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Vasella & Other Novartis Execs dumped alot of stock prior to ...

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When a company is going to shit the execs are the 1st to know & the first to dump the stock.
This is like Enron part II
The institutional investors have gotten DUPED big time by NVS !
 




I am not with Novartis, nor, am I a big fan of occupy wall street. I am an average person making and average income in the medical field.

This is wrong in many ways. Who is worth $77 million. Sure, start your own company like Apple or Google it makes perfect sense. But this is almost theft. Think how far 77 million would go with the employees and families being sent to the street? A personal fortune is considered 20 million. 77 million should be enough to at least buy the guy a soul.
 




this is why you are getting fired!!!! The guy has been with the company (sandoz) for over 30 years ........he rose through the ranks and cashed out. Its called brains plus work ethic....get a clue you sales chumps

Professional background Mr. Landolt graduated with a bachelor's degree in law from the University of Paris-Assas. From 1974 to 1976, he worked for Sandoz Brazil SA. In 1977, he acquired an agricultural estate in the semi-arid Northeast Region of Brazil and, over several years, converted it into a model farm in organic and biodynamic production. Since 1997, Mr. Landolt has been Associate and Chairman of AxialPar Ltda, Brazil, an investment company focused on sustainable development, with investments in fish farming, soybean for human consumption and organic vegetable. In 2000, he co-founded EcoCarbone SA, France, a company active in the design and development of carbon-sequestration processes in Asia, Africa, South America and Europe. In 2007, he co-founded Amazentis SA, Switzerland, a startup company active in the convergence space of medication and nutrition. In addition to his private activities, Mr. Landolt has been President of the Sandoz Family Foundation since 1994 and oversees the development of the foundation in several investment fields, including hotel, watch making and telecommunications.
 




Anonymous said:
this is why you are getting fired!!!! The guy has been with the company (sandoz) for over 30 years ........he rose through the ranks and cashed out. Its called brains plus work ethic....get a clue you sales chumps

Professional background Mr. Landolt graduated with a bachelor's degree in law from the University of Paris-Assas. From 1974 to 1976, he worked for Sandoz Brazil SA. In 1977, he acquired an agricultural estate in the semi-arid Northeast Region of Brazil and, over several years, converted it into a model farm in organic and biodynamic production. Since 1997, Mr. Landolt has been Associate and Chairman of AxialPar Ltda, Brazil, an investment company focused on sustainable development, with investments in fish farming, soybean for human consumption and organic vegetable. In 2000, he co-founded EcoCarbone SA, France, a company active in the design and development of carbon-sequestration processes in Asia, Africa, South America and Europe. In 2007, he co-founded Amazentis SA, Switzerland, a startup company active in the convergence space of medication and nutrition. In addition to his private activities, Mr. Landolt has been President of the Sandoz Family Foundation since 1994 and oversees the development of the foundation in several investment fields, including hotel, watch making and telecommunications.
Click to expand...

Mr. Landolt should Know selling stock on inside info is against the law. It looks like he knew about tek and gilenya before anyone else.
 








  • RTBKPL   Jan 22, 2012 at 10:18: AM
Depending on the situation, people like Dan Vasella and others are required to schedule their sale of stocks in advance. Unlike you and I, they cannot decide on the spur of the moment to sell a boatload of stock. This does not mean that they don't see the writing on the wall and know to some degree the time frame where announcements will be made resulting in a steep price decline.

Never let the bastards get you down.

RTBKPL
 




I agree with last poster, EXCEPT, its those rich, money grubbing, unethical people (Vasella and board members) that make the decision to to make the cuts. The board and Vasella give themselves a moratorium (deadline) to unload their stocks so they don't lose money. If that is not "Insider Trading", what is? That is like making the decision to quit Novartis, work full time somewhere else, collecting a salary while collecting a salary at Novartis, and then letting Novartis know 4 months later that you are leaving. The difference is, the latter is not against the law. INSIDER TRADING IS!
 




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