April, 2009Federal Indictment or Guilty Plea May Be Coming in Case Against Madoff’s Accountant
The government’s case against the longtime accountant for admitted Wall Street swindler Bernard Madoff took a twist today, as federal prosecutors indicated they expect either a federal indictment or a guilty plea in the case in the next month. The accountant, David Friehling, was arrested and charged on March 18 in connection with his supporting role in the massive $65 billion Ponzi scheme run by Madoff. Friehling is accused of lying to securities regulators and investors about having conducted outside …
Continue →New Study Warns of Dangers of ‘Silent’ Heart Attacks
Each year, hundreds of thousands of Americans have largely painless, undetected heart attacks that are more common and more life-threatening than previously thought, new medical research says. The cardiac events, also called unrecognized myocardial infarctions, are not fully understood and do not produce changes on an electrocardiogram, called Q-waves, which can signal that a heart attack has occurred. That can make diagnosing them very difficult, if not impossible. Duke University researchers have just wrapped up a new study designed to …
Continue →Broker Linked to Madoff Funds Sued for Losing Millions of Investor Dollars
A New York City investment broker with ties to admitted Wall Street scam artist Bernard Madoff is being sued by two former clients who blame him for losing their money in Madoff’s historic Ponzi scheme.
Continue →Kaiser Permanente to Pay $1 Million for Mishandling California Kidney Transplant Program
Kaiser Permanente will pay $1 million to settle claims filed on behalf of five patients who said the nation’s largest HMO botched its California-based kidney transplant program, causing patients deaths and injuries.
Continue →MRSA Goes to Washington; Deadly Staph Infection ‘Super Bug’ Found in Congressional Gym
No, it’s not a remake of the 1939 classic comedy starring Jimmy Stewart as a small-town man whose improbable ascent to national office exposed him to a seedy world of Washington, D.C. greed and corruption. According to media reports, a Congressional staffer has contracted Methicillin-resistant Staphylococcus Aureus (MRSA), a life-threatening “Super Bug” infection that is highly resistant to antibiotics, while exercising in a Capitol Hill gym. The unnamed staffer belongs to the House Staff Fitness Center, where many lawmakers and …
Continue →Pistachio Recalls Continue Amid Salmonella Threat, But Still No Reports of Illnesses
Recalls of food products containing pistachios continue to pile up as officials say they fear some of the nuts are tainted with salmonella bacteria, but one key ingredient to a serious outbreak of contaminated food still is missing: Reports of people actually becoming sick from eating contaminated pistachios.
Continue →Deal Struck to Provide Cheaper Generic AIDS Drugs to Poorer Nations
The fight against AIDS, a leading killer of people around the world but particularly in poorer nations of Africa, will get a boost from a new arrangement to provide less expensive generic drugs to victims in developing countries.
Continue →Recall Expanded to Include Cooking Oils and Sauces Suspected of Salmonella Contamination
The Food and Drug Administration has just expanded an earlier recall of Union International Food Company products to include Uncle Chen and Lian How brand cooking sauces, oils, and oil blends. The foods items are suspected of being contaminated with a strain of food poisoning called Salmonella Rissen, which can cause severe abdominal pain, vomiting, diarrhea, and other symptoms, particularly in the elderly, children, and people with lowered immune systems. So far, there have been 57 reports of food poisoning …
Continue →Bayer Settles Some Lawsuits Over Magnevist Contrast Agent Injuries, Hundreds More Cases Still Pending
Some of the hundreds of lawsuits filed by people who say they or a loved one was injured by the use of Magnevist contrast agents during MRI scans have been settled out of court for undisclosed amounts, drug maker Bayer said today. The use of gadolinium-based contrast agents to improve the results of magnetic resonance imaging scans has been linked to a rare condition called nephrogenic systemic fibrosis (NSF). The potentially deadly disease causes patches of hardened skin to form …
Continue →Two Drug Giants Joining Forces in Fight Against HIV; New, More Effective Treatments May Result
Two of the world’s largest drug companies have announced they are joining forces to market medicines to fight HIV, raising hopes that key breakthroughs in the fight against HIV and AIDS will result.
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