And you wonder why the AMRN went down prior to ADCOM and thousands of puts were bought the day before.
Look folks. We are screwed. This country is on its way out. A few years ago it was national news that a certain someone had not paid their taxes. As punishment for this transgression they made him secretary of the treasury. His boss, the person that appointed him in spite of his tax fraud, went on to get re-elected as president.
Hamburg and her husband need to be taken down when the dust settles on the 15th ....... Big money was lost here due to these corrupt MF's .... not to mention a few BP's who undoubtedly added to the pie ...... This wench and her husband have been blatantly conducting their multi million $ business scheme and tugging on Supermans cape for years ...... When is enough enough ... ??? For the SEC, it wouldn't take much to connect the dots with his hedge fund ... who placed that 20,000 put minutes before the bell the evening before the FDA handed down their decision the next day ???
The Medallion Fund paid Dr. Hamburg between $1 million and $5 million last year, and more than $4 million to trusts held by her and her family.
Renaissance is currently the subject of some investor complaints because RIEF, held mostly by outside investors, has been losing money, while the Medallion fund, held nearly exclusively by Mr. Simons and his colleagues, racked up big gains. Renaissance managers say RIEF never was advertised to provide the same returns as Medallion, which they say has a different investing strategy.
This is horrible. If there is an ounce of integrity left in her, she should resign as the head of the FDA. Makes me wanna puke just thinking about it. How is she still the head in spite of this?
Her husband is the 2nd in command at the Renaissance. Third largest hedge fund in the world and he also ranks in the top 25 hedge fund earners in the world. No conflict of interest there!!! (please note extreme sarcasm)