Former House Speaker Paul Ryan (R-WI) will serve on the SHINE Medical Technologies board of directors now that he’s out of Congress, according to the local Janesville Gazette in his hometown.
The company announced Ryan’s appointment in a press release on Monday, calling Ryan a “visionary” and pointing to the former top lawmaker’s “deep mastery” of important global policy…
HahaahahahahaahHHHHHaaaaHahaZHAHAHAHAAAAHahahahaahqhashaa!!!
Crony Capitalism: sit on a board, do minimal if any work, get a huge check.
I bet if he had been able to repeal the ACA this directorship would have paid about 10x as much.
Ryan earlier this year joined the board of directors for Fox’s television holdings, including its cable news organization, and he funneled $7 million from his political accounts to the American Idea Foundation, a Janesville-based nonprofit he established.
The flimflam man is already on Fox’s board of directors. Does he really need another sinecure?
Irony has no depths deeper than the GOP.
The odds are high that bringing Eddie Munster, Jr. on board means that this will be another Theranos, a bogus medical company that put a lot of big-foot oligarchs on its board in order to con investors and induce the media to hype it to the skies.
Damned straight.
Ayn would be so proud …
Rethuglican welfare at its finest.
This is a privately held startup without a commercial product … it might go big - or it might be a bust.
Paul Ryan is the local political eye candy to put on the board. He is definitely not going to be doing any of the massive amount t of work needed to get a startup to be operational.
This -at this point - ain’t newsworthy - could be 5 years + away … if ever.
"Both Ryan’s grandfather and great-grandfather died of heart attacks and said in a statement he believes the company…’
Dead men talking. Amazing.
"Both Ryan’s grandfather and great-grandfather died of heart attacks and said in a statement he believes the company is “equipped to create a reliable global supply of lifesaving medical isotopes.”
Both Ryan’s grandfather and great-grandfather died of heart attacks and Ryan said in a statement he believes the company is “equipped to create a reliable revenue stream to support me and my family for many years to come."
FIFY
If this is a high tech start-up why Janesville? It’s a rural factory town, not a place with a tech savvy work force. UW, Madison is 40+/- miles away.
Follow the money … and the “deals”
That one caught my eye too
They obviously never listened to him speak or examined his sterling legislative history and accomplishments
He’s certainly well qualified. An expert in policy issues surrounding medical technology and a man with deep roots in the world of healthcare.
I would like to see a requirement for personal responsibility for board members when it comes to corporate screwups; jail, personal funds or a combination of both would force integrity to boards. For instance, the entire board at Johnson & Johnson should find themselves in jail, either awaiting trial or serving sentences.
I would agree with that, with this condition: It should be the board at the time the decision to run with opioids as a public health care issue. The current board may not have been in place when that decision was made, nor possibly during the abuse period. But those that were party to it and didn’t say no, off with their heads.
This company must be desperate to put the empty suit Paul Ryan on their board. When will they go bankrupt?