Forgotten? Michael Moore's Invested in Pharmaceuticals and Healthcare
Posted by Dave Pierre
NewsBusters.org
June 25, 2007 - 08:19.
Michael Moore's new documentary, Sicko, challenges U.S. healthcare. Yet in the coverage of the film, some interesting facts about Moore appear to be ignored. These facts are addressed on page 53 of the bestselling book by Peter Schweizer, Do As I Say (Not As I Do):
<<< [Moore's] IRS forms make for interesting reading. Over the past five years, Moore's "savings account" has included such evil pharmaceutical and medical companies as Pfizer, Merck, Genzyme, Elan PLC, Eli Lilly, Becton Dickinson, and Boston Scientific. "Being screwed by your HMO and ill-served by pharmaceutical companies is a shared American experience," he recently told the Detroit News ... He may savage HMOs in his film Sicko, but he has also owned shares of Pharmacia Corporation and Tenet Healthcare. He may have liked their price-to-earnings ratio.
Note: The first edition of Schweizer's book is dated November 2005.
If any reviewers have mentioned the above facts in their reviews, I've missed it. If you've found one, maybe you can post the link to the review below.
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