PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Raymond Duray who wrote (271201)	7/8/2002 4:48:35 AM
From: Arthur Radley	Read Replies (3) of 769670

Well! It's Monday morning and time for the scandal of the week. Hey! Shrub could you move up your speech scheduled for tomorrow...this growing weekly scandal list is getting to large to keep the players straight. So far we have YOU, we have your boss Dickie "Stick it To You" Cheney, we have Kenny Boy, we have Bernie the Bearded One, Koz the Wizard, and now we have: "Merck booked $12 bln in Medco sales Shares tumble in light volumes in Europe By Emily Church, CBS.MarketWatch.com Last Update: 4:00 AM ET July 8, 2002 LONDON (CBS.MW) - Shares of U.S. drug maker Merck & Co. dropped 12 percent in euro trading in Frankfurt on Monday amid a report the drug maker has recorded $12.4 billion in revenue from its pharmacy-benefits subsidiary that it never collected. Merck's Medco unit booked the revenue over the past three years, the Wall Street Journal reported, citing a Friday Securities and Exchange Commission filing from the company. Medco's revenue included the co-payments collected by pharmacies even though the unit doesn't receive the co-payments.

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