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Journal by DeathMonkey

President Donald Trump's fixation with hydroxychloroquine, a drug used to treat malaria and lupus, as a potential treatment for the novel coronavirus has left many medical experts, including members of his own administration, frustrated. The drug comes with severe side effects ranging from nausea and hair loss to blindness and cardiac arrest; the hoarding of the drug to test it in COVID-19 patients has resulted in autoimmune patients being denied it, and the evidence that it even helps COVID-19 patients in the first place is anecdotal at best.

The president himself, according to Peter Baker, Katie Rogers, David Enrich, and Maggie Haberman has a financial interest in Sanofi, the French pharmaceutical company that manufactures the drug under the brand Plaquenil.

"Some associates of Mr. Trump's have financial interests in the issue. Sanofi's largest shareholders include Fisher Asset Management, the mutual fund company run by Ken Fisher, a major donor to Republicans, including Mr. Trump," said the report. "Another investor in both Sanofi and Mylan, another pharmaceutical firm, is Invesco, the fund previously run by Wilbur Ross, the commerce secretary. As of last year, Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi."

Trump holds "financial interest" in pharmaceutical company that produces hydroxychloroquine: NYT

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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
(1)
  • (Score: 1, Troll) by Runaway1956 on Tuesday April 07 2020, @03:17PM (40 children)

    by Runaway1956 (2926) on Tuesday April 07 2020, @03:17PM (#979973) Homepage Journal

    If I get it, I definitely WILL NOT try this stuff, even if it works, just to spite Trump!!

    /sarcasm

    --
    Abortion is the number one killed of children in the United States.
    • (Score: 5, Insightful) by DeathMonkey on Tuesday April 07 2020, @03:24PM (23 children)

      by DeathMonkey (1380) on Tuesday April 07 2020, @03:24PM (#979975) Journal

      I too remember a time when conservatives claimed to be opposed to conflict of interest.

      • (Score: 3, Funny) by DeathMonkey on Tuesday April 07 2020, @03:26PM

        by DeathMonkey (1380) on Tuesday April 07 2020, @03:26PM (#979976) Journal
      • (Score: 0, Interesting) by fustakrakich on Tuesday April 07 2020, @04:30PM (21 children)

        by fustakrakich (6150) on Tuesday April 07 2020, @04:30PM (#980000) Journal

        What's the big deal? They're just following the example [readsludge.com]. The corruption is totally bi-partisan. Any attempt to single anyone out cannot be taken seriously. The Party must go

        --
        La politica e i criminali sono la stessa cosa..
        • (Score: 5, Interesting) by DeathMonkey on Tuesday April 07 2020, @04:52PM (14 children)

          by DeathMonkey (1380) on Tuesday April 07 2020, @04:52PM (#980007) Journal

          I don't see the part where she was giving Facebook a huge amount of free advertising on the taxpayer's dime...

          False equivalency.

          However, I definitely support laws that prohibit the Congress from owning any stocks/businesses while in office.

          You'll notice it's the Democrats who are trying to pass those bills.

          House bill would ban stock trading by members of Congress [thehill.com]

          • (Score: -1, Redundant) by fustakrakich on Tuesday April 07 2020, @05:12PM (2 children)

            by fustakrakich (6150) on Tuesday April 07 2020, @05:12PM (#980013) Journal

            False equivalency.

            Yes, we are all aware of your boilerplate pretexts to provide your small degree of separation. Their similarities are not false by any means. It is one team.

            You'll notice it's the Democrats who are trying to pass those bills.

            The feeble efforts are never enough to actually try to pass them. We've gone through this villain rotation charade a thousand times, why do you cling?

            --
            La politica e i criminali sono la stessa cosa..
            • (Score: -1, Offtopic) by Anonymous Coward on Tuesday April 07 2020, @06:39PM (1 child)

              by Anonymous Coward on Tuesday April 07 2020, @06:39PM (#980038)

              More downmods! The democrats are polishing the furniture...

              Make sure they pass the white glove test or you will receive demerits from the padre

              • (Score: 0) by Anonymous Coward on Tuesday April 07 2020, @11:05PM

                by Anonymous Coward on Tuesday April 07 2020, @11:05PM (#980113)

                Poor victim!

          • (Score: 2, Interesting) by Anonymous Coward on Tuesday April 07 2020, @10:03PM (5 children)

            by Anonymous Coward on Tuesday April 07 2020, @10:03PM (#980096)

            I don't think that Congress should be prohibited from owning stock. Also, why would this be limited to Congress and not apply to the Executive Branch as well? There's also the issue of family members owning stocks or businesses, so conflicts of interest go beyond just the assets owned by the elected official. Should family members of Congress be prohibited from owning stock or businesses, too? There's also the potential loophole that assets could be transferred to a family member while the official is in office, then transferred back afterwards. It seems like a bit of an onerous requirement that all such investments be sold prior to taking such a position, and something that might not be particularly effective at curbing corruption. It also doesn't address other conflicts of interest like corporate campaign contributions. I think there are a couple of better things that could be done.

            1) Require that all such investments be placed in a blind trust while the official is in office. I would exempt things like mutual funds, provided the official has no control over how the fund is managed.

            2) There are a number of ways an official may have a conflict of interest. Perhaps a family member owns a business or has investments in a particular company. There may also be conflicts of interest involving campaign donations or contributions to a foundation established by the official. If there's a conflict of interest and the investment exceeds a certain amount of money, the official should be required to recuse themselves in all matters pertaining to that company. If it involves Congress, that would mean refraining from voting on bills relating to the company.

            • (Score: 1) by Sulla on Tuesday April 07 2020, @11:30PM (4 children)

              by Sulla (5173) on Tuesday April 07 2020, @11:30PM (#980122) Journal

              I would personally be in favor of no elected positions or their immediate family being able to hold stocks, but I doubt this would solve the issue. I was wondering if you paid politicians more, gave them a large retirement fund, but then did not allow them to make any other investments. Goal being to pay them enough to isolate them from other temptations. No receipts of gifts and no ability to serve on boards after retirement. More needs to be done. Possibly instead of a fine if we gave them the guillotine.

              --
              Ceterum censeo Sinae esse delendam
              • (Score: 2, Insightful) by fustakrakich on Wednesday April 08 2020, @02:39AM (3 children)

                by fustakrakich (6150) on Wednesday April 08 2020, @02:39AM (#980179) Journal

                Why pay them more? The voters are supposed to replace them when they succumb to temptation, not distract them with trinkets and reward them with a forty year career.

                --
                La politica e i criminali sono la stessa cosa..
                • (Score: 1) by Sulla on Wednesday April 08 2020, @03:45AM (2 children)

                  by Sulla (5173) on Wednesday April 08 2020, @03:45AM (#980186) Journal

                  I want people capable of being doctors and engineers to be willing to serve their time but not become sucked in by the temptation. I would be willing to give unpaid service a shot, plus throw in some term limits. Only example of unpaid service we have ever had is Trump who donates his salary,. Unfortunately we pay for that through extremely excessive golf trips and travel between his homes, which we should be making him reimburse.

                  --
                  Ceterum censeo Sinae esse delendam
                  • (Score: 2, Insightful) by fustakrakich on Wednesday April 08 2020, @07:05AM

                    by fustakrakich (6150) on Wednesday April 08 2020, @07:05AM (#980215) Journal

                    I want people capable of being doctors and engineers to be willing to serve their time but not become sucked in by the temptation.

                    Then turn the job into jury duty. Conscription is the only way.

                    --
                    La politica e i criminali sono la stessa cosa..
                  • (Score: 5, Insightful) by aristarchus on Wednesday April 08 2020, @08:15AM

                    by aristarchus (2645) on Wednesday April 08 2020, @08:15AM (#980219) Journal

                    OK, Sulla! Good idea and noble plan. The one thing you forget, is to require they not be Republicans. Those bastard are corrupt to the core. We need to Impeach Trump Again. NITA!

          • (Score: 2) by The Mighty Buzzard on Tuesday April 07 2020, @11:46PM (4 children)

            Wasn't it the Democrats who got rid of the ethcis rule against insider trading in Congress? I've slept a few times since then but I seem to remember it was.

            --
            My rights don't end where your fear begins.
            • (Score: 4, Informative) by Anonymous Coward on Wednesday April 08 2020, @08:31PM (3 children)

              by Anonymous Coward on Wednesday April 08 2020, @08:31PM (#980375)

              Oops, it was the STOCK act which made transparency better and then Congress passed another bill which Obama did sign which gutted the STOCK act https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law [npr.org]

              So once again, Republicans are at fault with Democrat complicity at most.

              I sure wish you would realize how terrible Republicans are instead of pretending the Democrats are the source of all evil. Not that Ds are perfect or that we shouldn't support third parties and election reform to gut the two party system.

              Do you ever do any research? Or do you simply prefer tribal politics so you don't have to question your own view points?

              • (Score: 2, Disagree) by The Mighty Buzzard on Thursday April 09 2020, @01:08PM (2 children)

                by The Mighty Buzzard (18) <themightybuzzard@proton.me> on Thursday April 09 2020, @01:08PM (#980557) Homepage Journal

                Yeah, I wasn't aware of that bit of law. Now I am though, so I find your way of framing a bipartisan bill and amendment to suit your narrative very interesting. When Obama signs the original bill it's all "yay Dems" but when a year later he signs the amendment to it that you hate it's all "boo Reps". Intellectual honesty ain't your bag, eh?

                I sure wish you would realize how terrible Republicans are instead of pretending the Democrats are the source of all evil.

                I do. I'm just a member of neither group so I'm free to allow myself to be aware that the Dems are currently a whole lot worse.

                Do you ever do any research?

                I did say it was something I wasn't sure of, dipshit.

                --
                My rights don't end where your fear begins.
                • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:14PM (1 child)

                  by Anonymous Coward on Thursday April 09 2020, @05:14PM (#980621)

                  "the Dems are currently a whole lot worse"

                  So you are mentally deficient and triggered by reality. Got it.

                  "I did say it was something I wasn't sure of, dipshit."

                  I guess we'll accept that step in the right direction, but given your propensity for wrongness I think you should begin doing at least a few minutes research before spouting off with your uninformed opinions.

                  Ah well, the country will dive in the hellhole of corruption bulldozing the foundations of democracy as morons like you cheer on the leaders of corruption. Interesting you're not even bothering to go with "both sides" anymore and have retreated to your partisan safe space.

        • (Score: -1, Offtopic) by Anonymous Coward on Tuesday April 07 2020, @05:31PM (5 children)

          by Anonymous Coward on Tuesday April 07 2020, @05:31PM (#980020)

          Flamebate

          Ahhh, there we go, as reliable as the sunrise, here come the democrat storm troopers!

          • (Score: 3, Touché) by Anonymous Coward on Tuesday April 07 2020, @06:31PM (4 children)

            by Anonymous Coward on Tuesday April 07 2020, @06:31PM (#980034)

            "Look, Ma! A Republican!"
            "How can you tell, son?"
            "The spelling, mostly, and how they mentally masterbait."

            • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @04:04PM (3 children)

              by Anonymous Coward on Wednesday April 08 2020, @04:04PM (#980289)

              The spelling was intentional. OF course you dumbass snowflakes didn't get the hint, much less the message.

              You all work for Trump, right?

              • (Score: 2, Touché) by Anonymous Coward on Wednesday April 08 2020, @08:12PM (2 children)

                by Anonymous Coward on Wednesday April 08 2020, @08:12PM (#980359)

                The spelling was intentional.

                Highly unlikely. These are the people who want the Precedent to build that wall on the boarder!
                They want to Make America grate again, instead of buying pre-shredded Paramezan.
                The common clay of the Old West, you know, Morans! [knowyourmeme.com]

                • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:06AM (1 child)

                  by Anonymous Coward on Thursday April 09 2020, @05:06AM (#980499)

                  Once again you prove why democrats can't win.

                  • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:47AM

                    by Anonymous Coward on Thursday April 09 2020, @05:47AM (#980512)

                    Once again you prove why democrats can't win spell.
                    FTFY, unedumacated deplorable Moran! Good luck surviving the pandemic with no Obama Care! Oh, try some of Alex Jones silver shit, or the hydroxycarbonfiber stuff from Hannity. Too stupid to live, stupid enough to die.

    • (Score: 0) by Anonymous Coward on Tuesday April 07 2020, @07:35PM (12 children)

      by Anonymous Coward on Tuesday April 07 2020, @07:35PM (#980049)

      Let's not mince meat, the entirety of DC is guilty of the most obscene profiteering ever seen, and Trump is the face and the leader of this 10-31

      • (Score: 1, Troll) by Runaway1956 on Tuesday April 07 2020, @11:49PM (11 children)

        by Runaway1956 (2926) on Tuesday April 07 2020, @11:49PM (#980136) Homepage Journal

        the most obscene profiteering ever seen

        You do study history? Was Grant's Washington more or less corrupt than Trump's? It would be nice if you justified your answer.

        --
        Abortion is the number one killed of children in the United States.
        • (Score: 2, Insightful) by Anonymous Coward on Wednesday April 08 2020, @02:59AM (8 children)

          by Anonymous Coward on Wednesday April 08 2020, @02:59AM (#980182)

          Sorry, "the most obscene profiteering we've ever seen"

          I was wasn't around during Grant's time. I doubt you were either.

          We've had some pretty grand ripoffs in our lifetime, but this one is the mother lode, while you savages fight over the trickle down and which tyrant you're gonna suck off..

          • (Score: 2) by Runaway1956 on Wednesday April 08 2020, @04:19AM (5 children)

            by Runaway1956 (2926) on Wednesday April 08 2020, @04:19AM (#980191) Homepage Journal

            I was wasn't around during Grant's time.

            Well, you indirectly answered my question. You don't study history. Let me help you a little. Yes, Orange Man bad - but our nation has experienced worse. Mankind in general has experienced much worse.

            If you bother to study history, you would understand much better that the "literally Hitler" crowd are the real idiots today. No, Trump doesn't begin to approach Hitler. He does approach a president Grant, but he doesn't quite measure up to Grant.

            --
            Abortion is the number one killed of children in the United States.
            • (Score: 4, Insightful) by Anonymous Coward on Wednesday April 08 2020, @07:21AM (3 children)

              by Anonymous Coward on Wednesday April 08 2020, @07:21AM (#980217)

              Your history is irrelevant. We are living under the most corrupt regime of our lifetime.

              You going to reelect Trump because Grant was worse? That's really weird.

              • (Score: 1, Troll) by Runaway1956 on Wednesday April 08 2020, @08:33AM (2 children)

                by Runaway1956 (2926) on Wednesday April 08 2020, @08:33AM (#980222) Homepage Journal

                By your logic - yo mama was the worst mother of your lifetime, so she must be bad, bad, bad.

                I'd think that you were stupid or something, but you're too damned silly to actually be stupid.

                --
                Abortion is the number one killed of children in the United States.
                • (Score: 2, Insightful) by Anonymous Coward on Wednesday April 08 2020, @04:11PM (1 child)

                  by Anonymous Coward on Wednesday April 08 2020, @04:11PM (#980292)

                  Well, that made no sense whatsoever.

                  You know, you sound just as tribal as the democrats. if you keep on saying stupid shit, people are going to lose respect for you. Is that what you want? To lose all that esteem you have here?

                  • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @07:04PM

                    by Anonymous Coward on Wednesday April 08 2020, @07:04PM (#980340)

                    Going to??

                    ha, even the insular conservatives are turning against you runaway!!

            • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @08:21AM

              by Anonymous Coward on Wednesday April 08 2020, @08:21AM (#980220)

              You fucking ignorant ahistorical douche bagge of Arkansas! I barf in your general direction! I have had congress with your sister, and it was pleasant for neither of us! You are the walking embodiment of the stupidity of Trump voters, even though you claim not to have, but I bet you watched. Nothing worse than someone into Trump porn. Next comes the Golden Showers, and not even the direct ones like an honest pervert would have. You fucking Running Away from America Asshole of Incredible Proportions!

          • (Score: 2) by aristarchus on Thursday April 09 2020, @07:01AM (1 child)

            by aristarchus (2645) on Thursday April 09 2020, @07:01AM (#980518) Journal

            I was around. Pretty blatant corruption. But then, he was a General, and you learn that kind of thing in the military. Have seen it in Egyptian Greek forces, Albanians, Arian Germans and Parthians. Crusaders were some of the worst. Italian wars. Thirty Years War. 1870. Bad bad, all around. But Grant was a Republican, a carpetbagger, a grifter and Nouveau Riche. Rather like the recent immigrant family, Drumpf, or as they changed it, the Trumps. Of course, then there was Roosevelt, the Republican one, and Teapot Dome and assorted scandals of corruption and graft. Republicans. It is how they roil.

        • (Score: 5, Touché) by DeathMonkey on Wednesday April 08 2020, @09:38PM (1 child)

          by DeathMonkey (1380) on Wednesday April 08 2020, @09:38PM (#980396) Journal

          You do study history? Was Grant's Washington more or less corrupt than Trump's? It would be nice if you justified your answer.

          Grant was a Republican. That there may have been an even more corrupt Republican than the current one is just more evidence that Republicans should never hold office.

          • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:02AM

            by Anonymous Coward on Thursday April 09 2020, @05:02AM (#980498)

            just more evidence that Republicans should never hold office.

            This is true. Only the democrats could provide full employment for the blacks.

    • (Score: 4, Informative) by Anonymous Coward on Wednesday April 08 2020, @12:19AM (2 children)

      by Anonymous Coward on Wednesday April 08 2020, @12:19AM (#980149)

      To be completely frank, I don't know if I would try it even if it were proven effective. Hydroxychloroquine and Chloroquine are extremely hard on the body with all sorts of side effects and contraindications. In addition, the safety level in geriatric patients has not been establish and it is a known danger to pregnant women, breastfeeding women, and children. Heck, the CBR for Hydroxychloroquine is so bad that it got removed from the WHO's EML core.

      • (Score: 1) by Sulla on Wednesday April 08 2020, @08:25PM (1 child)

        by Sulla (5173) on Wednesday April 08 2020, @08:25PM (#980370) Journal

        That sure helps me understand the millions of extra dead in Africa, India, SE Asia, Central/South America we weren't sure about who take this every their whole lives. Thanks for clearing that up for us.

        If it works, you get an angiogram to check for pre-existing heart or circulatory issues. If you don't have any, this drug has no risks when used over a 12 day period. If you do have risks and it works, you still should not see any problems over a 12 day period as while the side effects are cumulative they are also universally reversible (unless the possible arrhythmia triggers a heart attack or stroke, but thats what the angiogram is for).

        --
        Ceterum censeo Sinae esse delendam
        • (Score: 3, Insightful) by aristarchus on Thursday April 09 2020, @05:50AM

          by aristarchus (2645) on Thursday April 09 2020, @05:50AM (#980513) Journal

          Sulla, you are practicing medicine without a license, under the guise of investment advice. Both of those are illegal, and make you a very bad person. I expected more of you in a National Emergency.

  • (Score: 2, Troll) by Sulla on Tuesday April 07 2020, @05:31PM (25 children)

    by Sulla (5173) on Tuesday April 07 2020, @05:31PM (#980022) Journal

    Just how fucking retarded are you? Almost EVERY pharmaceutical company makes this drug because its out of patent, dirt cheap, and used all over the world.

    Amneal Pharmaceuticals
    Mylan
    Teva Pharmaceutical
    Sanofi
    Novartis
    Bayer
    and the list goes on

    Name brand Sanofi Plaquenil costs $11/pill, Beyer's Resochin $6.63/pill, and generics run $0.24 to 0.80/pill. The overwhelming majority of the pills we have put in our stockpile over the last few weeks did not come from Sanofi, they came from gifts from Bayer, Israel, and India. The government is working to help Mylan reopen its old plant in West Virginia that used to be a large portion of the worlds supply, this will drive costs down and help meet demand. Is he also invested in Mylan? Because that will hurt his apparent Sanofi investment.

    If you are in the stock market at all, and have any money invested in pharma, you are also going to make a buck on this you dirty fucking hypocrite.

    On Mylan,
    https://www.ccn.com/anti-malaria-drug-linked-to-covid-19-cure-is-a-bad-investment/ [ccn.com]

    But resuming production for the drug isn’t likely to bring Mylan excessive profit margins. Already, pharmaceutical giants are offering chloroquine to the U.S. government at no cost.

    German pharmaceutical giant Bayer AG donated three million chloroquine tablets on Thursday. Bayer sells the tablet under the label Resochin.

    Israeli biotech giant Teva Pharmaceutical Industries Ltd (NYSE:TEVA) donated 10 million doses of its hydroxychloroquine drug early Friday too.

    More recent update on donations,
    https://www.thepharmaletter.com/article/novartis-and-bayer-latest-to-donate-chloroquine-for-covid-19 [thepharmaletter.com]

    Following similar announcements from Mylan (Nasdaq: MYL) and Teva Pharmaceutical Industries (NYSE: TEVA) last week, Novartis (NOVN: VX) and Bayer (BAYN: DE) have pledged huge donations of an investigational COVID-19 drug.

    Novartis’ Sandoz unit will give 130 million doses of generic hydroxychloroquine, which along with the related drug, chloroquine, is currently under evaluation in clinical trials for the treatment of COVID-19.
    Exploring further scaling back of capacity

    When supported for use in COVID-19 infected patients by regulatory authorities, Novartis intends to donate up to 130 million 200mg doses by the end of May, including its current stock of 50 million 200mg doses.

    Unless they pull a China and send us a bill for the donations, hard to make a buck when you are giving it away. Especially when you open a new factory to manufacture the drug.

    --
    Ceterum censeo Sinae esse delendam
    • (Score: 5, Insightful) by aristarchus on Tuesday April 07 2020, @06:36PM (17 children)

      by aristarchus (2645) on Tuesday April 07 2020, @06:36PM (#980037) Journal

      Pro-business Sulla, selling drug companies on the street corner! What was your point? Conflict of interest and insider trading are just the Republican way? Or is it the de-regulation and anti-science?

      • (Score: 0) by Anonymous Coward on Tuesday April 07 2020, @07:27PM

        by Anonymous Coward on Tuesday April 07 2020, @07:27PM (#980047)

        Is the situation in the EU [laegemiddelstyrelsen.dk] also down to Trump or is it just the US clinical trial? [clinicaltrials.gov] Were Chinese doctors involved in this conspiracy back in February [nih.gov] or were the reptilians sent back in time to set the whole thing up? David Icke wants to know.

      • (Score: 1) by Sulla on Tuesday April 07 2020, @09:32PM (14 children)

        by Sulla (5173) on Tuesday April 07 2020, @09:32PM (#980083) Journal

        List of drugs that might work
        https://www.fool.com/investing/2020/03/21/all-the-drugs-proving-anecdotally-effective-agains.aspx [fool.com]

        I am evidently a corporate shill for hoping that a drug that costs as low as $0.24 cents a tablet might be a better idea than,
        Kevzara at $1,597/dose
        Actemra at $123/dose
        Favipiravir at $65/dose
        Remdesivir at $900-1000 for the course

        There is also intravenous antibody treatment that appears from several articles to cost slightly more than the Remdesivir. Might also be worth noting that others in the administration also have investments in other drugs (Fauci and Gilead, maker of Remdesivir)

        The point is that anyone invested in ANY pharmaceutical companies stand to make money if hydroxychloroquine because almost every company makes it. I would implore you to find anyone invested in stocks to not have any investment in any of these companies. Indexes, mutual funds, etc, all include the pharmas that make this drug.

        https://www.marketwatch.com/story/trumps-personal-stake-in-the-malaria-drug-maker-sanofi-could-be-as-small-as-99-2020-04-07 [marketwatch.com]

        The New York Times says Trump has a “small personal stake” in Sanofi, the French drug manufacturer that produces the drug.

        The report doesn’t say how small, but it notes that his three family trusts have investments in a Dodge & Cox mutual fund whose largest holding is Sanofi. A fund that matches this description is the Dodge & Cox International Stock Fund US:DODFX, which at last check was 3.3% invested in Sanofi.

        Trump’s 2019 financial-disclosure form lists stakes in Family Trusts 1, 2 and 3 valued at between $1,001 and $15,000. So if Trump has the maximum $15,000 in each of the trusts, he holds a stake in Sanofi that’s worth $1,485 — and, at the minimum, just $99.

        It turns out he does look to have more than that modest sum invested in Sanofi, because, unmentioned in the Times report, his trusts also hold broader European stock-market index funds.

        The iShares Core MSCI EAFE ETF US:IEFA has 0.67% of its holdings in Sanofi, and Sanofi is a 0.78% holding for the iShares MSCI EAFE ETF US:EFA, which is neither surprising nor notable, in that the French drug maker is so large.

        And Trump has a small stake in basically every big company you can think of.

        In each of the trusts, the biggest fund holding is just the broader SPDR S&P 500 ETF US:SPY, in which Trump holds between $200,000 and $450,000, according to his financial-disclosure forms.

        So one could say Trump has $22,000 or so invested in Microsoft US:MSFT, and nearly as much in Apple US:AAPL.

        I went and looked and I evidently don't have any mutual funds, indexes, or stocks that would net me any boon from hydroxychloroquine working but I would challenge anyone else here to do the same.

        I would like the cheap and ubiquitous solution to work. One that the third world has extremely easy access to (US price for generic is $0.24 and half that overseas) and is easy to produce with known side effects.

        The situation we are looking at is Trump's people invested in companies sometime in 2019 and one of those companies drugs later was found out to be effective vs placebo in dealing with SARS. I would have some concerns if they stakes in a company were bought in 2020 after the results from the French researcher came out, but thats not what happened. Same could be said for Fauci who happens to have invested in a drug long ago for Ebola that showed promise for MERS and SARS. And the same would hold true for pretty much EVERYBODY else in the WORLD who has mutual funds, indexes, or stocks.

        --
        Ceterum censeo Sinae esse delendam
        • (Score: 2, Insightful) by aristarchus on Wednesday April 08 2020, @03:35AM (13 children)

          by aristarchus (2645) on Wednesday April 08 2020, @03:35AM (#980185) Journal

          Any money, over people's lives, is blood money. But then, Sulla, you spent time in Alaska, so you know about that.

          • (Score: 2) by The Mighty Buzzard on Wednesday April 08 2020, @04:30PM (8 children)

            by The Mighty Buzzard (18) <themightybuzzard@proton.me> on Wednesday April 08 2020, @04:30PM (#980296) Homepage Journal

            It's not money over anyone's lives though. All indications are that it works plenty well and damned near everyone with a 401K is going to benefit from it. That's what we call a win-win. Unless you're suffering from TDS and see everything through an Orange Man Bad lens.

            --
            My rights don't end where your fear begins.
            • (Score: 3, Informative) by DeathMonkey on Wednesday April 08 2020, @06:02PM (2 children)

              by DeathMonkey (1380) on Wednesday April 08 2020, @06:02PM (#980322) Journal

              All indications are that it works plenty well...

              Which is simply not true. [statnews.com]

              But, the President does benefit financially from you beleiving that lie.

              I wonder if that's why he keeps lying about it and silencing the expert who would correct those lies. [usatoday.com]

              • (Score: 1) by Sulla on Wednesday April 08 2020, @08:14PM (1 child)

                by Sulla (5173) on Wednesday April 08 2020, @08:14PM (#980362) Journal

                Weird then that New York and California are finding that as the amount of Hydroxyetc they use increases the number of ventilation they need and deaths they have decease. So odd. Yet again its a continuation of your hate of anything living.

                --
                Ceterum censeo Sinae esse delendam
                • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @06:11AM

                  by Anonymous Coward on Thursday April 09 2020, @06:11AM (#980515)

                  I hate your Republican ass, Sulla! And your money-grubbing, people-killing ways! But mostly your drunk posting that I cannot make sense of.

                  as the amount of Hydroxyetc they use increases the number of ventilation they need

                  Increases the need for ventilators? So makes patients worse? I do not understand.

                  and deaths they have decease.

                  Reduces the deaths they have to decrease, rather than just decreasing deaths? Is this a Capitalist Accounting thing? I don't understand what you are saying. How long have you been in lock-down, Sulla? Marius may well still be alive, you know. And, oh, he hates you, too.

            • (Score: 4, Informative) by aristarchus on Wednesday April 08 2020, @06:41PM (4 children)

              by aristarchus (2645) on Wednesday April 08 2020, @06:41PM (#980330) Journal

              All indications are that it works plenty well

              Wrong! Untrue! If you had read any rejected aristarchus submissions on this, you would know this!
              https://slate.com/news-and-politics/2020/03/didier-raoult-hydroxychloroquine-plaquenil.html [slate.com]

              Don't be a fool, Buzz! Pushing snake oil like this can, and has, killed people.

          • (Score: 1, Flamebait) by Runaway1956 on Thursday April 09 2020, @05:14AM (3 children)

            by Runaway1956 (2926) on Thursday April 09 2020, @05:14AM (#980501) Homepage Journal

            Typical douchebuggery. As Sulla has already pointed out, government efforts to reopen the plant in W. Va. actually undermine any supposed Trump and Trump's friend's interests in the product. How can they sell $50 pills, if they are readily available for a quarter, or fifty cents? Derp-a-derp.

            --
            Abortion is the number one killed of children in the United States.
            • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:34AM (2 children)

              by Anonymous Coward on Thursday April 09 2020, @05:34AM (#980506)

              Fuck off, you boomer pig fucker you! You know this is not about the money! It is about the magical thinking of the wacko right! There has to be a cure, a hundred-mile a gallon carburateur (you are fucking ancient enough to remember carburation, right, you animal abusing country fuck?), and the Greys in Area-51! No, this is all about sticking it to the libs, but with the added benefit that it will fucking kill the fucking stupid enough to believe Trump, Navarro, and Fox Neudes and take this med and then fucking die, from their fucking stupidity. Runaway? About time for your dose? Just to be safe, in case all those medical "experts" who claim in their snooty way that suggests they are so much smarter than you, because they went to college, and Medical School, and Graduate school in Medical Research. You know, those bastards who think they know better than you! Take the Hydrooxychloroquinine, Runaway! It's good for your heart, even if all you have is the fish-tank cleaner. Take it! Put your pig-fucking mouth where Donald's money is, you idiot!

              • (Score: 2) by Runaway1956 on Thursday April 09 2020, @03:08PM (1 child)

                by Runaway1956 (2926) on Thursday April 09 2020, @03:08PM (#980581) Homepage Journal

                I despise professional "wrestling", but I can see that you're about rope-a-doped. You got nothing, so post after post, you resort to vulgar insults. You could pepper the insults with some kind of facts . . . couldn't you? Errrrn, no, I guess not. Just empty minded insults.

                --
                Abortion is the number one killed of children in the United States.
                • (Score: 1, Funny) by Anonymous Coward on Thursday April 09 2020, @06:19PM

                  by Anonymous Coward on Thursday April 09 2020, @06:19PM (#980628)

                  Runaway, you are the empty-headed insult! You encephilitic Trump voter! You are as dumb as a Johnson County sheepherder! As ignorant as a pickle! As smelly as a skunk with a yellow streak a mile wide! You are complicit in Rupert Murdock's sheep dip of a news organization, you are duped by Australians, waylaid by evangelicals, used by Russian agents, and filled with Maggots! You are a traitor to your country, your gender, your race, and your species! And no body likes you. So there.

      • (Score: 1, Troll) by The Mighty Buzzard on Tuesday April 07 2020, @11:49PM

        I think his point was that anyone invested in a mutual fund of any sort that has pharmaceutical holdings is exactly as guilty, which is to say not bloody very.

        --
        My rights don't end where your fear begins.
    • (Score: 4, Insightful) by Anonymous Coward on Tuesday April 07 2020, @10:04PM (6 children)

      by Anonymous Coward on Tuesday April 07 2020, @10:04PM (#980097)

      Fucktarded corruption apologist sees nothing wrong with blatant corruption. News at 11.

      Fuck yourself Sulla, Trump is a corrupt, thieving, criminal traitor and no amount of hysterics will change those very simple facts.

      • (Score: 1, Redundant) by Sulla on Tuesday April 07 2020, @11:09PM (5 children)

        by Sulla (5173) on Tuesday April 07 2020, @11:09PM (#980116) Journal

        Is your argument that its corrupt to buy stocks at all, or are you arguing that its corrupt to buy stocks in companies after you heard they have a way to make money but before the public finds out they have a way to make money? The second is insider trading, is illegal, should be illegal, and isn't what is happening here. If you own apple stock for five years and they suddenly decide to come out with a new product that makes billions, should that be illegal? Because what you are arguing is that it should be illegal to have any investment in a company at all so long as in the future they continue to make you money.

        If hydroxychloroquine works, he was giving us news that EVERYONE ELSE ALSO SAW if they had been watching its success in China, France, Italy, New York, and California. If it doesn't work he was hawking something to make every pharma stock go up. If its the first one its totally legal and his desire for the drug will save thousands of lives. If not then its either idiocy or corruption. Unfortunately for you it appears to work and people get to live, as much as Democrats apparently hate that.

        --
        Ceterum censeo Sinae esse delendam
        • (Score: 5, Insightful) by dry on Wednesday April 08 2020, @05:02AM (4 children)

          by dry (223) on Wednesday April 08 2020, @05:02AM (#980201) Journal

          It's corrupt for politicians to not at least put everything in a blind trust while in office, including immediate family members. It's corrupt not to have an ethics commissioner or similar to look into signs of corruption. It's corrupt to fire inspector generals or whichever it is that are supposed to make sure government money goes where it was meant. It is really corrupt to be able to buy politicians in the form of campaign contributions.
          Lots more forms of corruption besides the above that America seems to specialize in.

          • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @08:56AM

            by Anonymous Coward on Wednesday April 08 2020, @08:56AM (#980225)

            But you can't put everything in a blind trust. The most obvious examples being your peanut farm or the business with the family name on it.

          • (Score: 2) by Runaway1956 on Thursday April 09 2020, @05:20AM (2 children)

            by Runaway1956 (2926) on Thursday April 09 2020, @05:20AM (#980502) Homepage Journal

            It's corrupt for politicians to not at least put everything in a blind trust while in office, including immediate family members.

            If my wife decides to run for president in 2004, I'll be damned if I disclose all of my finances, or put anything in a blind trust. All of America can line up to kiss my ass, because it ain't happening.

            Before you ask - Mrs. Runaway wouldn't be the best president we have ever had, but she damned sure wouldn't be the worst. I've said it often enough: you can look to any medium large town in the US and find a woman more qualified to be president than Hillary was/is. Well, we don't live in a medium large town or city, but the Mrs. is still more qualified than Clinton. She is debatably more qualified than some of the other people who have occupied the office, starting with Shrub, urr, Bush I mean. Mrs. Runaway wouldn't start any wars, at least, and certainly not on false pretenses.

            --
            Abortion is the number one killed of children in the United States.
            • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:37AM

              by Anonymous Coward on Thursday April 09 2020, @05:37AM (#980507)

              A pre-millennial Trailblazer? And 40 acres with no mule? In Arkansas? Your trust is already blind, Runaway. Vote Trump, again, cause he says he's rich, and who knows, might rub off.

            • (Score: 2) by dry on Thursday April 09 2020, @06:23AM

              by dry (223) on Thursday April 09 2020, @06:23AM (#980516) Journal

              Well, here you wouldn't get to far in running for Prime Minister, as in the parties would never support you. Of course it depends on what type of business you have and whether there is likely to be conflicts of interests and such.
              As long as Americans worship corrupt rich bastards, you'll be stuck getting screwed by rich corrupt bastards (or bitches)

  • (Score: 0) by Anonymous Coward on Tuesday April 07 2020, @08:17PM (17 children)

    by Anonymous Coward on Tuesday April 07 2020, @08:17PM (#980065)

    First, why not link to the actual NYT article [nytimes.com]?

    The reporters identified a number of potential conflicts of interest. But a conflict of interest isn't necessarily a problem, especially if it's disclosed properly. If these were undisclosed conflicts of interest, that actually would be unethical. And there would be a problem if there was evidence of suspicious trading activity like a pump-and-dump or trading based on insider information If the NYT identified undisclosed conflicts of interest or evidence of illicit trading activity, i suspect they would have said so. They didn't say anything of the sort. I don't see anything in the NYT article that's clearly improper.

    The disclosure of potential conflicts of interest is worthwhile information for anyone who might be making trading decisions on the basis of what Trump says. I think it's in the public interest that reporters publish this information. However, anyone who is buying stock in companies that produce chloroquine on the basis of Trump's statements and ignores the cautious statements from doctors probably deserves what they get.

    It should also be noted that Trump's only direct financial link to Sanofi is through his investments in three mutual funds that have their largest holdings in Sanofi. However, in many instances, disclosure of conflicts of interest doesn't even require listing mutual funds, provided you have no control how the mutual fund allocates its holdings. If there was evidence of Trump or any of his associates making trades on the basis of Trump's statements or actions, that would be a problem. But there's no such evidence.

    I think it's more likely that Trump is promoting chloroquine because he wants to convince Americans that the situation is under control and to generally drive up the stock market. But the reason for driving up the stock market is probably that Trump sees it as heavily influencing whether he gets reelected.

    The NYT should report this, but I see no evidence of anything improper... except perhaps a President selling potentially false hope to the American people.

    • (Score: 3, Interesting) by DeathMonkey on Tuesday April 07 2020, @09:21PM (9 children)

      by DeathMonkey (1380) on Tuesday April 07 2020, @09:21PM (#980079) Journal

      All the free advertising that the President of the United States has been giving this unproven medication would be the "Pump" in "Pump and Dump."

      • (Score: 0) by Anonymous Coward on Tuesday April 07 2020, @09:43PM (7 children)

        by Anonymous Coward on Tuesday April 07 2020, @09:43PM (#980089)

        If the dump portion of pump-and-dump occurs, then I'll agree that Trump engaged in wrongdoing. But until that happens, I don't see that Trump has acted improperly. Like I said, it's appropriate for the NYT to report this, but I don't see that any wrongdoing has occurred yet.

        • (Score: 2, Interesting) by Anonymous Coward on Wednesday April 08 2020, @12:23AM (6 children)

          by Anonymous Coward on Wednesday April 08 2020, @12:23AM (#980154)

          In the mean time, mine and many other's Lupus patients can't get their medication because of doctors giving this out for off-label use and pharmacies hoarding the stuff for possible gouging later.

          • (Score: 1) by Sulla on Wednesday April 08 2020, @08:13PM (5 children)

            by Sulla (5173) on Wednesday April 08 2020, @08:13PM (#980360) Journal

            Yeah except pharmacies have plenty of the stuff. There is forever a concern that we "could" run out, yet it isn't happening because its easy to make and supply is really high.

            t. wife is a pharmacy tech and my best friend is a pharmacist who works at a pharmacy and the board of pharmacy for the state.

            --
            Ceterum censeo Sinae esse delendam
            • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @08:26PM

              by Anonymous Coward on Wednesday April 08 2020, @08:26PM (#980372)

              Glad things are fine where you are, then. But here and many places, there are shortages and people are being denied refills. Just put "lupus prescription" or similar words in any news aggregation like news.google.com or news.bing.com or the search engine of your choice and you'll see the stories for yourself. Or, if you can't be bothered, I can do the same when I have additional time.

            • (Score: 4, Insightful) by Azuma Hazuki on Thursday April 09 2020, @12:19AM (3 children)

              by Azuma Hazuki (5086) on Thursday April 09 2020, @12:19AM (#980441) Journal

              I'm also a pharmacy tech, and, *for now,* we have enough of the stuff. For now.

              Have you noticed that all the drugs which seem or may be effective--hydroxychloroquine, an investigational monoclonal antibody, and so on--seem to modulate the immune system? What this tells me is that the damage this virus does may very well be partially self-inflicted, i.e., it makes the immune system overreact in ways which damage the body's tissues and leave it open to opportunistic infections, notably pneumonias. This is why the supposed hydroxychloroquine/azithromycin regimen might work; the azithomycin, which is an antibiotic, doesn't affect the virus at all but may be stamping out incipient pneumonia.

              --
              I am "that girl" your mother warned you about...
              • (Score: 2, Informative) by Anonymous Coward on Thursday April 09 2020, @12:30AM (2 children)

                by Anonymous Coward on Thursday April 09 2020, @12:30AM (#980445)

                Good post. For those like you who may be interested, there are possible reasons to use doxycycline instead of azithromycin [nypost.com] because of the side effects of the latter.

                • (Score: 3, Insightful) by Azuma Hazuki on Thursday April 09 2020, @12:41AM

                  by Azuma Hazuki (5086) on Thursday April 09 2020, @12:41AM (#980451) Journal

                  Yesssss! I was SO hoping the tetracycline class could be used instead of macrolides or, Madokami forbid, fluoroquinolones. Hydroxychloroquine itself is a risk factor for QT prolongation and associated heart rhythm issues (torsades most commonly), and the combination of azithromycin and HCQ made me wince when it was first brought to my attention for this precise reason.

                  --
                  I am "that girl" your mother warned you about...
                • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @05:41AM

                  by Anonymous Coward on Thursday April 09 2020, @05:41AM (#980508)

                  Or even better, 4-Hydroxybenzyl cyanide; Azuma, you are not helping by feeding the deplorables with straws at which to grasp. Stick with helping those you can. Please.

      • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @11:08PM

        by Anonymous Coward on Wednesday April 08 2020, @11:08PM (#980423)

        Better tell snopes [snopes.com]

        Where does Russia fit into this one?

    • (Score: 1) by Sulla on Tuesday April 07 2020, @09:35PM (6 children)

      by Sulla (5173) on Tuesday April 07 2020, @09:35PM (#980086) Journal

      The possibility of hydroxychloroquine has helped Indian phama stocks quite a bit, across the board their stocks are up $0.08 to 0.16 cents because they all make the drug.

      --
      Ceterum censeo Sinae esse delendam
      • (Score: 2) by DeathMonkey on Wednesday April 08 2020, @05:29PM (5 children)

        by DeathMonkey (1380) on Wednesday April 08 2020, @05:29PM (#980315) Journal

        So you're saying that the President's LIES have succeeded in pumping up hydroxychloroquine stocks such as the ones the President owns?

        • (Score: 1) by Sulla on Wednesday April 08 2020, @08:11PM (4 children)

          by Sulla (5173) on Wednesday April 08 2020, @08:11PM (#980358) Journal

          Prove its a lie, because you cant, because hydroxychloroquine is working.

          And all pharma stocks went up, ALL, because they ALL have some sort of investment in hydroxychloroquine. You have yet to show me anybody, other than myself, who isn't invested in this. Being invested in Bayer and telling someone that NSAIDS might work for a headache and you could take them, isn't fraud its the truth.

          Hopefully the president doesn't spend his possibly ill-gotten $300 in one place.

          --
          Ceterum censeo Sinae esse delendam
          • (Score: 3, Informative) by aristarchus on Wednesday April 08 2020, @08:17PM (3 children)

            by aristarchus (2645) on Wednesday April 08 2020, @08:17PM (#980363) Journal

            because hydroxychloroquine is working.

            No, it is not. This is a lie, a damned lie. The only "medical professionals" saying this are Peter Navarro and Sean Hannity. Lies, disinformation. Trump is stupid enough to fall for it, as apparently, are Sulla and TMB. Hmm, what other lies have they swallowed, hook, lie, and sinker? Or, contrary to all insistence to the reverse, do they stand to make money on the scam?

            • (Score: 1, Informative) by Anonymous Coward on Wednesday April 08 2020, @10:32PM

              by Anonymous Coward on Wednesday April 08 2020, @10:32PM (#980408)

              Let's review the facts about HCQ. Here's a good article [nature.com] in Nature that discusses its potential at treating the coronavirus.

              1) HCQ does kill the coronavirus in vitro. That's not the same as killing the virus in the body, but it is a prerequisite for further studying the potential of HCQ as a coronavirus treatment.

              2) HCQ is an anti-inflammatory agent, which could help with treating a cytokine storm, which is one of the ways the coronavirus can kill people. The anti-inflammatory properties are also why HCQ is an effective treatment for lupus.

              This, along with some anecdotal evidence, was sufficient for HCQ to be used in the SOLIDARITY clinical trial [clinicaltrials.gov], in which some other drugs [clinicaltrials.gov] are also being tested.

              If HCQ is ineffective, that should become clear pretty soon in the SOLIDARITY trial. If so, HCQ will likely be withdrawn from the study and other potential treatments will be substituted. The study also includes other drugs that may be effective such as Remdesivir and Lopinavir.

              HCQ may be working, or it may not be working. Until preliminary results from SOLIDARITY or other trials are available, it is too soon to know whether HCQ is working. Let's wait for some preliminary data from the trials before we say whether HCQ is working or not. We just don't know yet.

            • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @10:33PM (1 child)

              by Anonymous Coward on Wednesday April 08 2020, @10:33PM (#980409)

              "Hmm, what other lies have they swallowed, hook, lie, and sinker?"

              Trump's MASSIVE barbed penis?

              • (Score: 0) by Anonymous Coward on Thursday April 09 2020, @09:14AM

                by Anonymous Coward on Thursday April 09 2020, @09:14AM (#980532)

                More "mushroom shaped", according to recent eyewitnesses.

  • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @12:45AM (4 children)

    by Anonymous Coward on Wednesday April 08 2020, @12:45AM (#980157)

    We are the poppet meistros. No vitamin C, no hydroxychloriquine, no acetazolamide. Buy healthy vaccine with microchip dye.

    • (Score: 0) by Anonymous Coward on Wednesday April 08 2020, @12:48AM (3 children)

      by Anonymous Coward on Wednesday April 08 2020, @12:48AM (#980158)

      And use Ventilator. Yes! Ventilator makes 90% of patient suffer then die after two weeks while costing millions of rubles. Very healthy treatment for you.

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