“It’s a case about greed.”
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As for the concurrent Sackler Family Values trial:
… Purdue executives determined — and recorded in secret internal correspondence — that doctors had the crucial misconception that OxyContin was weaker than morphine, which led them to prescribe OxyContin much more often, even as a substitute for Tylenol.
Hey! I coulda had a opiate!
Unlike benighted Yeshiva University which, when stories of the arrest of their esteemed trustee/treasurer Bernie Madoff broke, went into full silence, denial, web-erasure, Bernie who?, we’re a victim mode, the University at Buffalo, on receiving today’s atomic bomb about mega-donor and (wait for it) pharmacy school namesake John Kapoor, quickly and admirably issued a statement.
That’s the way you’re supposed to go when something grand and consequent and deeply embarrassing happens to your university: spit it out. Acknowledge it. And then when – inevitably – you have to blast the Kapoor name off of the building his massive fatal peddling of fentanyl has turned into a sick joke, you have as it were laid the groundwork for the blasting.
There’s a long description of the Kapoor caper here. To save time, here’s UD‘s paraphrase of it, a sentiment out of Norman Mailer:
THE SHITS ARE KILLING US.
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Thanks, dmf.
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Inaugurating the building soon to be renamed the Kermit West Virginia Memorial Hall.
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[Kapoor’s] Insys even made a video featuring a sales rep dressed as a giant fentanyl spray bottle, rapping and dancing to a song that pushed the idea of getting doctors to prescribe higher doses…
In honor of history’s biggest tax evader, Jesse Jones has renamed itself The Jesse James School!
As Fran Lebowitz notes, you earn a million; you steal a billion. And the honorable Robert Brockman has devoted his life to demonstrating the truth of that statement, hiding record-setting billions in Switzerland and other fabled havens. Sudden-onset dementia unfortunately gripped the man the moment the indictment came down, and now he’s apparently staggering around trying to find his ass with two hands. Forget finding the money. What money. Let the man die in dignity.
The 39-count indictment includes wire fraud, tax evasion, money laundering, and destruction of evidence, among other charges. These crimes make up a nearly 20-year plot to conceal income in offshore accounts.
He sat on lots of university boards, and while some, like the Baylor School of Medicine, seem to have gotten out in front of the story (speaking of which, lucky Centre College! The whole school might well have been renamed for the world’s biggest white collar criminal.), Jesse James still has his big-shot page up.
Brockman, known for being rather reclusive (wonder why), also gives big money to Ted Cruz and Rick Perry. His name is as prominently plastered on Rice campus buildings as the name Kapoor is at Binghamton, Wyly at Michigan, and Kozlowski and Brennan at Seton Hall.
The Brockman Hall for Opera stands next to the existing Alice Pratt Brown Hall, forming the Brockman Music and Performing Center. Additionally, in 2011, President David Leebron and Rice Board of Trustees Chair Jim Crownover thanked the A. Eugene Brockman Charitable Trust for its centennial gift at the unveiling of the Brockman Hall for Physics.
There’s a poignancy to all those music halls, because if Brockman’s co-conspirator hadn’t sung so loudly to the Justice Department he wouldn’t be going to jail.
Some world, huh? A notorious, spectacular, criminal cavorts about doing his thing for decades during which plenty of people squawk about him (just like they squawked about Yeshiva University treasurer Bernie Madoff!) but nothing happens except that he sits on high-profile university boards and has his name emblazoned for the ages on university buildings.
From a documentary about the pride of SUNY Buffalo, Mr Fentanyl himself, John Kapoor.
It makes for GREAT viewing. And this is only the teaser!!!!
Background here.
Our school of pharma doth deplore
The racketeering John Kapoor.
We’ve ordered a slurry
Cuz we’re in a hurry
To sandblast his name from the door.
[UPDATE as the trial begins tomorrow:
Also on trial is Sunrise Lee, a former stripper who, as an Insys sales manager, enticed physicians into writing more prescriptions, prosecutors said. “Doctors really enjoyed spending time with her and found Sunrise to be a great listener,” another manager, Alec Burlakoff, told colleagues, according to court filings.]
Kapoor Hall, the fancy pharmacy school building at the University of Buffalo, was dedicated only a few years ago, with a big ol’ ribbon-cutting ceremony and all. John Kapoor himself was there to share his inspiring immigrant story, along with tips on how to run a profitable pharma concern with integrity.
Did UB have any inkling when it took his money that, this Monday, Kapoor’s trial, for “conspiring to pay doctors bribes and kickbacks that were disguised as fees for speaking events,” will put quite the spotlight on their decision to monumentalize him? Since Kapoor’s arrest (and the guilty pleas of several of his company’s executives; and the guilty pleas or upcoming trials of a number of bribed doctors — one of whom is a GW grad! This guy “ignored and bullied patients who resisted staying on the powerful pain-killing spray.”), the school has gone this way and that on whether to sandblast the name of a man who basically shoved for-cancer-pain-only fentanyl down the throats of thousands of people who came to their pusher-doctors complaining of sore knees and elbows. Some of those people are dead; quite a few are addicted; and far be it from UD to deny that this represents one logical and popular way to earn billions in the pharma trade… But the question before us is: Wouldn’t a little due diligence (given how relatively late in his criminal career UB did business with him) have spared Buffalo a good deal of trouble and embarrassment?
… which the university will ignore.
[T]he Tufts administration still has not openly acknowledged the [opioid merchants] Sacklers’ role in fueling the opioid crisis. In light of the recent exposés, Tufts should publicly recognize its own complicity in receiving money tainted by the epidemic, resolving to take an active stance against it. In order to align its values, Tufts should change the name of its biomedical school to better reflect the mission of the institution. With any remaining funds from the Sackler family, Tufts should fund research grants for the opioid crisis and further support outreach programs for its victims.
[President] Monaco and the Tufts Board of Trustees should revoke the honorary degree conferred on Raymond Sackler posthumously. There is past precedent for this. Bill Cosby, although never found guilty of sexual assault, had his honorary degree revoked by Tufts. Someone the university has honored has committed an egregious moral, if not illegal, offense, and the university must withdraw its support.
Tufts won’t ignore the, er, Sackler problem forever. But, like Yale, it will hem and haw and harrumph as long as it possibly can.
Will it, like SUNY Buffalo, still burdened with the risible Kapoor School of Pharmacy, decide (Buffalo will probably decide – especially if their man goes to jail) to desacklerize (Clever, UD. Why is it clever? Because it’s very close to desacralize, see.) its biomed school?
Probably. The Sacklers are still dumping their opioids all over Asia. But the decision will be long in coming. From Yale and from Tufts we will hear a long involved contradictory emotional story about what a blessing opioids have been for the world though unfortunately… I mean, to be sure…
Bloomberg describes the art of appraisal.
[Two art] appraisers [attempting to appraise an Anish Kapoor work, Hole and Vessell II,] honed in on two [of his] pieces as the most comparable to [it]… One, Mother as a Ship, which looks like a blue canoe, sold for $321,600. The other, Untitled 1984, which appears to be a red, wall-mounted daisy, went for $142,400. To determine whether Hole and Vessel II was worth more or less than the two other sculptures, the appraisers resorted to their own aesthetic judgments.
The assessments, it turned out, partly hinged on their opinions of the so-called voids, or the concave holes in Kapoor’s work. While the circular opening in Hole and Vessel II is about 1 foot in diameter, similar to the hole in the middle of the daisy in Untitled 1984, the void in Mother as a Ship spans the 7-foot length of the boatlike work. After looking at photos of these sculptures, [one appraiser] surmised that Hole and Vessel II had a lower value, much like Untitled 1984, due partly to their similar voids.
[The other appraiser] disagreed. He said the void in Hole and Vessel II, which he said could be compared to a vagina, helped make the sculpture more sexy than Untitled 1984.
“Isn’t that slightly sensuous?” Brown says. “That means I think the market will go for it.”
He concluded that the cone-shaped sculpture was worth as much as three times the flowerlike work.