Suicide pill

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poison pill with potentially catastrophic implications for the company it is designed to protect. An example might be a poison pill providing for an exchange of stock for debt in the event of a hostile takeover; that would discourage an acquirer by making the takeover prohibitively expensive, but its implementation could put the Target Company in danger of bankruptcy.

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A defensive strategy by which a target company engages in an activity that might actually ruin the company rather than prevent the hostile takeover. Also known as the "Jonestown Defense."

Investopedia Says:
This is an extreme version of the poison pill.

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A suicide pill (also known as a cyanide pill, kill-pill, lethal pill or L-pill) is a pill, capsule, ampoule or tablet containing a fatally poisonous substance that a person ingests deliberately in order to quickly cause his/her own life to end. This is done in order to avoid an imminent and far more unpleasant death (such as through torture) or to ensure that he/she cannot be interrogated and leak sensitive information. As a result, lethal pills have important psychological value to persons carrying out missions with a high risk of capture and interrogation.[1] Their main advantage is that they can be concealed and evade detection more easily than other methods of suicide.

Contents

Description

Traditionally, lethal pills are oval capsules, approximately the size of a pea, consisting of a thin-walled glass ampoule covered in brown rubber (to protect against accidental breakage) and filled with a concentrated solution of potassium cyanide. It is important to note that purpose-made lethal pills (of the rubber-coated type) are never swallowed whole. Instead, they are first crushed between the user's molars to release the fast-acting poison contained within. Brain death occurs within minutes and the heartbeat stops shortly after.

The concept of the suicide pill does not limit itself to pills, but rather may lend itself in a colloquial manner to anything that has fatal consequences when deliberately taken or done.

The Central Intelligence Agency began experimenting with saxitoxin, an extremely potent neurotoxin, during the 1950s. According to CIA Director William Colby, a tiny saxitoxin-impregnated needle hidden inside a fake silver dollar was issued to Francis Gary Powers, an American U-2 pilot who was shot down while flying over the USSR in May 1960.[2]

Examples

  • In 1987 two North Korean Agents bit into ampules hidden in the filter tips of cigarettes after they were detained in Bahrain as suspects in an airplane bombing. One agent died.[4]
  • During the Civil War in Sri Lanka between 1987 to 2009, the separatist suicide bombers of Tamil Tigers wore a potassium cyanide necklace. If they were captured by the Sri Lanka Army, they would bite in to the tablet at the end of the necklace. In addition to suicide bombers, since 1976 almost all separatists of this organization wore suicide pills. This is the most modern day wide scale use of potassium cyanide as a suicide tool.[5] The women were the most publicized, carrying a tablet attached to their tooth.[citation needed]

Metaphorical uses

In economics, a suicide pill is a form of risk arbitrage used by corporations to thwart hostile takeover attempts. As an extreme version of the poison pill defense, this crippling provision refers to any technique used by a target firm in which takeover protection could result in self-destruction.

Variations of the suicide pill include the Jonestown Defense, the Scorched Earth defense, and the Golden Parachute.

NASA Controversy

A widely held belief asserts that astronauts carry suicide pills in case they are unable to return to Earth. This was disputed by astronaut Jim Lovell, who co-wrote Lost Moon (later renamed "Apollo 13"). However, Carl Sagan insisted that it was common practice on all NASA flights.[6]

References

  1. ^ Robert Hall (5 June 2009). "Allied 'bandits' behind enemy lines". BBC News (Normandy). http://news.bbc.co.uk/1/hi/uk/8085383.stm. 
  2. ^ Unauthorized Storage of Toxic Agents. Church Committee Reports. 1. The Assassination Archives and Research Center (AARC). 1975-176. p. 7. http://www.aarclibrary.org/publib/church/reports/vol1/html/ChurchV1_0006b.htm. 
  3. ^ http://www.buzzle.com/editorials/7-24-2005-73618.asp[dead link]
  4. ^ Don Oberdorfer (5 December 2001). The two Koreas: a contemporary history. Basic Books. p. 184. ISBN 978-0-465-05162-5. http://books.google.com/books?id=yJZKpYXh2SAC&pg=PA184. Retrieved 6 December 2011. 
  5. ^ John Emsley. Molecules of murder: criminal molecules and classic cases. ISBN 978-0-85404-965-3. 
  6. ^ Robert Zemeckis, Steve Starkey, Contact DVD audio commentary, 1997, Warner Home Video

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