It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by TeslaandLyne
I just thought of what if.
The investors were not so greedy and invested like the rest of us
the stock market would have been a lot higher over the years
and avoided the 'toxic' assets by investing in real assets.
Always avoid no assets like ENRON.
One company was named Cytokine Networks, and it was owned by Picower's nonprofit organizations, to which any profits from the sale of a potential blockbuster drug like CNI-1493 would flow. Cytokine Networks originally held the license to CNI-1493 and other discoveries.....
.....Picower's stake in the merged company is hard to assess because the company is not publicly traded. However, a Merrill Lynch report once valued Picower's shares as high as $67-million.
These are the shares Picower pledged, but has not yet given, to charity.