1976 Swine Flu Fraud - CBS 60 Minutes

2 years ago
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Documentary by CBS 60 Minutes on the Swine Flu fraud of 1976. It went on air once, and was never shown again.

-You thought James Bond had a license to kill! See below...
On April 8 1976, an official from the Federal Insurance Company informed Merck & Co., a manufacturer of the swine flu vaccine, that it would exclude indemnity on Merck's product liability for the swine flu vaccine on July 1, 1976. T. Lawrence Jones, president of the American Insurance Association, informed the Office of Management and Budget that the insurance industry would not cover liability for the vaccine unless the government extended liability protection. The chairman of Merck wrote a memo a day later, April 13, to various government agencies, including the White House emphasizing the "duty to warn". In May, other vaccine manufacturers including Marion Merrell Dow, Parke-Davis, and Wyeth, were notified of indemnity problems by their respective insurers. Assistant Secretary Theodore Cooper (HEW) informed the White House on June 2 that indemnity legislation would be needed to secure Merrell's cooperation. In June, other vaccine manufacturers requested the same legislation. A little more than two weeks later, the Ford administration submitted a proposal to Congress that offered indemnity to vaccine manufacturers.

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