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Old 11-01-2005, 12:24 AM
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Default Re: Follow-Up on Bill Gates Foundation

Another example of someone with deep-deep pockets who seems to have a social conscience. I'd like to think that if I had a gazillion dollars I'd do more with it than just build an $85mm "home."

The cynic in me questions the "sincerity/concern" of the GSK CEO...

[ QUOTE ]
"We cannot expect to make a profit in the traditional sense," said Glaxo Chief Executive Officer Jean-Pierre Garnier, because needy recipients can't pay market price for hard-to-develop vaccines. "I do it because it's the right thing to do and... because it's a very exciting adventure for our scientists."

[/ QUOTE ]

I can't help but wonder if the "profit in the traditional sense" reference actually means, "We're cutting our margin because this is the biggest friggin' order we ever got from one source! Cool it, shareholders!"
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