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Re: boi568 post# 324614

Thursday, 08/05/2021 1:23:09 PM

Thursday, August 05, 2021 1:23:09 PM

Post# of 463629
I hope you're right. Money is a powerful tool and Biogen has plenty of it. It also spent a lot of money developing this drug and it's going to do all it can to protect its interests.

I once went up against Wilbur Ross in a multi-billion dollar MLP oil restructuring deal. I represented the equity interests, he represented the creditors. Who do you think won that battle? As it turned out, years later the facts would support the financial models my team had put together were correct, but it didn't matter other than as a moral victory. Wilbur isn't a stupid man. He knew damn well if facts and the public's interest were the sole determiners in how the bankruptcy court would make its ruling, he'd have lost. But money is power and he had plenty of both. Just like Biogen...
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