Why would an organization enourage such a conflict of interest?
I realize organizations need money but sometimes conflicts of interest seem to dominate common sense. A case in point:
The New Rules for Sunscreen - NYTimes.com:
"Take endorsements and seals of approval with a grain of salt. The Skin Cancer Foundation gives a “seal of recommendation” to sunscreens, but only if their manufacturer has donated $10,000 to become a member of the organization."
S&P cuts Berkshire Hahaway's rating, but barely.
S&P cuts Berkshire Hathaway rating by one notch to 'AA' - Yahoo! Finance:
"The lower credit rating on BRK better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income," said Standard &Poor's credit analyst John Iten."
How to bond rating agencies work? Here are a few good links:
From Wikipedia: (they have really cool tables showing defaults by
SEC subpoenas ‘political intelligence’ firms in a case of leaked information - The Washington Post
SEC subpoenas ‘political intelligence’ firms in a case of leaked information - The Washington Post:
" The latest case emerged April 1 when Height Securities, a Washington-based stock brokerage firm, alerted its clients that the government would soon make a decision favoring private health insurers who participate in a Medicare program.
The alert went out 18 minutes before the end of the trading
" The latest case emerged April 1 when Height Securities, a Washington-based stock brokerage firm, alerted its clients that the government would soon make a decision favoring private health insurers who participate in a Medicare program.
The alert went out 18 minutes before the end of the trading
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