Last week fifteen states dropped opposition to Purdue Pharma’s bankruptcy exit plan, making it likely the plan will be approved when it comes before a federal bankruptcy judge in August.
Recent Items
Wednesday, October 22, 2025
Purdue Bankruptcy Plan Moves Closer to Approval: Sacklers Would Make Out Well and Preserve Much of the Family Fortune, Despite the Opioids Crisis
Topics: Banana republic, Guest Post, Health care, Income disparity, Legal, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 9:55 am | 25 Comments »
Links 7/11/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 195 Comments »
Drugmakers’ Spending on Stock, Dividends and Executive Pay Exceeds Research, Democrats Say
The largest drug companies are far more interested in enriching themselves and investors than in developing new drugs, according to a House committee report released Thursday
Topics: Banana republic, Guest Post, Health care, Politics, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 6:25 am | 21 Comments »
Links 7/10/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 177 Comments »
New York City Subway Flooding Demonstrates Transit System Vulnerability to Climate Change
More frequent and severe New York City subway floods demonstrate how climate change is crippling critical infrastructure.
Topics: Banana republic, Doomsday scenarios, Global warming, Guest Post, Infrastructure, Politics, Privatization, Social policy
Posted by Yves Smith at 5:01 am | 40 Comments »
Book Review: The History of Animal-Based Medicine in China
Even critics of animal-based potions in China don’t understand its origins….which means they may be easier to contain than is now assumed.
Topics: China, Doomsday scenarios, Environment, Free markets and their discontents, Guest Post, Health care, Ridiculously obvious scams, Species loss
Posted by Yves Smith at 4:39 am | 23 Comments »
Musical Interlude (“On the Path of Decent Groove”): Bombast
Bombast is where my head is right now. And you?
Topics: Curiousities
Posted by Yves Smith at 4:13 am | 23 Comments »
2:00PM Water Cooler 7/9/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Trump Can’t Beat Facebook, Twitter and YouTube in Court – but the Fight Might Be Worth More Than a Win
Trump is back for another misguided, erm, quixotic fight. Could he still score points?
Topics: Banana republic, Guest Post, Legal, Media watch, Politics, Surveillance state, Technology and innovation
Posted by Yves Smith at 9:55 am | 27 Comments »
Links 7/9/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 151 Comments »
Moving the Covid Vaccine Goalposts
The Covid propagation and vaccine news is not pointing to happy outcomes
Topics: Doomsday scenarios, Dubious statistics, Health care, Media watch, Pandemic, Politics, Ridiculously obvious scams, Risk and risk management, Science and the scientific method
Posted by Yves Smith at 5:32 am | 152 Comments »
Wall Street Journal Fingers Columbia as Leader in Grad Students Whose Student Debt Leaves Them ‘Financially Hobbled for Life’
Columbia stands out in what a bad deal its graduate arts programs are. And President Bollinger is either clueless or indifferent.
Topics: Economic fundamentals, Income disparity, Ridiculously obvious scams, Student loans
Posted by Yves Smith at 5:30 am | 45 Comments »
The Future of Alzheimer’s Pharmaceutical Aducanumab – as a Medicine and as a Financial Product – What Happens Now?
The more you look at aducanumab, both the dubious FDA approval and the thin odds that it will perform medically, the less there is to like.
Topics: Dubious statistics, Guest Post, Health care, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 1:22 am | 16 Comments »
2:00PM Water Cooler 7/8/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 85 Comments »
War on Science Persists Within Biden EPA as Staffers Allege Chemical Reports Altered
Whistleblowers charge that Trump-style doctoring of scientific reports is continuing under Biden.
Topics: Doomsday scenarios, Dubious statistics, Environment, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 28 Comments »