This must be a joke...

[Arde]

I just read that Johnson and Johnson is about to split into two companies...

J&J split will put spotlight on undervalued pipeline, CFO says

Pharma giant Johnson & Johnson is splitting into two companies, a consumer brand and a drug brand, over the next two years.

www.yahoo.com

Well, from the original name it was bound to happen. If each new company is just Johnson now, it may be confusing...
Call them Thing One and Thing Two? Get the ok from the heirs of Dr. Seuss as they have been pretty litigious, I know first hand...

 

[coupedegrace]

I just read that Johnson and Johnson is about to split into two companies...

I'd vote for Jeckyll and Hyde. This after creating a spinoff company to shield themselves from baby powder claims.

J&J is using a bankruptcy maneuver to block lawsuits over baby powder cancer claims

Johnson & Johnson spun off liabilities — including roughly 38,000 lawsuits — linked to claims of asbestos contamination in its baby powder to a new firm, which then declared bankruptcy.

www.npr.org

My mother died of ovarian cancer in March. She used J&J baby powder as did so many other women of her generation. Causal connection? I don't know. But I guarantee you that going forward my household will never buy any J&J products no matter what they call themselves.

 

[Stevehose]

and I think J&J holds the 3rd largest criminal fine behind Glaxo and Pfizer at #1

 

[coupedegrace]

Elite company. Seems like Purdue ought to make it easily into the top 5.

 

[dave v. in nc]

Sounds like ValueJet/AirTran debacle...or good old Meta, the artist formerly known as Facebook. Slight of hand hasn't changed much.