Bayer AG shares are down over 12% this morning - the biggest drop ever - to the lowest levels since October 2013, amid investor anxiety over the potential future legal costs associated with newly-acquired Monsanto's RoundUp weedkiller.
"On what plane of reality is it possible that two of the world’s most morally bankrupt corporations, Bayer and Monsanto, can be permitted to join forces to control about one-quarter of the world’s food supply. "
"There are a lot of industries in our world that wreak outsized amounts of havoc. Think the biggest global banks and oil companies. Think plastics. But there is one field that is much worse than all others: agro-chemicals."