মঙ্গলবার, ২১ মে, ২০১৩

Morgan Stanley sued in 'pay-to-play' retirement plan case

(Reuters) - Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING U.S. Inc and others in exchange for extra fees in an illegal "pay-to-play" scheme.

Skin Pathology Associates Inc. filed suit in federal court in Manhattan on May 16, accusing Morgan Stanley of violating federal laws governing retirement plans through its dealings with co-defendant ING Life Insurance and Annuity Co and other 401(k) service providers.

The Birmingham, Alabama-based laboratory, a customer of Morgan Stanley, is seeking class-action status on behalf of participants in potentially thousands of retirement plans overseen by Morgan Stanley, and retirement plans for which ING provides services.

Skin Pathology said it chose ING to handle record-keeping for its 401(k) plan beginning in July 2007 based on the bank's recommendation.

But it said Morgan Stanley was biased toward ING and other "alliance partners" because the bank would collect additional fees from these partners if they won contracts to provide retirement plan investment and record-keeping services.

Skin Pathology said these fees gave New York-based Morgan Stanley an improper incentive to make referrals, amounting to a conflict of interest that violated the federal Employee Retirement Income Security Act of 1974.

"The additional compensation is purely a 'pay-to-play' fee," the complaint said. "Because Morgan Stanley performs no additional work for the additional compensation, Morgan Stanley's receipt of additional compensation is a prohibited transaction under ERISA."

Skin Pathology seeks to recover the alleged improper fees, a halt to similar fees, and other unspecified damages.

Morgan Stanley spokesman James Wiggins declined to comment on the lawsuit. ING spokesman Joseph Loparco said ING, which has offices in Windsor, Connecticut, denied wrongdoing.

ING U.S., a provider of insurance, retirement and investment services, is majority-owned by Dutch financial group ING Groep NV

The case is Skin Pathology Associates Inc v. Morgan Stanley & Co et al, U.S. District Court, Southern District of New York, No. 13-03299.

(Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)

Source: http://news.yahoo.com/morgan-stanley-sued-pay-play-retirement-plan-case-170331409.html

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Watch Leap Motion Turn a Windows 8 Rig Into a Futuristic Dream Machine

We've already seen what the Leap Motion can do in apps that support it, but it stands to make your everyday OS-level boredom into a futuristic gesture-controlled wonderland too. This new video shows exactly what kind of applications you can look forward to on your Windows 8 machine, at it seems at least as cool as touch.

A similar video showing off the device's Mac potential is in the works as well, but we're already sold. The first stand-alone Leap Motion controllers start shipping this July for $80, and if using them is even half as cool as it looks, we're all in for a treat. [Leap Motion]

Source: http://gizmodo.com/watch-leap-motion-turn-a-windows-8-rig-into-a-futuristi-508951314

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বৃহস্পতিবার, ৯ মে, ২০১৩

YouTube Adds Paid Channel Subscriptions

YouTube Adds Paid Channel Subscriptions
YouTube will let you pay to subscribe to channels with a new pilot program that includes a limited number of channel partners for now. The company listed Jim Henson Family TV and Ultimate Fighting Championship as initial members.

Source: http://www.wired.com/gadgetlab/2013/05/youtube-adds-paid-channel-subscriptions/

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managing fat people - Around the Dinner Table

SnP

Registered: Oct 03, 2012
Posts: 60

Reply with quote?#1?
I have just opened a broucher for an up and coming 'General Practice Conference' in NZ organised by the NZ Medical Association (NZMA) . I was rather?taken aback?to see one of the workshop sessions offered is entitled?"Managing Fat Peolple". No further detail is given but I feel this is really quite an inappropriate title to use in the context of a professional body of medical practitioners.

I was thinking of writing to the NZMA and expressing concern..any others agree?

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YogurtParfait_US

Bulletin Board Moderator
Registered: May 09, 2012
Posts: 2,756

Reply with quote?#2?
I think the wording is disrespectful. It also is not a very descriptive title. Is the session about about weight control? Health issues related to weight? Improving fitness and quality of nutrition in overweight patients? It just isn't clear.
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IrishUp

Mentor
Registered: Sept 05, 2007
Posts: 981

Reply with quote?#3?
Absolutely agree, SnP.

The Rudd Center at Yale University here in the US has done extensive research showing that this kind of bias is actively harmful to patients and leads to poor treatment from healthcare providers and poor outcomes for the patients.

This kind of framing is harmful to people and doesn't lead to positive health behavioral changes. Some links that may be helpful:

http://www.yaleruddcenter.org/resources/upload/docs/what/bias/Public_Perceptions_Public_Health_Campaigns_IJO_9.12.pdf

http://www.yaleruddcenter.org/resources/upload/docs/what/bias/ObesityStigmaPublicHealth_AJPH_6.10.pdf

This is a nice meta analysis showing that the negative effects of provider bias is pervasive in the literature. From the abstract:
Quote:

Results: Ten studies, out of fifteen, were included in this review. Studies examining provider attitudes toward obese patients showed evidence of weight stigma. Other studies examined patient perceptions of provider attitudes, with findings that also lent support to the hypothesis of weight stigma occurring among providers. Quality of care was found to be sub-optimal for obese patients compared to non-obese patients, with decreased rates of preventive services in the obese population. Obese patients were also shown to delay seeking health care due to their perceptions of provider weight stigma.


http://commons.pacificu.edu/pa/207/

Edit to add: as an alternative to that kind of framing, "Healthy At Every Size" measures DO positively impact health outcomes. Reference below.

?

Quote:

Abstract

Current guidelines recommend that ?overweight? and ?obese? individuals lose weight through engaging in lifestyle modification involving diet, exercise and other behavior change. This approach reliably induces short term weight loss, but the majority of individuals are unable to maintain weight loss over the long term and do not achieve the putative benefits of improved morbidity and mortality. Concern has arisen that this weight focus is not only ineffective at producing thinner, healthier bodies, but may also have unintended consequences, contributing to food and body preoccupation, repeated cycles of weight loss and regain, distraction from other personal health goals and wider health determinants, reduced self-esteem, eating disorders, other health decrement, and weight stigmatization and discrimination. This concern has drawn increased attention to the ethical implications of recommending treatment that may be ineffective or damaging.

A growing trans-disciplinary movement called Health at Every Size (HAES) challenges the value of promoting weight loss and dieting behavior and argues for a shift in focus to weight-neutral outcomes. Randomized controlled clinical trials indicate that a HAES approach is associated with statistically and clinically relevant improvements in physiological measures (e.g., blood pressure,

blood lipids), health behaviors (e.g., eating and activity habits, dietary quality), and psychosocial outcomes (such as self-esteem and body image), and that HAES achieves these health outcomes more successfully than weight loss treatment and without the contraindications associated with a weight focus. This paper evaluates the evidence

and rationale that justifies shifting the health care paradigm from a conventional weight focus to HAES.

http://www.biomedcentral.com/content/pdf/1475-2891-10-9.pdf

?

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bontoplen_USA

Registered: Aug 04, 2012
Posts: 536

Reply with quote?#4?
How offending,and what qualifies as "fat"?And why do they need to be managed?Why would anyone go there? Just wrong.
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mamabear

Mentor
Registered: Feb 01, 2011
Posts: 3,154

Reply with quote?#5?
Furious here. As a nurse married to a doctor I am appalled.
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melstevUK

Mentor
Registered: April 29, 2008
Posts: 1,233

Reply with quote?#6?
You hear talk about patient management and management of illnesses, such as conditions such as diabetes or public health threats, for example, and that does not cause offence.

I think the phrase causes offence because in itself?to use the word?'fat' is not a way of describing being ill - and the word itself has negative connotations.? 'Diabetes' is a neutral term.? 'Overweight patients' would be more acceptable - because my undersanding is that there are potential health risks to being overweight, such as high blood pressure.? And you are always a patient if you are on a doctor's list, whether you are fat, thin, tall, short - it's irrelevant.

But if patients are overweight - then maybe checking blood pressure twice a year rather than once a year would be recommended.? I don't know - I'm not a medical person but this seems to me a better expression of what the workshop is likely to be about .? How best to look after the health of different categories of patients, e.g. the elderly.?
But it is quite shocking to hear it phrased in this way, totally agree.

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SnP

Registered: Oct 03, 2012
Posts: 60

Reply with quote?#7?
I am definitely motivated to send a letter to NZMA about this. IrishUp are you OK if I include your excellent references?
I will keep you posted about any response I might get.
I also note that amonst the 100 or so topics offered in the conference not one covers eating disorders.. another suggestion I might make.
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IrishUp

Mentor
Registered: Sept 05, 2007
Posts: 981

Reply with quote?#8?
Absolutely! That's what they're for - to help support your letter & position with data these folks will (hopefully) find convincing.?
Good luck!
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Source: http://www.aroundthedinnertable.org/post/quotmanaging-fat-peoplequot-6333637

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শুক্রবার, ৩ মে, ২০১৩

First Tunguska Meteorite Fragments Discovered

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ASRock Purity Sound motherboards come with better audio shielding, headphone amps

ASRock says its Purity Sound motherboards can replace dedicated sound cards, headphone amps

Not that we were necessarily asking for it, but we now have another spec to weigh up when choosing a new Haswell motherboard. ASRock's A-Style Z87 mobos will come with a bunch of audio-related features collectively called "A-Style: Purity Sound", which the company claims will result in a better signal-to-noise ratio (115dB) compared to regular onboard 7.1-channel circuitry. The boards will also come with a dedicated headphone amp that should be able to high-impedance drive cans up to 600 Ohms, plus DTS Connect for converting PC audio to the DTS codec for optical out. There's some extra shielding around the components, which lends plausibility to the better SNR and the promise of better sound quality -- so Purity Sound probably can't be dismissed as Purity Marketing. In any case, just make sure you also pay this much attention to your next power supply.

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Via: FarEastGizmos

Source: ASRock

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/kXZOTPHq3sI/

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