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| Merck recorded revenue it never collected - Jul. 8, 2002 by Decius at 12:21 pm EDT, Jul 8, 2002 | |||
"NEW YORK (CNN/Money) - Merck & Co. shares tumbled Monday after a Securities and Exchange Commission filing by the company revealed that more than $14 billion, or 10 percent, of revenue reported since 1999 was never actually collected by the company. " More, More, More! (What I find most amazing about this is how LITTLE the stock has dropped. Investors are far more interested in punishing tech and telecoms then pharms, even when the fraud is many times greater.) | |||
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