iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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CEO of $MRK Resigns From Trump’s Economic Council, Says He’s Taking a Stand Against Intolerance and Extremism

Kenneth Frazier, CEO of Merck Pharmaceuticals, resigned from the President’s manufacturing council today, citing Trump’s lack of personal indignation to the events in Charlottesville as a reason.

Frazier joins Elon Musk in deciding to leave the council, which has triggered the President to attack him on Twitter.

Just to recap, Frazier was a good guy up until today’s resignation. Now he presides over an evil corporation who sells drugs at ‘ripoff’ prices. Did I say ripoff? I meant to say RIPOFF.

Here are the other execs on the President’s council.

Andrew Liveris, The Dow Chemical Company
Bill Brown, Harris Corporation
Michael Dell, Dell Technologies
John Ferriola, Nucor Corporation
Jeff Fettig, Whirlpool Corporation
Mark Fields, Ford Motor Company
Ken Frazier, Merck & Co., Inc.
Alex Gorsky, Johnson & Johnson
Greg Hayes, United Technologies Corp.
Marillyn Hewson, Lockheed Martin Corporation
Jeff Immelt, General Electric
Jim Kamsickas, Dana Inc.
Klaus Kleinfleld, Arconic
Brian Krzanich, Intel Corporation
Rich Kyle, The Timken Company
Thea Lee, AFL-CIO
Mario Longhi, U.S. Steel
Denise Morrison, Campbell Soup Company
Dennis Muilenburg, Boeing
Elon Musk, Tesla
Doug Oberhelman, Caterpillar
Scott Paul, Alliance for American Manufacturing
Kevin Plank, Under Armour
Michael Polk, Newell Brands
Mark Sutton, International Paper
Inge Thulin, 3M
Richard Trumka, AFL-CIO
Wendel Weeks, Corning

Markets are set to surge today. I will be traveling all day, figuring out how not to fall off sides of mountains. I’ll check back in with your lads this evening.

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26 comments

  1. riotact

    More of them will drop out.

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    • soupbone

      In reality, resignations are to be merried over. Bring them on.

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  2. rigged game

    “People” don’t give a shit about statues of some 1860’s Generals. The DO give a shit
    about gang shootings and drug dealings, cornrowed hair, pants falling down below
    their ass, long painted fingernalis that look like vulture claws, a language that is NOT
    English, gold and silver shit stuck into faces and tongues and ears, a slouchy walking
    gait, unlaced tennis shoes, and a super-touchy demeanor and a generally bad attitude.

    Why didn’t the Merck president and Trump address THIS stuff, which pisses people off?

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  3. NotGekko

    Don’t let the door hit you on the ass….

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  4. sarcrilege

    Such a lame excuse from Frazier.

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    • jonnybegood2

      Sac, If Trump specifically called out the KKK, neo-nazis, white supremacists, would he lose your support? realizing you already do not support his neocon alter ego…

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      • sarcrilege

        Trump would gain my support if he called out bad actors within the deep state. Whether Trump calls out those on the left or those on the right is not relevant:
        https://tinyurl.com/y74u8val

        as neither represents me or the people that don’t want to be victimized by the relentless destruction of their culture, religion, race, family, heritage and community so the hofjuden’s monopoly on creation of credit ex nihilo is not threatened by united peasants who just may wake up one day and behead these demented sociopaths. By promoting social division, self indulgence and “tolerance” i.e. miscegenation, atheism, nihilism, multiculturalism, migration, globalism, sexual “liberation” and homosexuality, the zionists and their lackeys are reducing humanity to a uniform dysfunctional and malleable mush.

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  5. Cricket

    CEO snowflakes of color. Bye bye.

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  6. bushwacker2

    I hope they all quit. Then the Orange President can rule over all the manufacturing in this country and impose his will as he sees fit. All these weak-minded syllable examining pin heads have nothing better to do but whine about the pathetic world they’ve created and espouse their false humility and immorality. First wipe that shit-eating grin off your faces, do a self-critique and then clean up you own cities.

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  7. Cricket

    Well, now if I were President of this land
    You know, I’d declare total war on the pusher man
    I’d cut if he stands,
    And I’d shoot him if he’d run
    Yes, I’d kill him with my Bible
    And my razor and my gun

    God damn, the pusher
    God damn, the pusher
    I said God damn, God damn the pusher man

    The Pusher, Steppenwolf (1968)

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  8. joyous__ending

    CEO looks petty and Trump returns the pettiness.
    President Donald squanders so many opportunities to look good.

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    • soupbone

      There is no time for looking good.

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    • ironturd

      Petty about the leader of the free world’s kkk-endorsed and embraced response to a race rally’s innocent victim of a murderous racist’s intentional vehicular homicide?!

      The president doesn’t squander good opportunities to look good, he just doesn’t give a fuck and measures his success in terms of what he gets away with. He’ll always push the line until it breaks and will dog whistle his way to the closest thing possible to an auteur’s vision of a White Trump America presidency. He absolutely knew his response to this event would be globally scrutinized and shape people’s views of him, and he intentionally avoided going over it with anybody on his team. That makes him more than an idiot, but a completely irresponsible leader and selfish megalomaniac. He’s a RIPOFF president for you Trumpkins.

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  9. stockslueth

    Intelligence Study Links Low I.Q. To Prejudice, Racism, Conservatism.

    The study, published in Psychological Science, showed that people who score low on I.Q. tests in childhood are more likely to develop prejudiced beliefs and socially conservative politics in adulthood.

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  10. skulduggery

    Kenneth, the intolerance is coming from the Left. If it keeps up, the Right will begin intolerance. Wise up.

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  11. acehood

    When is Fly’s next attempt to morally equate Neo nazis with “leftists”. Can’t wait!

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  12. J Adabese (your pen pal)
    J Adabese (your pen pal)

    None of your bloggers are blogging.

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  13. J Adabese (your pen pal)
    J Adabese (your pen pal)

    Ramp Capital hasn’t blogged in 40 days, LOL.

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  14. oldmantrader

    Not a smart move in my opinion. It is too easy to demonize a drug company and high drug prices. Trump has a long memory. Look for legislation to allow the import of cheaper drugs. Most of the jackasses in congress would not oppose it for fear of losong reelection. Congratulations Mr. CEO you have cost your shareholders billions.

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