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...past few months, a number of financial firms have instituted or beefed up rules that would allow them to force employees to return year-end bonuses. So-called clawbacks would be triggered by subsequently discovered misconduct and some firms say they may even apply in cases where employees made trades that looked profitable at first, but go sour. (See the financial crisis after one year...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...were willing to strike even more generous deals. UBS initially told AIG that it would take collateral worth 35% less than what the insurer owned on 55% of the $4.3 billion in CDS contracts it had sold to the Swiss bank. For the remaining 45%, UBS was willing to allow AIG to pay 10% less than what it had originally promised. Those deals would have saved AIG about $1 billion. AIG later broke off those negotiations, and as with all of its other counterparties, paid UBS in full. BlackRock, in the report, said Goldman Sachs, French bank Calyon and German...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

...findings suggest that you can do a test for the expression of these two genes and predict which tumor will be resistant to anthracyclines,” she said. “Because it is one of the most commonly used agents in treatment, it would allow us to tailor which kinds of therapy will be the most effective for our patients...

Author: By Barbara B. Depena, CRIMSON STAFF WRITER | Title: Breast Cancer Indicators Found | 1/27/2010 | See Source »

...These genomic-based studies are important because they may help us identify biomarkings that will allow us to tailor treatment to a particular cancer,” she said. “The findings may also tell us how cancer cells develop resistance so that these genes may be targets for intervention...

Author: By Barbara B. Depena, CRIMSON STAFF WRITER | Title: Breast Cancer Indicators Found | 1/27/2010 | See Source »

...Democrats scoff at critics. Republicans, they say, offer criticism but no solutions. What about Arizona Congressman John Shadegg’s proposal to allow people to buy insurance across state lines? Or Wisconsin Congressman Paul Ryan’s offer to tax employer-provided insurance and provide tax credits for individual coverage? Or Arizona Senator John McCain’s push for caps on exorbitant lawsuits against medical malpractice? Or former Massachusetts Governor Mitt Romney’s suggestion that states lift their mandates on insurers that force them to cover particular services—like in vitro fertilization...

Author: By Brian J. Bolduc | Title: Kill Obamacare | 1/26/2010 | See Source »

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