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[–] 29 points 3 years ago (1 child)

Yeh, sure. Let's trust the corporation that is discontinuing the sale of talc based baby powder world wide, and is wanting to settle for $9 billion.

Either JNJ are actually doing the right thing here... or they are cutting losses, protecting themselves, looking after shareholders, whatever.

Maybe it's cheaper than trying to recover from such a PR disaster.
Maybe turns out that cornstarch is cheaper/easier for baby powder, and $9b gets rid of a problem, solves marketing issues of cornstarch, and has long-term savings.

Maybe I'm wrong and paranoid.
But I don't trust JNJ

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