Word: wealth
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...them than to manage them in my office. It's going to make people much more cautious about the potential risks, and that's a good thing. People shouldn't get worse care just because they're famous. That's clearly the concern here. By virtue of his incredible wealth and celebrity, [Jackson] actually got worse treatment...
...Center for Bioethics at the University of Pennsylvania, doesn't think the trial will have much consequence for the questionable doctors who are enlisted by celebrities when they can't get aboveboard practitioners to pander to their needs. "Even with those tough charges, the combination of extraordinary wealth, lavish lifestyle and doctors who operate on the fringes of their profession almost guarantees a replay at some point down the road," he says. "Medicine hasn't figured out how to weed out the fringe operators, and celebrities haven't figured out that it isn't good for their health to have...
TIME says, "We owe it to the survivors ... to help build a Haiti that will never again be so vulnerable" [Feb. 1]. Does this mean other nations can persuade the handful of families and businesses that control the wealth of Haiti to begin paying appropriate taxes? Does this mean Haitian leaders will direct foreign aid to health care facilities, water and sewage systems, education, job training and proper building construction? Or after this acute crisis has passed, will Haiti return to baseline poverty? The ethics of those who run this little country must change or be coerced to change...
...Conflicts like the one in Niyamgiri are becoming increasingly common in India, as the country tries to extract and exploit the mineral wealth in its forests and mountains. India allows state governments to appropriate land for use by private companies provided the people displaced are compensated and resettled. People living on that land cannot object once the state acquires it, and in Orissa the authorities have approved 54 projects worth $46 billion. That process has already displaced 1.4 million people in the state since 2001, according to India's Rural Development Ministry. The Dongria are challenging this policy...
...America's acquisition of Merrill Lynch has turned out to be a recruiting bonanza for other Wall Street firms. In December, Morgan Stanley hired former Merrill president Gregory Fleming to head the firm's investment-management division. Another top former Merrill executive, Bob McCann, was picked to run the wealth-management division of Swiss bank UBS, which has more than 8,000 brokers. (See the best business deals...