Global banks told the British Bankers' Association, then-administrator of the London Interbank Offered Rate, as early as 2005 that they had purposefully included wrong information for setting the benchmark, according to trial testimony. John Ewan, the BBA executive supervising Libor, has testified in London court that he didn't recognise the concern as a serious problem and therefore didn't act.
Before a House subcommittee Thursday, ANA President Karen Daley requested $251 million in Title VIII federal funding for nursing workforce development as well as $20 million for nurse-managed clinics. Demand for nurses will grow due to a possible 50% increase in Medicare enrollment by 2025, Daley said. The House is not expected to agree to President Barack Obama's proposed budget for nursing.
Doug Lawrence, telemedicine manager at IU Health, explores four best practices that contributed to the organization's successful telehealth implementation. Lawrence says any initiative should foster collaboration between medical care organizations to benefit patients. He adds that holding roundtable meetings and site visits will help determine technical challenges and human errors that may arise with the launch of a telemedicine network.
Congressional investigations into the Christmas Day bombing attempt on a U.S. jetliner have revealed that intelligence agencies sometimes allow suspected terrorists into the U.S. as a way to better monitor their activities. Undersecretary of State Patrick Kennedy told the House Homeland Security Committee that known extremists do not automatically have their visas revoked. "We do take one preliminary step," Kennedy said. "We ask our law enforcement and intelligence community partners, 'Do you have eyes on this person, and do you want us to let this person proceed under your surveillance so that you may potentially break a larger plot?'"
A House Energy and Commerce subcommittee heard testimony Monday that restricting trading in oil futures would lower gasoline prices at the pump. "Prices would probably drop over a reasonably short period of time back to somewhere closer to the marginal production cost of oil, to $65 to $70, ... and I think gas prices would reflect that in a relatively short order," testified hedge fund manager Mike Masters.