Monsanto Not Only Problem Facing Bayer: Investors Question Ethics in Selling Banned Pesticides in BrazilBayer CEO Werner Baumann recently lost a crucial confidence vote as investors questioned his handling of the $63 billion Monsanto deal and the wave of US lawsuits that followed. In what Bloomberg called "a stunning development for the German drugs and chemicals company", about 55 percent of shareholders voted against absolving Baumann and other managers of responsibility for their actions in the takeover last year. The vote threw Baumann's future into question and prompted an immediate supervisory board session. While much of the investor unrest undoubtedly focuses on financial liability, strong concerns are being raised about Bayer's ethics. At Bayer's annual general meeting, Christian Russau from the umbrella organization, the Critical Shareholders, made a speech in which he launched a scathing attack on the company for its "double standards". According to Russau, Bayer sells pesticides in Brazil that are banned in the EU. Russau said he feared that companies such as Bayer will continue to participate, perhaps more than ever, in the sale and distribution of highly toxic agrochemicals in Brazil. As a survival tactic in the face of Monsanto's multi-billion dollar acquisition, Bayer will go for growth at any price. Any poison which can be sold will be sold.