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Boston Scientific Corporation Message Board

  • jbl111 jbl111 Apr 13, 2010 3:02 PM Flag

    FDA or the SEC should shut this place down

    With the corporate warning letter still in effect and the mess at CRM, and now the possible corruption with the stock, this place needs to be shut down. Let the big three supply the devices to the public, not this also ran company.

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    • But if they shut down CRV, where would you work? What other company would higher a whiner like you.

      • 1 Reply to randomwisenheimer
      • First of all learn how to spell. Second of all I saw the writing on the wall and left when the useless PRV was announced after the purchase. Thirdly due diligence was not performed well by BSX because corporate did not and does not have the expertise in Mfg. Systems. The seller disclosed what they had too. BSX relied on the Seller being honest and at the same time let their ego get in the way. BSX will pull out of it eventually but will they be the same company, I don't think so.

    • CRM should be shut down and sold off to some vulture equity firm. Let BSX live on as a smaller company, which would include the neurovascular, neuromodulation, peripheral vascular, cardiac stents and Endo/uro/women's health divisions. Guidant has been a huge drag on the rest of the company. It's crushing debt service sucks up all the free cash that the other divisions generate, which in turn forces other divisions to cancel R&D projects. BSX should stop aspiring to be the next JNJ or MDT. Peter Nicholas has a severe ego problem which resulted in him buying Guidant, to feed his megalomania.

 
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