November 16, 2009
How dare they maximize profit: “Harvard health economist, Joseph P. Newhouse, said he found a similar pattern of unusual price increases after Congress added drug benefits to Medicare a few years ago… Just as the program was taking effect in 2006, the drug industry raised prices by the widest margin in a half-dozen years.”
More →
November 16, 2009
“Today, CIT is in bankruptcy court, and the taxpayers’ investment is on the brink of being wiped out. It would be the largest loss so far from the government’s massive rescue of the financial system, but it isn’t likely to be the last… Analysts expect more bailed-out firms to fail in the months ahead.”
More →