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Troubles At Lehman Brothers, Washington Mutual Further Rattle Wall Street

Friday, September 12, 2008

Turbulence in the American and global investment banking industries became increasingly shaky this week as another Wall Street giant, Lehman Brothers, teetered on the verge of collapse. As one of the nation's largest and oldest investment banks scrambles to avert financial disaster by finding a suitable buyer before time runs out, Wall Street and investors across the world nervously await good news. Rumors of a possible "white-knight" takeover by suitors including Bank of America and British bank Barclays are providing a glimmer of hope, but the future of the beleaguered firm and the fall out from such a move remain…

Continue » Posted in Corporate Fraud

FDA Posts List of Potentially Dangerous Prescription Drugs

Monday, September 08, 2008

The U.S. Food and Drug Administration has for the first time posted on its website a list of potentially unsafe prescription drugs – a move officials said is designed to help consumers and physicians better keep track of drugs currently being reviewed for complications. Each of the 20 drugs now on the list is being further evaluated by the FDA for a variety of potentially life-threatening safety problems, side effects, and complications. The list, released as part of the agency’s Adverse Event Reporting System (AERS), will be updated four times each year, officials said. The list of potentially dangerous prescription…

Continue » Posted in Dangerous DrugsHeparinOxycontinSeroquelTrasylolTysabri

U.S. Bans Lead in Children’s Toys: Critics Wonder What Took So Long

Tuesday, August 19, 2008

One year after millions of children’s toys and products were recalled for containing excessive amounts of toxic lead, the United States has adopted the toughest standard in the world by banning all but trace amounts of lead in toys. While consumer rights groups and some of the nation’s largest toy retailers welcomed the new protection, many wondered why it took so long for the government to take action against toxic toys. About 28,000 deaths each year are linked to unsafe consumer products, including lead-contaminated children’s toys and other products, according to the Consumer Product Safety Commission. More than 33 million…

Continue » Posted in Defective Products

Mark & Associates, P.C. Offering Free Legal Consultations for Hip Patients and Their Families

Tuesday, August 19, 2008

Mark & Associates, P.C., a law firm representing victims of defective medical devices, is investigating reports of defective Zimmer Durom Cup artificial hip devices. The firm has been contacted by numerous patients whose Durom Cup hip replacements have failed and caused them to undergo a second hip replacement surgery. Patients and families of patients who suffered from defective Zimmer Durom Cup hip replacement devices are encouraged to request a free legal consultation at www.ZimmerHipLawsuit.com or by calling 1-866-50-RIGHTS (1-866-507-4448). The Durom Cup went on the market in 2006 and has been implanted in over 12,000 patients. Dr. Lawrence Dorr, an…

Continue » Posted in About The FirmJason MarkMedical Devices

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