A woman on the internet you sort of are used to a certain amount of the rats or foul things coming to you but it was actually a the idea that i suggested even 6 or 7 years ago 6 years ago that the pharmaceutical companies were paying doctors and they were the ones pushing mass and thats what was pushing the Opioid Crisis and i got a lot of a lot of heat for it and now here we are and every. Also on this show we reported a couple of years ago about how the Sackler Family was going to look into after moving into the same thing Pain Management in china in africa and in india that company was of course monday farm out which is part of this big settlement so under this settlement Purdue Pharma gets restructured under chapter 11 bankruptcy that means that purdue goes from being a private company hauled by the sackler for. Into a public Beneficiary Trust so whatever they make from this point forward goes into a trust which then. All the profits go to plaintiffs in the case which of course as
A possible settlement to resolve thousands of federal and state lawsuits the Sackler Family would give up ownership of Purdue Pharma the company blamed for much of the opiate epidemic and pay 3000000000. 00 of their own money but for that but the punishment for the socceroos wouldnt end there the times goes on report that in addition to that there are 3000000000. 00 cash payout the sackless would sell another drug company they own monday pharma and contribute an additional 1500000000. 00 from the proceeds. This could essentially force the Sackler Family out of the opioid business to the tune of 4500000000. 00 just their own expenses but are just bankruptcies and fines and does that bring justice to the millions upon millions of lives destroyed by the Opioid Epidemic lets find out as we start watching the whole us. Go to. The. Real thing its like. As you said a lot of. What they like you know that i got. With. This. Is exactly. What the watching the harks i am tyrrel for the time topica
Anne makovec and santa rosa where the priest served most recently. Reporter this is sending shockwaves through resurrection parish in santa rosa. Here is the picture of the man accused of stealing tens of thousands of dollars from his church. Father oscar diaz. He served roast recently as pastor here and santa rosa rosa. The bishop said he had been stealing from the diocese for the past 15 years. Was discovered about a month ago when the priest got into a car accident. Emergency responders filed several bags of money in his car. They were the securities bags used for parish collections and inside of them 18,000. Depressed found another 77,000 in cash. The bishop said it was stolen through a variety of means with said police topolicies here the diocese would make criminal prosecution difficult. The bishop goes on to say that this is one of the most emotionally draining and difficult situations ive ever encountered pichai recognize oscar diaz has been for me and perhaps many, a loved and
It on repeat it is thursday the 18th of july and fbn am starts right now. That song annoy you yet welcome to fbn am dont be annoyed tuesday Lauren Simonetti thank you for joinings. Rng good morning everybody. Im cheryl casone. Lets take a look at how your money is moving this morning pus futures are looking at more declines dow down 80 points and nasdaq down 12. 5 two dow stocks do report today United Statessed health and microsoft. Despite concerns from investors theyre gearing up, of course, for next fed meeting were looking for that rate cut as you can see right now on the tenure, unchange. Taking a look at oil prices comments foreign minister that u. S. , quote, shot itself in the foot by leaving the nuclear deal oil is at 56, 64 a barrel. Worries about global outlet for earnings, of course, trade concern are already there. This is how stockses are trading this morning in europe red arrows across thed board. Escalating there. To the top story this morning the president waste nothin
Accident in the tenderloin block had the busy intersection. Cars are rerouted. Thats a good area to avoid right now. Very busy commute this morning. Bay bridge coming in. We had slow traffic on 880 getting toward downtown oakland. There was a truck that flipped over carrying hazardous material. That ramp is closed. We have slow traffic developing on the east bay commute. South bay commute looking good. So the traffic has been slow. We do have quite a bit of stuff going on. I want to mention buchanan road is closed because of a deadly crash. A lot going opp. 701, back to the desk. Youve been tellings us about the problem at the station in San Francisco. The bart service is getting back to normal, muni is going to be affected for several hours. Christina rendon, you have more on our continuing coverage from the station. Whats happening there . Reporter good morning to you. Right now muni station is stopped. They taped off the gates. Theres a lot of confusion from rider this is morning. T