PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Arthur Radley who wrote (273260)	7/11/2002 3:57:56 AM
From: Arthur Radley	Read Replies (1) of 769670

A new day and another SEC investigation..... "SEC opens Bristol-Myers investigation By By Adrian Michaels in New York Jul 11 2002 04:00 US regulators are investigating whether Bristol-Myers Squibb, one of the world's largest pharmaceuticals companies, inflated its revenues by $1bn last year. Company officials have met the Securities and Exchange Commission to discuss the circumstances behind sales to drug wholesalers that boosted inventories to unsustainable levels. Regulators are asking whether the company gave inappropriate incentives to wholesalers to help meet 2001 earnings expectations.

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