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Fixing the fixing. Health care Deja vu

…compensation for high-level HMO executives. The report examines 1996 executive compensation for the 20 for-profit, publicly traded companies that owned HMOs with enrollments over 100,000.7 These 20 companies owned 64…

Reversed Psychology: Tax Cuts and Work

…a household was not based upon the profit motive or the ownership of the means of production, but rather by calculations made by households as consumers and workers. In modern…

Auto thinking

rdan James Kwak of Baseline Scenario asks an important basic question concerning the statement that ‘big cars are inherently more profitable for car companies, so smaller is bad for profits’,…

AIG in WAPO II

…for nothing as the minimum acceptable profits for next year you will end up getting money for a while for destroying the world’s largest insurance company. To me the interesting…

FYI: AIG’s new money deal

…quotes a 1994 article by Nobel prize winner George Akerlof and Paul Romer : Looting: The economic underworld of bankruptcy for profit. Our theoretical analysis shows that an economic underground…

Behavior reveals…oil company priorities

…U.S.-based companies, Shell initially reports its profit percentage as return on capital. Its 24.5% figure shows how profitable the oil business actually is, said Consumer Watchdog. Exxon and others will…