Posts Tagged ‘disclosure’

President Romney Demands Financial Disclosure

November 8, 2012

President Romney Demands Financial Disclosure

The Transition Team website for President-Elect Willard Mitt Romney had a sneak preview yesterday, and Political Wire’s Taegan Goddard saved a few screenshots before it went dark again. Looking for a job in the Romney Administration? “Government service is not for everyone,” warns the site, which also cautions:

“The financial holdings and sources of income for most applicants under serious consideration must be disclosed for review for possible conflicts of interest, and any conflicts must be remedied by divestiture, creation of special trusts, etc.”

This from a man who refused to release his own tax information.

Like his economic policies (tax cuts for the rich, corporate deregulation), Mr. Romney appears to have cribbed this from George W. Bush. The Bush transition site language is identical.

This is sad news for Rafalca Romney, a galloping favorite for Cayman Islands Ambassador. Told to turn over tax returns, Rafalca replied “Whoa!”

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It’s Like Full Disclosure, Only … Secret

August 31, 2011

It's Like Full Dislosure, Only ... Secret

The National Institutes of Health has released bold new ethics rules. All NIH grantees, recipients of tens of billions of dollars in public research funds, must reveal their financial ties to big medical and drug corporations to administrators of their institutions, who will then keep the information to themselves.

“The National Institutes of Health New Ethics Rules: A Swing and a Miss,” Paul Thacker and Ned Feder, Project On Government Oversight

“Worst Excuse Ever,” Matthew Yglesias, Think Progress

Short link: http://wp.me/p6sb6-aZT

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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Docs and Disclosure

April 11, 2010

Docs and Disclosure

Drug giant Pfizer paid $20 million in consulting and speaking fees to 4,500 medical professionals in the last six months of 2009.  The corporation, America’s biggest drug company, also paid $15.3 million to U.S. university medical centers for clinical trials of drug products. Corporate disclosure of payments to the people who decide which drugs to recommend is a good thing. right?

Not necessarily, says behavioral economist Dan Ariely. The court-mandated disclosures are designed to reduce conflicts of interest,  but may have the opposite effect:

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