This, according to Motley Fool contributor Sarah E. Wright in her column today entitled “4 Stocks Proving That Regulation Matters.” Ms. Wright goes on to describe the 501(k) process which enables medical device manufacturers like DePuy to win approval for new products by simply claiming they are not materially different from existing approved devices. As…
Are Your Eyes Open About Your Retirement? Expanding on the theme of yesterday’s newsletter, “The Secret to Living Well at 100,” which we sent our clients so they can properly plan for their financial futures, here’s some supplemental information you’re sure to find helpful. And probably more than a little disconcerting. Simply put, we all…
Be Healthy and Have Money Many Financial Planners Now Recommend You Plan to Live Until Age 100 or Beyond OK, so it’s not really a “secret” that being healthy and having money are essentials to a comfortable retirement. Pretty obvious actually. But how prepared are you for the possibility that you just might be a…
Legislation would provide tax break for the wrongfully convicted April 19, 2012 – With DNA evidence helping lead the way toward exoneration of those who have been falsely convicted and wrongfully imprisoned, a bill in Congress introduced last month by Congressmen Sam Johnson (R-TX) and John Larson (D-CT), would institute fairness to countless men and…
April 10, 2012 – Sometimes, you just need to let the headline do the talking. Case in point from today’s International Edition of Scandinavia’s largest subscription-based newspaper, Helsingin Sanomat: “Thousands of Finns may have faulty hip implants” To view a short video about one particular “Finn” who underwent bilateral hip replacement surgery and understands, go…
Recalled DePuy ASR hips among devices untested March 29, 2012 – In its upcoming May edition, Consumer Reports presents the results of its investigation which calls into question the current process of medical device regulation that their advocacy wing, Consumers Union, believes fails to “protect patients from harm.” Entitled “CR Investigates: Dangerous medical devices,” CR…
“I believe that we parents must encourage our children to become educated, so they can get into a good college we cannot afford.” – Dave Barry – In a classic example of supply-and-demand and in response to the realities of an economy that has left many people lacking the wherewithal to meet the post-secondary educational needs of…
Mark Brunell’s Career Earnings of $50 Million . . . Gone! March 9, 2012 – With the NFL Scouting Combine recently concluded and Draft Day fast approaching, many college football players, no doubt giddy with anticipation, will soon be eagerly awaiting that life-changing phone call from an NFL team which will hopefully set them on…
A Full Year Before World Wide Recall The New York Times reports that an executive for DePuy Orthopaedics, a subsidiary of Johnson & Johnson, sent an email to top executives of the company about the U. S. Food and Drug Administration’s unwillingness to approve one of the metal-on-metal artificial hips it manufactured because “a significant…
January 25, 2012 – Johnson & Johnson, parent company of DePuy Orthopedics, maker of the since recalled metal-on-metal ASR artificial hip systems, recently took quarterly charges of more than $3.0 Billion according to the New York Times. As a structured settlement company with a personal interest in the litigation that has developed in light of…