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The Obama Interview with Bill O’Reilly From Fox News–Healthcare Included (Video)

This was a very interesting interview and in a way might be somewhat burying a bit of the hatchet between Fox and the White House, or I kind of saw a little bit of that with the video. First of all full credit and a thank you was given by Bill O...

Published Mon, Feb 02 2011 12:12 AM by The Medical Quack

Filed under: Medically Related, Technology, Other Items of Interest, healthcare, Wall Street, White House, Fox News, Heatlh Insurance, President Obama, responsibility, interviews, jobs, Bill O'Reilly

Aetna Chairman Ron Williams Speaks out at Davos With Insurance and Other Perceptions

This is the second US health insurance company to speak out and is noticed attending the World Economic Forum, as you can see Humana was a guest post addition on their blog and added his input a couple days ago. Davos-The Ally to Improve Workplace...

Published Thu, Jan 01 2011 3:05 PM by The Medical Quack

Filed under: Medically Related, Insurance, healthcare, health insurance, Aetna, Wall Street, premiums, Profits, reform, World Economic Forum, Davos, coverage

Wall Street Asks J and J CEO About Recalls and As A Bonus Question, When He Plans to Step Down on Conference Call

It doesn’t get much more upfront than this with one mentioning their feelings on how the company is being run does it. The one quote below is interesting too in the fact that “everything is under control”? How come we have more recalls coming...

Published Thu, Jan 01 2011 12:34 PM by The Medical Quack

Filed under: Medically Related, Pharma/FDA News, Other Items of Interest, healthcare, Investors, Pharma, FDA, Johnson and Johnson, Recalls, Wall Street, McNeil Consumer Healthcare, Bill Weldeon

Life Partners Confirms Investigation by SEC-Life Settlements Where Insured Are Living Longer Than the Risk Projections-Investors Paying Long Than They Want

This company is out of Texas and they use a physician from Reno to look over the patient’s records that are available and he makes the predictions on how long the person will live. These are investor groups that are buying up life insurance policies...

Published Thu, Jan 01 2011 4:08 AM by The Medical Quack

Filed under: Medically Related, Insurance, Investors, health insurance, Business Intelligence, Fraud, Wall Street, healthcare reform, life insurance, dead peasant, Human Hedge Funds, Life Partners

Dying Financier Slams Wall Street-Gordon Murray-Nobody Was There to Monitor Those Algorithms For Profit (Video)

We can hide debt and Mr. Murray feels that one’s “word” has slipped away. All the checks and balances have failed as the SEC was not there. Why, the SEC didn’t invest in the current technologies to perform audits in real time and keep up with...

Published Wed, Jan 01 2011 2:29 PM by The Medical Quack

Filed under: Technology, Other Items of Interest, My Commentaries, Coding, Wall Street, Algorithms, High Frequency Healthcare, jobs, Silicon Valley, High Frequency Trading, CEI, Gordon Murray

Wall Street Looking to Silicon Valley For New Hires-High Frequency Trading Jobs and High Frequency Healthcare Next On the Algorithmic Ladders to Profit

Programmers (those who write the algorithms) are finding out that there’s more money on the trading side of technology with writing code over here and the article from the Wall Street Journal says once they are there, the employees rarely leave. ...

Published Tue, Jan 01 2011 6:09 PM by The Medical Quack

Filed under: Medically Related, Technology, Other Items of Interest, My Commentaries, Coding, Wall Street, Algorithms, High Frequency Healthcare, jobs, Silicon Valley, High Frequency Trading, CEI

State Budgets The Next Bail Out–Situation Dire-Unfunded Healthcare-A Benefit Problem

This is a good look at what is happening at state levels and we know it well in California too. When we hear repealing healthcare where the money come from to support this? In New Jersey, the Governor is facing what we have going on in California...

Published Mon, Dec 12 2010 10:09 PM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, My Commentaries, California, New Jersey, Wall Street, Finances, bonds, State Government, market, bond rating, municipal bonds, defaults

Centene Anticipates $4.9to $5.1 Billion for Fiscal 2011-Managed Care Firm Revenues Were Over $ 4 Billion in 2009-Algorithms for Profit in Healthcare

Do you wonder where your healthcare dollars go sometimes? Here’s one example of the huge revenues and profits made from the payer side and all attained with those algorithms for business intelligence primarily. The company offers centralized...

Published Thu, Dec 12 2010 2:40 PM by The Medical Quack

Filed under: Medically Related, Insurance, healthcare, health insurance, Wall Street, Algorithms, Profits, dividends, behavioral health, Centene

HCP Inc. To Pay Carlyle Group $6.1 billion for HCR ManorCare's Nursing Home Properties–Biggest Private Equity Deal of the Year

HCP is paying 3.5 billion in cash and the rest is in stock and reinvestment of debt. The nursing home properties are located in Pennsylvania, Florida, Illinois and Michigan. HCP is located in Long Beach, California and is a large investor...

Published Wed, Dec 12 2010 12:54 AM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, Wall Street, Real Estate, private equity, HCR ManorCare, skilled nursing, Carlyle Group, HCP

Federal Judge Declares Requirement for Americans to Carry Health Insurance Unconstitutional–Single Payer by Default Some Day?

Basically I have seen the health reform create some real positives but this part where individuals are required to purchase insurance from companies that are actively traded on the stock market has been one area that leaves a bad taste in the mouth of...

Published Mon, Dec 12 2010 2:50 PM by The Medical Quack

Filed under: Medically Related, Insurance, Politics, Wall Street, Algorithms, healthcare reform, judge, analytics, Obama care

Sergey Aleynikov Found Guilty of Stealing Goldman Sachs Code

I don’t know if we will get to hear additional information on this case but the jury found Sergey Aleynikov of stealing algorithmic computer code on his last day of employment before going to another firm. He did find a way to get the small sized...

Published Sat, Dec 12 2010 1:12 AM by The Medical Quack

Filed under: Other Items of Interest, My Commentaries, Business Intelligence, Code, Wall Street, FBI, Algorithms, Smart people, Goldman Sachs, white collar crime, Sergei Aleynikov, Federal Bureau of Investigation, Zero Hedge

Goldman Code-Theft Trial Begins–Did The Stolen Code Have The Potential to Create Algorithms for High Frequency Trading

If you read here at the Medical Quack often enough you have to see that word, “algorithms” stare you in the face every time you visit here and it is there for good reason. My efforts here are to simply acquaint the layman with a bit of what happens...

Published Tue, Nov 11 2010 8:14 PM by The Medical Quack

Filed under: Insurance, Other Items of Interest, My Commentaries, Business Intelligence, Code, Wall Street, FBI, Algorithms, Smart people, Goldman Sachs, white collar crime, Sergei Aleynikov, Federal Bureau of Investigation, Zero Hedge

Doctor Charged With Inside Trading Relating to Clinical Drug Trial Has Bail Set at 3 Million

The doctor has been charged with 2 counts of securities fraud and is still being held until bail is met. The charges stated he provided inside information to a hedge fund which supposedly allowed the group to voice millions in losses. It appears...

Published Fri, Nov 11 2010 4:02 PM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, healthcare, doctor, Wall Street, Insider Trading, New York, arrest, hedge fund, liver disease, FrontPoint Partners, clinial trials, Human Geonome Sciences

“All the Devils are Here”–Book Review from Jon Stewart About the Blow Up Of Our Financial System (Video)

This is done very well in Jon Stewart style and worth a listen. We all know what happened and what continues to happen and they don’t come out and say it, but it’s “those algorithms” once more that make big bucks! This is pretty funny...

Published Thu, Nov 11 2010 12:18 AM by The Medical Quack

Filed under: Other Items of Interest, My Commentaries, Gambling, Anger, Journalism, Investing, Wall Street, Algorithms, hedge funds, Daily Show, Jon Stewart, financial crisis

China Hits the #1 Spot for Computer System Performance–Cray XE System in US Still Hot and Plays a Role with High Frequency

Just to give you an idea it was only in July of 2009 that I wrote about the Cray XC1-LC system and a clip follows below and now we are up to a Cray 6 core 2.6 model, so this is moving fast. The more powerful the system is, the faster those algorithms...

Published Mon, Nov 11 2010 6:18 PM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, health insurance, Congress, China, Economics, Wall Street, Investments, Servers, Algorithms, Cray computers, Hi powered PCs, Goldman

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