Word: fee
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Wolfe also suggested that the FDA has financial incentives to approve new drugs—the drug industry’s profits are directly funneled to the FDA as a result of the Prescription Drug User Fee Act of 1992, he said. Wolfe added that the act will be up for reauthorization soon...
...realized that his continued presence at the firm was an invitation to class action lawsuits. Blodget’s case illustrates the power of greed to erode the barriers of self-interest that are supposed to police capitalism. When bankers and research analysts work at the same firm, the fee-generating bankers put enormous pressure on the research analysts to issue favorable ratings. They know companies that receive less than stellar ratings from an analyst will not take their banking business to that analyst’s firm. The same problem plagues the accounting business, where Enron?...
Instead of HMOs, the experts surveyed predominantly chose fee-for-service and point-of-service health care options...
...announcement comes one week after the Harvard Concert Commission (HCC) said that the group Outkast would not be coming to Harvard because HCC’s bid of $55,000 was far below the group’s normal fee...
...Amelia gave Smith her business card and said she would like to discuss Chinook issues with him. Two weeks later, she got a phone call from a man named Phil Bersinger. Identifying himself as a close friend and former business partner of Smith's, he said that for a fee he could influence decisions at the BIA. When Amelia asked how he had got her name, she says Bersinger replied, "You gave Wayne Smith your card, didn...