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One company, TAP Pharmaceutical Products, Inc. has already been fined $875 million for "fraudulent schemes for pricing, sales, and marketing" its prostate cancer drug Lupron -- the largest health-care fraud settlement in history. And last week, Schering-Plough agreed to pay $500 million in fines to the federal government because of long-term quality control problems at its plants. Investigators are predicting more guilty pleas and hefty settlements. If the Feds keep it up, this could be the cure for the growing budget deficit.

Since we so often lament the terrible injustices that surround us, let's take a moment to celebrate this rare instance of chronically corrupt corporations getting a helping of their just desserts. Maybe we can even patent it. Until then, a generic toast to the drug industry: Here's to you, boys. You asked for it. You got it. We can only hope there's more to come.

 

 

LANSING -- State lawmakers and Gov. John Engler will have to come up with a way to patch a $368 million hole in the state's general fund budget, and they have less than five months to deal with the problem before the fiscal year ends, state economists said Thursday.  05/16/02