Early Headlines: Dr. Oz Under Attack, Berkshire TBTF, China Bonds Default, Greece as a Banana Republic and More
Early Bird Headlines 21 April 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
Fines, Legal Expenses, DUI CLasses and Higher Insurance Premiums are Among the Financial Challenges
Written by Liz Becker
Just being apprehended and charged with driving under the influence is a very stressful experience. But that is only the start of the stress. Next you have to deal with all of the fines and costs associated with the disposition of the charges. And the costs continue to mount up after you leave court. Everyone knows that a DUI can really drain your wallet in many ways. Since you can't go back in time and change your decisions, its time to think about the future.
from the Securities and Exchange Commission
The Securities and Exchange Commission today charged BlackRock Advisors LLC with breaching its fiduciary duty by failing to disclose a conflict of interest created by the outside business activity of a top-performing portfolio manager.
Together with nutrition, sanitation and antibiotics, vaccination is one of the four great pillars of public health that has led to the longer lifespans we commonly expect today. Yet some infections have defied successful vaccination and cannot be controlled by any approach other than advice on how to avoid them, or if infection occurs, limited treatment.
by Adam Hale Shapiro - Economic Letter, Federal Reserve Bank of San Francisco
The 2006 health-care reform in Massachusetts relied heavily on the private insurance market. Recent evidence shows that the reform boosted payments to physicians from private insurers by 13% relative to other areas. This increase began immediately before the reform became law, suggesting that insurers raised payments in anticipation of the change. The reform may have also caused the state's insurance premiums to fall. Overall, evidence suggests that the Massachusetts health-care reform shifted dollars away from insurers and towards providers and consumers.