The tobacco industry's use of Wall Street analysts in shaping policy
- PMID: 15333876
- PMCID: PMC1747918
- DOI: 10.1136/tc.2003.006643
The tobacco industry's use of Wall Street analysts in shaping policy
Abstract
Objective: To document how the tobacco industry has used Wall Street analysts to further its public policy objectives.
Methods: Searching tobacco documents available on the internet, newspaper articles, and transcripts of public hearings.
Results: The tobacco industry used nominally independent Wall Street analysts as third parties to support the tobacco industry's legislative agenda at both national and state levels in the USA. The tobacco industry has, for example, edited the testimony of at least one analyst before he testified to the US Senate Judiciary Committee, while representing himself as independent of the industry.
Conclusion: The tobacco industry has used undisclosed collaboration with Wall Street analysts, as they have used undisclosed relationships with research scientists and academics, to advance the interests of the tobacco industry in public policy.
Similar articles
-
Implications of the tobacco industry documents for public health and policy.Annu Rev Public Health. 2003;24:267-88. doi: 10.1146/annurev.publhealth.24.100901.140813. Epub 2001 Nov 6. Annu Rev Public Health. 2003. PMID: 12415145 Review.
-
Turning free speech into corporate speech: Philip Morris' efforts to influence U.S. and European journalists regarding the U.S. EPA report on secondhand smoke.Prev Med. 2004 Sep;39(3):568-80. doi: 10.1016/j.ypmed.2004.02.014. Prev Med. 2004. PMID: 15313097 Review.
-
Changing conclusions on secondhand smoke in a sudden infant death syndrome review funded by the tobacco industry.Pediatrics. 2005 Mar;115(3):e356-66. doi: 10.1542/peds.2004-1922. Pediatrics. 2005. PMID: 15741361
-
The tobacco industry's political efforts to derail the EPA report on ETS.Am J Prev Med. 2004 Feb;26(2):167-77. doi: 10.1016/j.amepre.2003.10.015. Am J Prev Med. 2004. PMID: 14751332 Review.
-
Lessons learned from the tobacco industry's efforts to prevent the passage of a workplace smoking regulation.Am J Public Health. 2000 Dec;90(12):1926-30. doi: 10.2105/ajph.90.12.1926. Am J Public Health. 2000. PMID: 11111269 Free PMC article.
Cited by
-
What is known about tobacco industry efforts to influence tobacco tax? A systematic review of empirical studies.Tob Control. 2013 Mar;22(2):144-53. doi: 10.1136/tobaccocontrol-2011-050098. Epub 2012 Aug 12. Tob Control. 2013. PMID: 22887175 Free PMC article.
-
Characterizing Vaping Industry Political Influence and Mobilization on Facebook: Social Network Analysis.J Med Internet Res. 2021 Oct 29;23(10):e28069. doi: 10.2196/28069. J Med Internet Res. 2021. PMID: 34714245 Free PMC article.
-
The Policy Dystopia Model: An Interpretive Analysis of Tobacco Industry Political Activity.PLoS Med. 2016 Sep 20;13(9):e1002125. doi: 10.1371/journal.pmed.1002125. eCollection 2016 Sep. PLoS Med. 2016. PMID: 27649386 Free PMC article.
-
Through tobacco industry eyes: civil society and the FCTC process from Philip Morris and British American Tobacco's perspectives.Tob Control. 2012 Jul;21(4):e1. doi: 10.1136/tc.2010.041657. Epub 2011 Jun 2. Tob Control. 2012. PMID: 21636611 Free PMC article.