Is Fred Eshelman putting on the red light?

This statement is even more ambiguous than his usual blather:

Though the company says it usually doesn’t comment on speculation, Executive Chairman Fred Eshelman said, “We are not engaged in any discussions around a combination with other clinical research providers.”

Of course PPD's stock is up, since those Wall Street idiots love it when somebody says something they can't comprehend. If we're lucky, Eshelman will declare "mission accomplished" here and move to another state so he can fuck up its government. I usually don't condone pushing my problems on somebody else, but...

Comments

The red light

Fred is just fulfilling the tradition of the world's oldest profession, whoring for whoever will have him ... as long as the price is right.

He operates with the same moral bankruptcy as Thom Tillis. They both made fortunes doing work required by government regulation, even as they spend their lives demeaning the role of government. If it weren't for the FDA, Eschelman wouldn't even have a business to sell.

Fred

This is so true, if not for the FDA PPD wouldn't be worth much.

BlueNovember2010