- Paul Kiesel | November 26, 2008 3:25 PM |
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FDA & Prescription DrugsFrom CNN: WASHINGTON -(Dow Jones)- Rep.
Joe Barton, R-Texas, on Thursday raised questions about the adequacy of the Food and Drug Administration's handling of a scandal involving a contaminated...
- Paul Kiesel | November 25, 2008 4:16 PM |
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FDA & Prescription DrugsOver the past year, Heparin, a widely used injectable anticoagulant, has come under intense scrutiny from consumer protection groups and the Food and Drug Administration.
In December 2007, the FDA...
- Paul Kiesel | November 24, 2008 3:28 PM |
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MiscellaneousEarlier today, at a press conference in Chicago, President-elect Barack Obama called for sound judgment and fresh thinking in addressing the nation's economic crisis, which he described as a...
- Paul Kiesel | November 20, 2008 3:35 PM |
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FDA & Prescription DrugsRite Aid customers should be receiving a letter this week, informing them that a major drug manufacturer, Ethex (a subsidiary of KV Pharmaceutical), has issued a recall of several of its generic...
- Paul Kiesel | November 19, 2008 6:15 PM |
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FDA & Prescription DrugsAs President Bush does his best to rewrite federal rules aimed at pre-empting product liability litigation (50 rules that would govern product-liability laws from motorcycle brakes to pain medicine,...
- Paul Kiesel | November 18, 2008 9:03 PM |
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FDA & Prescription DrugsOn Friday, November 7, 2008, the Associated Press reported that Ethex Corporation, a manufacturer of the pain medication Morphine Sulfate, is voluntarily recalling five of their generic drug brands...
- Paul Kiesel | November 17, 2008 9:06 PM |
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MiscellaneousIf there's no such thing as bad publicity, why is it that 2008, for former Republican senator Phil Gramm, has been nothing but bad publicity for the man who John McCain once credited with saving his...
- Paul Kiesel | November 17, 2008 8:35 PM |
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MiscellaneousBelow is an article from this week's New Yorker on President Bush's last-minute push to pass everything he has can in the final days of his presidency, between now and January 20, 2009, which is...
- Paul Kiesel | November 14, 2008 7:09 PM |
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MiscellaneousNeel Kashkari, the interim head of the Troubled Asset Relief Program (aka the Treasury Department's $700 billion financial rescue plan or TARP), came under heavy fire today at a House Oversight and...
- Paul Kiesel | November 13, 2008 4:22 PM |
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MiscellaneousHouse Committee on Financial Services Chairman Barney Frank noted yesterday that a bailout program for troubled homeowners is needed to prevent the foreclosure crisis from spinning out of control....
- Paul Kiesel | November 12, 2008 8:58 PM |
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MiscellaneousDowney Savings might be the next bank to require government intervention (i.e. see FDIC IndyMac), as its most recent quarterly filing cites a significant risk that the bank will not be able to raise...
- Paul Kiesel | November 12, 2008 3:03 PM |
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MiscellaneousFrom the Los Angeles Times' L.A. Land Blog; SEE BOLD CAPS for commentary:
Past attempts to disclose mortgage information to homebuyers have resulted in thick stacks of documents dropped like bricks...
- Paul Kiesel | November 11, 2008 1:37 PM |
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MiscellaneousThe New York Times published an article today on a struggling California community, Mountain House, where 90% of homeowners owe more money on their mortgages than the their houses are worth: it has...
- Paul Kiesel | November 06, 2008 3:27 PM |
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Miscellaneous...And then tell them that it's in order to keep you from going insolvent and to keep your business doors open.
That was basically the ridiculous acknowledgment made by Fannie Mae on Tuesday...
- Paul Kiesel | November 06, 2008 2:47 PM |
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MiscellaneousYesterday, Governor Schwarzenegger proposed a 90-day freeze on pending home foreclosures to provide needed relief to a squeezed California economy and to provide more time for homeowners to seek a...
- Paul Kiesel | November 04, 2008 3:26 PM |
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MiscellaneousYesterday, the New York Times reported on a senior mortgage underwriter who had, previous to the subprime and pay option ARM loan boom, been proud of her ability to spot fraud and other problems in...
- Paul Kiesel | November 03, 2008 8:10 PM |
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MiscellaneousJPMorgan Chase will not be putting any more homes into foreclosure over the next 90 days, as it comes up with a loan modification plan geared towards keeping borrowers in their homes.
In a press...