Skip to main content

Gardiner Harris on Johnson & Johnson's Controversies and Dark History

CNBC TelevisionJune 2, 202511 min13,603 views
32 connections·36 entities in this video

The Dark Secrets of Johnson & Johnson

  • 💡 Author Gardiner Harris, former NYT reporter, details Johnson & Johnson's history of fraud in his book, "No More Tears."
  • 🎯 J&J is contrasted with companies like Enron and WorldCom, with Harris estimating the company is responsible for roughly 2 million deaths.
  • 🔑 A key takeaway is how J&J's mission statement, the Kredo, may have obscured deeply problematic corporate behavior.

Corporate Fraud and Accountability

  • ⚖️ While executives in other major fraud cases went to jail, Harris notes that J&J pleaded guilty to criminal charges, but individual executives were rarely prosecuted.
  • 📈 Grand jury files obtained by Harris suggest prosecutors found it too difficult to prosecute individual executives.
  • ⚠️ J&J is accused of knowingly selling products that not only didn't help but actively harmed and killed people, including targeting babies.

Opioid Crisis and Cancer Drugs

  • 💊 Regarding the opioid crisis, Harris states that J&J products were found in 60% of morgue bodies during the prescription opioid crisis, compared to 20% for Purdue Pharma.
  • 🔬 J&J sold a popular cancer drug in the 90s and 2000s that Harris estimates cost 500,000 lives.

Talc Controversies and Asbestos Contamination

  • 👶 J&J knowingly sold Johnson's baby powder contaminated with asbestos for decades, despite knowing the risks.
  • 🔬 The FDA commissioner recently declared talc a carcinogen, largely due to the inability to remove asbestos contamination.
  • ⚠️ Talc and asbestos are chemically similar, and it's nearly impossible to mine talc without some asbestos contamination.
  • 🚫 Despite other companies transitioning away from talc in the 70s and 80s, J&J stubbornly continued to use it.

Questionable Drug Practices

  • 💔 A heartburn drug called Propuls, tested in 20 trials on babies, showed no benefit but was marketed quietly, leading to heart arrhythmias and infant deaths.
  • ⚠️ Harris repeatedly emphasizes that J&J knowingly sold products that offered no patient benefit but carried significant risks.
Knowledge graph36 entities · 32 connections

How they connect

An interactive map of every person, idea, and reference from this conversation. Hover to trace connections, click to explore.

Hover · drag to explore
36 entities
Chapters5 moments

Key Moments

Transcript41 segments

Full Transcript

Topics12 themes

What’s Discussed

Johnson & JohnsonGardiner HarrisNo More TearsCorporate FraudAsbestosTalcOpioid CrisisCancer DrugsProduct SafetyPharmaceutical IndustryMedical InnovationFDA
Smart Objects36 · 32 links
Products· 9
Companies· 8
People· 3
Events· 2
Concepts· 12
Media· 1
Location· 1