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DewDiligence

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DewDiligence

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Re: jbog post# 69654

Sunday, 12/07/2008 8:42:08 PM

Sunday, December 07, 2008 8:42:08 PM

Post# of 257648
>There aren't many CEO's who've cost their companies and themselves more pain than Sam [Waksal] did. He ripped off his company, shorted its stock, got caught, lost his fortunes and went to jail. Hell, the other CEO's only ran their companies into the ground.<

Good point, jbog—Sam Waksal could well be the worst biotech CEO in history.

However, Waksal has been out of office for almost seven years. Perhaps we should have a separate survey question for Worst Biotech CEO—Lifetime Achievement Award.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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