Given they just had a cameo appearance in this article this week, I can’t tell if that’s synchronicity or just a critical mass of bad coming back for them.
Sundar Pichai, who previously worked at McKinsey — arguably the most morally abhorrent company that has ever existed, having played roles both in the 2008 financial crisis (where it encouraged banks to load up on debt and flawed mortgage-backed securities) and the ongoing opioid crisis, where it effectively advised Purdue Pharma on how to “growth hack” sales of Oxycontin. McKinsey has paid nearly $1bn over several settlements due to its work with Purdue. I’m getting sidetracked, but one last point. McKinsey is actively anti-labor. When a company brings in a McKinsey consultant, they’re often there to advise on how to “cut costs,” which inevitably means layoffs and outsourcing. McKinsey is to the middle class what flesh-eating bacteria is to healthy tissue.
Given how integral them and many other consulting companies are to the problems we face today, they deserve to be under investigation for more.
But where would we get our future CEOs?
It couldn’t happen to a cuntier company.
Yesss let’s gooo
Get those little pocket protector removed treating people like numbers
This is the best summary I could come up with:
McKinsey is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with federal prosecutors homing in on its work advising OxyContin maker Purdue Pharma and other drugmakers, three people familiar with the matter said.
The inquiry is focused on whether McKinsey engaged in a criminal conspiracy when advising Purdue and other pharmaceutical manufacturers on marketing strategies to boost sales of prescription painkillers that led to widespread addiction and fatal overdoses, two of the people said.
The justice department is also investigating whether McKinsey conspired to commit healthcare fraud when its consulting work for companies selling opioids allegedly resulted in fraudulent claims being made to government programs such as Medicare, they said.
Investigations are not evidence of wrongdoing and officials conducting the inquiry could ultimately pursue criminal charges, seek civil sanctions or close the probe without taking any action.
The justice department probe underscores how McKinsey’s past work advising drugmakers on opioids continues to follow the near-century-old consulting firm.
McKinsey earlier reached separate agreements totaling nearly $1 bn to settle widespread opioid lawsuits and other related legal actions brought by all 50 states, Washington DC, US territories, various local governments, school districts, Native American tribes and health insurers.
The original article contains 529 words, the summary contains 210 words. Saved 60%. I’m a bot and I’m open source!
