Drugs company GSK has just been fined an astonishing $3 billion by regulators in the US for fraud which Deputy US Attorney General James Cole described as “unprecedented in both size and scope”. GSK marketed drugs for purposes for which they were unapproved, including to children, and failed to report adverse cardiovascular trial safety data. The [...]
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Iain Duncan-Smith is taking an awful lot of flak from bishops, the liberal media elite and hand-wringing Liberals, such as Paddy Ashdown, about his plans to cap benefits at the median take-home wage of working families – £26,000 per year. Why have we become trapped by this materialistic concept of child poverty, itself a remnant of [...] cantankerous worked with the pay consultancies in top FTSE companies. The greed and corruption of the FTSE executives and the corporate ‘reward’ consultancies was blatant and disgusting, and it is remarkable that nothing was done to stop it. As executives reduced the amount paid into pension schemes for ordinary staff by sometimes as much as a [...] The NHS has just announced that an astonishing £11.8 billion has been wasted on the National Project for IT – otherwise known as the failed attempt to computerise medical records. In addition, it has suddenly been ‘realised’ by NHS Trusts all over the country that their fantastic PFI deals are actually crap and unaffordable. How can [...]
If these Goldman Sachs guys are so smart and ethical, how come they performed as badly as they did in the video below? And, let us not forget that the basket-case Royal Bank of Scotland, now 84% owned by the UK taxpayer, lost more than half a billion pounds ($841 million) as [...] Barney Reynolds, despite being a partner of a Legal 500 law firm, Shearman & Sterling LLP, and sharing a prestigious alma mater with cantankerous, just doesn’t get it. Commenting in the FT today on Lord Turner’s demands that global policymakers should examine financial transaction taxes and even tougher capital requirements for banks that trade for their [...] Cobra Beer tastes bitter to unsecured creditors [...] |
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