Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Poison Baby Formula Doesn’t Stop Greedy Corporation From Boosting Profits
Posted
May 13, 2022
Views
33,259
Likes
1,697
Comments
751
Engagement
7.36%
May 13, 2022
33,259
1,697
751
7.36%
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13:02Now PlayingOne cause of the baby formula shortage has been revealed as the manufacturer Abbott Nutrition invested in stock buybacks and shareholder dividends instead of fixing failing machines that directly led to the growth and spreading of bacteria. A former employee blew the whistle on the company’s failing drying machines where bacteria would grow inside of defective pipes and be passed into their products. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 68 pm ET.
Read more HERE:
"So, the origin of the baby formula pocalypse was Abbott management's refusal to repair dilapidated and failure-prone drying machines turning the plant into proverbial petri dishes for cronobacter, because... They needed that $5.73 billion for stock buybacks, obvs"
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