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: Health Care Fraud Blog

Collapse of Financial Markets and Its Impact Upon National Health Care Priorities

By Robert David, Esq.

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By Benson Weintraub, Esq. FORT LAUDERDALE, FL (October 19, 2008) Economic prognosticators theorized a maximization of wealth through a combination of largely unregulated commercial notes and instruments including sub-prime mortgages secured or subject to credit default swaps or government backed securities; irrespective, the taxpayers were ultimately left holding the billion dollar bag while the investment banks and financial institutions profited by a billion-dollar is the federal government?s subsidies and bailout. The global financial exchanges each sustained similarly devastating losses created by the integral linkage between foreign banks, especially the of Chinese banks and American institutions which ripped through Freddy and Fannie, largely because of a variant of [unregulated] ?insurance,? e...continue to full post

Full post as published by Health Care Fraud Blog on October 19, 2008 (boomark / email).

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