Toyota Officials Once Worked at NHTSA, May Have Influenced Sudden Acceleration Probes
Toyota And NHTSA Too Close. Are Toyota and the National Highway Traffic Safety Administration (NHTSA) too close for comfort? It's a question many are asking in the wake of recalls for millions of Toyota cars for sudden acceleration and braking problems. According to a Reuters report published over the weekend, at least two former … [Read more...] about Toyota Officials Once Worked at NHTSA, May Have Influenced Sudden Acceleration Probes
Japanese Government Probes Alleged False Claims Over Alzheimer’s Study
A major Alzheimer’s drug research project, funded, in part, by the Japanese government, is at the center of a debacle in which allegations of the use of false data have been made. Nearly one-dozen drug firms are involved. J-ADNI, is the Alzheimer’s drug research project under investigation by the Japanese government. Japan alleges … [Read more...] about Japanese Government Probes Alleged False Claims Over Alzheimer’s Study
Senator Grassley Looking for Funding Conflicts at 33 Non-Profit Medical Groups
Funding Conflicts Of Non-Profit Medical Groups. Medtronic has been the subject of governmental probes in the past. Senator Charles Grassley (R-Iowa) is now investigating possible conflicts-of -interest on the part of 33 non-profit medical groups. According to The New York Times, Senator Grassley sent letters to 33 medical … [Read more...] about Senator Grassley Looking for Funding Conflicts at 33 Non-Profit Medical Groups
Mystery Disease Tied to Pig Brains
Illness Among Workers at Pig Slaughterhouses had the CDC Worried. An illness among workers at pig slaughterhouses had the Centers for Disease Control (CDC) worried, and it has begun investigating the mystery ailment. The new disease has surfaced in 12 of 1,300 employees at the Quality Pork Processors factory near Minneapolis. … [Read more...] about Mystery Disease Tied to Pig Brains
FDA Probes Safety of Popular Heart Stent
Drug Coated Heart Stent Safety Is In Question. Millions of chest pain and heart attack sufferers thought they were getting a phenomenal medical advance when tiny coils that ooze medicine were placed in their arteries to keep them from squeezing shut again. These gizmos, called drug-coated stents, worked so much better than plain … [Read more...] about FDA Probes Safety of Popular Heart Stent
Health Canada probes Accutane side effects
Health Canada Investigating Accutane Side Effects. Health Canada is investigating reports of strokes and heart attacks in people taking Accutane, the controversial acne drug that causes birth defects and has been linked with psychiatric problems. Twenty-nine cases of patients who developed a vascular disorder after taking … [Read more...] about Health Canada probes Accutane side effects
Probes Lifting Veil From Investment Banks
Investment Banks Corporate Fraud. When congressional investigators asked for records from investment bank UBS Warburg last week, they added a new twist to their examination of a particularly audacious case of alleged corporate fraud. But the move by the House Energy and Commerce Committee, which is probing charges of … [Read more...] about Probes Lifting Veil From Investment Banks
Settlement Due in Probes of Wall Street Firms
Wall Street Firms Final Settlement. Morgan Stanley today began to mount a defense of its star Internet analyst, Mary Meeker, on the eve of an announcement by state and federal regulators of a final settlement that would end two years of exhaustive probes into conflicts of interest on Wall Street. New York Attorney … [Read more...] about Settlement Due in Probes of Wall Street Firms
Probes Proceeding On Several Fronts
Enron Probes Proceeds. Bulging boxes holding thousands of Enron documents line the walls four high in the offices of the Energy Task Force on the 18th floor of a downtown building leased to the California Attorney General’s Office. … [Read more...] about Probes Proceeding On Several Fronts
Salomon Seeks Broad Settlement In Probes
Salomon Financial Scandals. Salomon Smith Barney, beset by high-profile financial scandals, will propose on Friday a detailed settlement offer to federal regulators that will include a large fine and structural reform, sources said Wednesday. The brokerage first approached regulators about a settlement in mid-August but … [Read more...] about Salomon Seeks Broad Settlement In Probes
NASD Probes Salomon IPOs
Salomon Doled Out Shares. The National Association of Securities Dealers has evidence that Salomon Smith Barney doled out shares of hot initial public offerings to the personal brokerage accounts of corporate executives in a possible attempt to land business from the executives' firms, according to a published report Friday. The … [Read more...] about NASD Probes Salomon IPOs
House Panel Probes WorldCom Scandal
WorldCom Scandal Over Accounting Improprieties. Top WorldCom Inc. officials, along with auditor Arthur Andersen LLP and a Wall Street analyst, are drawing heat from lawmakers as the accounting scandal radiates political shock waves. Senior executives of WorldCom clashed with a former auditor at a House hearing Monday over … [Read more...] about House Panel Probes WorldCom Scandal
States Plan Broker Probes
States Are Ready For Broker Probes. States are getting ready for inquiries into possible conflicts of interest between research and financial recommendations at several Wall Street firms following the settlement between New York state Attorney General Eliot Spitzer and Merrill Lynch, a newspaper reported Thursday. The states plan … [Read more...] about States Plan Broker Probes
NHTSA Probes Continental Tire
Safety Officials Investigating Tires That Ford Use. Federal safety officials opened an investigation Tuesday into 2.7 million tires that Ford Motor Co. has used on the F150 pickup and as replacements in its recall of Firestone tires. The National Highway Traffic Safety Administration said there have been at least 338 claims of … [Read more...] about NHTSA Probes Continental Tire
