All the news, views, and filtered excellence fit to consume during your morning grumpy. Just links today.
1. A Buffalo doctor has made big money from drug companies since 2009, according to research from
ProPublica. Speaking and consulting for drug companies is a very lucrative business for practicing doctors.
Location: Buffalo, N.Y.
Board Certification: American Board of Psychiatry and Neurology
Medical School: University of Delhi, Class of 1984
Companies: AstraZeneca, Eli Lilly, Forest, GlaxoSmithKline, Merck, Novartis
Sanjay Gupta is a clinical professor at SUNY Upstate Medical University, where he completed his residency, as well as at SUNY at Buffalo, School of Medicine and Biomedical Sciences. He was formerly president of Global Research & Consulting, Inc.
The amount listed is for speaking and consulting only; compensation for travel, meals, research and other categories is excluded. The disclosures include payments to doctors dating back to 2009 for many drug companies, though others do not go back as far.
2. In case you missed it, New York’s Department of Labor released statewide unemployment numbers this week and the results are pretty grim.
Between December and January, New York unemployment rate rose from 8.2 percent to 8.4 percent.The national average was 7.9 percent.
In January, 35 counties had unemployment rates above 10 percent, compared to 25 that did so in January 2012, the labor statistics show. The highest rate was in the Bronx at 13.4 percent. Other top unemployment rates were in rural counties, such as 12.7 percent in Oswego County and 12.4 percent in Orleans County.
Buffalo-Niagara Falls posted an unemployment rate of 9.6% last month, an increase from a rate of 9.1% in January 2012. Specifically, Erie County is at a 9.3% rate of unemployment as compared to 8.9% last year.
3. The largest banks in the United States face a serious political problem. There has been an outbreak of clear thinking among officials and politicians who increasingly agree that too-big-to-fail is not a good arrangement for the financial sector
4. The history of the steamship suggests the car’s replacement probably exists—we just don’t recognize it yet.
5. Gabriele Galimberti takes photos of kids with their most prized possessions. Fascinating.
6. JPMorgan Chase, the nation’s biggest bank, ignored internal controls and manipulated documents as it racked up trading losses last year, while its chief executive Jamie Dimon withheld some information from regulators, a new Senate report says.
7. Senator Sherrod Brown (D, OH) is taking on the big banks. He is introducing legislation, co-sponsored by Senator David “Diapers” Vitter (R, LA), to break up a half-dozen mega-banks, setting a hard cap on their size.
8. This is what happens when Planned Parenthood is defunded. In Texas, where dozens of clinics have shut down, nearly 200,000 women are now in search of affordable health care.
9. MIT students design a nuclear reactor using nuclear waste as fuel which could conceivably power the entire world for 72 years.
Fact Of The Day: Every December 25th a town in Peru celebrates “Takanakuy”. Men, women, and children settle grudges with fistfights. Then everyone goes drinking together, ready to start the new year with a clean slate. We need to start celebrating this holiday in Buffalo.
Quote Of The Day: “There is much pleasure to be gained from useless knowledge.” – Bertrand Russell
Video Of The Day: “I Love My Penis” – Mitch Fatel
Song Of The Day: “Invisible” – Steve Earle
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