Here are a few business articles of interest that kept me distracted from the subway freaks the past week or so. Still Marching to Purcell's Drumbeat -- talk about corporate governance gone bad ... here's a case of how not to do it, unless you're Machiavellian. This is a tale of Morgan Stanley's CEO & Chairman Philip J. Purcell, who basically got his friends onto Morgan Stanley's board, then proceeded to run the show, with no critical questions being asked. Screw the shareholders! Color-Blind Drug Research Is Myopic -- the US FDA just approved the heart failure drug, BiDil, specifically for the use by blacks. There is clear evidence that, for whatever reason, blacks to seem respond to the drug, more so than people with different genetic histories. This is a move towards personalized medicine, however, the implications to race in medical research is uncertain -- after all, there is no such thing as race. Iran: Rafsanjani's Second Shot at Reform -- w...
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