calling into his Radio Program and complaining about their generic drugs, they were
Looking at chinese data coming out confirming the momentum of the return. We have pmi data. Is a look at the benchmarks we are looking at. Some of the foreign exchanges and commodities. Climb. Ing a massive up 3. 4 . The dollar index is moving up. We have seen this drop alongside the oil prices as well. The dollar is one of those in the crosshairs. Gold is steady. Lets get to new york and have a look at some of the first word news headlines, here is karina mitchell. Coronavirus cases are leading to more lockdowns. Germany, and the u. K. Already increasing but controls. Than. S. Reported more 78,000 new cases over the week and after two Straight Days of National Records. Anger is rising across europe as governments impose new lockdown rules. Officials blocks travel from local regions. There is still no national clampdown. The u. K. Will go into lockdown again later this week while extending wage support for four load furloughed workers. South koreas export led recovery continued last mo
Optimistic. Mitch mcconnell is pressing for his own more targeted plan. Emily, if the white house and pelosi agree to a deal, six months ago you couldve seen trump with the pressure from oconnell, is that not the case anymore . Mcconnell, is that not the case anymore . We are talking about all the Senate Republicans who arent really game to pass another 2 trillion legislation. How much support to they have. Mcconnell says if there is an agreement, he will bring it to the floor but did not say whether he would support or talk about his members for supporting it. A lot of them are in tight races coming up and they need to be thinking about their own Electoral Prospects to try and make decisions they see think are going to sit well with their constituents. That we you suggesting are seeing members of the senate , republican members of the senate distancing themselves from trump . Is that now the electoral play that they have to pursue . I think for these republican senators, they have to
Continues Katherine Eban is next talking about generic drugs. Hello i am Katherine Eban my book is bottle of lies i am talking to you today from massachusetts usually based in brooklyn but we are hunkering down this summer. My book is a true crime expose of the generic drug industry to take the readers into the District Manufacturing plants and make most of americas low cost medicine. Over the course of ten years seeing a industry whistleblower as they begin to undercover widespread fraud in the manufacturing plants. What made me want to pursue this topic . I am investigative journalist but in 2000 day i got an unusual phone call for radio show host on npr he had a show called the Peoples Pharmacy and he called me with the tip that the listeners were calling into his Radio Program complaining about their generic drugs when he took those complaints to the fda the response he got back were psychosomatic and they were complaining because when they are switched they look different and he d
Provider. Scott cooper, what does a Venture Capitalist do . Basically what we do we provide money to companies that are trying to grow and hopefully become very Big Companies like a facebook or google or an apple someday and every doing our jobs correctly, were helping them grow the company so we dont obviously work in the businesses but we can provide and navigate new challenges as they go through the business, we like making ourselves as a money provider and a supporter as a business growth. Why can a company such as the one you described go to a bank and go through traditional avenues . A good question, the problem is most of the business we invest are very risky businesses that lose money for a long period of time as they invest in the business and banks unfortunately are not in the business of doing that or taking risk of losing the capital, we are willing to take that risk and about half of what we invested we will ultimately lose all her money and any bank to your promos will no