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Gates Foundation Sells Off Most Health-Care, Pharmaceutical Holdings
wsjmarkets ^
| AUGUST 14, 2009, 10:06 P.M. ET
| JESSICA HODGSON
Posted on 08/15/2009 9:33:00 PM PDT by ckilmer
SAN FRANCISCO -- The Bill and Melinda Gates Foundation, the world's largest private philanthropy fund, sold off almost all of its pharmaceutical, biotechnology and health-care investments in the quarter ended June 30, according to a regulatory filing published Friday.
The Seattle-based charity endowment, set up by Microsoft Corp. founder Bill Gates and his wife, sold its total holding of 2.5 million shares in health-care giant Johnson & Johnson in the quarter, according to the filing.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: billgates; biotech; biotechnology; gates; healthcare; healthinsurance; johnsonjohnson; microsoft; obamacare; pharmaceutical; reinvestment; socializedmedicine
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1
posted on
08/15/2009 9:33:05 PM PDT
by
ckilmer
To: ckilmer
Gates doesn’t want to get caught with worthless OBAMACARE STOCK??
2
posted on
08/15/2009 9:36:15 PM PDT
by
gwilhelm56
(Orwell's 1984 - To Conservatives, a WARNING - to Liberals, a TEXTBOOK!)
To: gwilhelm56
3
posted on
08/15/2009 9:37:19 PM PDT
by
ckilmer
(Phi)
To: ckilmer
4
posted on
08/15/2009 9:39:03 PM PDT
by
al baby
(Hi Mom ;))
To: ckilmer
5
posted on
08/15/2009 9:39:55 PM PDT
by
lapsus calami
(What's that stink? Code Pink ! ! And their buddy Murtha, too!)
To: ckilmer
They are in on something that we peons will find out about later after it’s too late.
6
posted on
08/15/2009 9:41:48 PM PDT
by
fish hawk
(Lord, help us to attain knowledge and the wisdom to apply it toward your ultimate will.)
To: fish hawk
Yeah, someone with some insight to the inside has smelled blood in the water.
To: ckilmer
Obviously Gates thinks Obamacare isn’t going to pass in any form.
We need to be alert. As Dick Morris said, Obama wants this thing passed in ANY form so that once the Act is law, it can be changed through “policy” changes.
Keep fighting !
To: ckilmer
What do they know that we don’t?
9
posted on
08/15/2009 9:52:33 PM PDT
by
mort56
(He who would sacrifice freedom for security deserves neither. - Ben Franklin)
To: ckilmer
Too much risk going into September when Congress returns from recess.
Sell or short pharma and healthcare stocks because they will be in the cross hairs of Congress and Obama.
Then if the healthcare bill fails, buy back in.
No mystery here. But thanks for posting.
10
posted on
08/15/2009 9:55:49 PM PDT
by
Hostage
To: ckilmer
11
posted on
08/15/2009 9:56:21 PM PDT
by
lowbridge
(Obamacare: Pulling the plug on Grandma.)
To: ckilmer
Bill and Melinda Gates ... sold off almost all of its pharmaceutical, biotechnology and health-care investments in the quarter ended June 30, 2009.
When a multi-billionaire like Bill Gates pulls nearly all of his money out of particular industry sectors, PAY ATTENTION. Bill Gates is very likely in a position to know much more of the internals about Obamacare than most of the general public.
12
posted on
08/15/2009 9:57:05 PM PDT
by
pyx
(Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
To: ckilmer
Attempting to tank the health care market to create a new crisis the government can save us from? After all, you should never let a crisis go to waste.
To: ckilmer
Any WEALTHY liberal has NO STAKES in U.S. companies. They KNOW it's a losing proposition. Their WEALTH is OFFSHORE. Soros, Buffet ... they've ALL done it already. Gates is LATE to the wealthy with drawl.
14
posted on
08/15/2009 9:58:33 PM PDT
by
nmh
(Intelligent people recognize Intelligent Design (God).)
To: pyx
Europe was once a leader in pharmaceuticals till socialized medicine took over.
To: ckilmer; jimrob
16
posted on
08/15/2009 9:59:06 PM PDT
by
pyx
(Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
To: al baby
Yes, Gates is a LIBERAL and SUPPORTED the Obomination.
This is a CLEAR message to you.
These holdings will be WORTHLESS soon.
17
posted on
08/15/2009 9:59:54 PM PDT
by
nmh
(Intelligent people recognize Intelligent Design (God).)
To: ckilmer
*DANG!*
Zer0 & his Marxist Acolytes, Won't like this @ all. 
...and the U.S. markets...*whistle*
18
posted on
08/15/2009 10:02:46 PM PDT
by
skinkinthegrass
(Zer0 to the voter: "Welcome to 'MY' DeathCARE ® Plan"...Sucker! ...now just die. :^)
To: al baby
Did Gates support Obama?
I bet he did......what else can you expect from an atheistic, ‘god in his own mind’ type?
19
posted on
08/15/2009 10:05:04 PM PDT
by
Outlaw Woman
(Hey............How's that Hope and Change Thingy workin' for ya?)
To: ckilmer
What else did they sell?
This may have been in a bundle with a whole lot of other stuff.
20
posted on
08/15/2009 10:07:16 PM PDT
by
netmilsmom
(Psalm 109:8 - Let his days be few; and let another take his office)
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