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by tstrimple
1422 days ago
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I don't think the American public cares too much about products which cause cancer. Certainly not enough to punish companies from a sales standpoint. Johnson & Johnson have known for decades that they sold talc powder contaminated with asbestos and was killing people, but consumers never punished them for it. You can't even tell by looking at a graph of the last 5 years of JNJ stock when this news came out and were fined for it. It didn't make a dent. They won't even pay the fine. They spun up a new company to own the liability and are declaring it bankrupt instead. They *STILL* sell asbestos talc powder outside the US and Canada. https://www.reuters.com/investigates/special-report/johnsona... |
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