Friday, April 06, 2007

Bad Days and Good Days for the leaders of the industries of drugs

The Ontario Provincial Police, RCMP and Toronto Police were busy on Thursday, holding their press conference with a good deal of satisfaction over their infiltration and subsequent arrest of members of the Hell's Angels in Canada.

An eighteen month investigation led to a number of arrests on Thursday, aided by an undercover operative who is described as a "full patch member" of the outlaw motorcycle gang, who decided to lend assistance to the combined forces of law enforcement.

And while he will no doubt be well rewarded( and relocated we assume) for his efforts, we somehow doubt that his reward will be quite as financially liberating, as the golden handshake just given to another gentleman who also has made a few dollars in the drug business, all be it the legalized version.

Glenn Murphy the Chairman and CEO of the Shoppers Drug Mart chain has left the top job at Shoppers, with almost $32-million in stock options plus an “enhanced” non-compete deal that will pay out close to $4-million over the next two years.

That's in addition to $2.7-million-plus in compensation last year, including a bonus of almost $1.5-million, not to mention the almost $18-million in unexercised options still awaiting a decision.

Not a bad haul for a six year run as the top bean counter of those who count the pills and recommend the most appropriate perfume.

Murphy, who is in his mid fourties is thinking of working overseas as his next challenge, though with a personal float of some forty million dollars, he need not look too hard for that next challenge.

No final tally was provided by the police regarding their efforts against crime today, but it is said to have put a major dent into the operations of one of the most sought after organizations that law enforcement has.

Over in the land of the legal drugs, things are going pretty good as well, with record profits, little competition and no inconvenient interruptions to business from the guys and gals in blue.

And best of all when you leave the legal drug industry, you don't have to join the witness protection program.

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