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More Hippocracy, Greed and Corruption
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Quote:Not to mention in industries such as big oil, the oil companies blame the gas prices on the refineries which the oil companies do not directly own...However, most of the major shareholders of the refineries are the same major shareholders of the big oil companies...I wouldn't be a bit surprised to see the same names and faces on different companies BOD and the same major shareholders in different companies in the health care industry as well... All you have to do is look at the SEC filings of these companies, sometimes they even put it in thier Annual Reports. For instance, Cardinal Health... They are an insurance holding company. They have dozens of subsidiaries that provide health insurance all over the country. They are all centrally organized and basically set the price. Each subsidiary is controlled by the parent. So to think that selling across state lines is gonna make a difference really hasn't thought it through, or is not up to speed on how big business works now. Most industries are consolidated into a few major holding companies... These few holding companies are segmented into subsidiaries that do the same thing under different names. There is a false appearance of competition, if you are not paying attention or aren't working in the field... Here's the list of Cardinal Health's subsidiaries: http://www.sec.gov/Archives/edgar/data/7...dex211.htm |
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