Econ 101: If Hearing Aids Were Hula Hoops

This occasional series has taken intrepid readers through economic concepts such as Utility, Decreasing Marginal Benefit and Willingness to Pay — all assumptions underlying the downward-sloping Price/Quantity Demanded curve that we call a Demand Curve.  As those posts illustrated with Jack and Jill’s different Utilities,  analyzing the logic of consumer choices given their limited resources…

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Oh James, What’s a Centimillionaire?: 2001 Insider Trading Wrap-Up

“The future is already here; it’s just not evenly distributed.”{{1}}[[1]]William Gibson, science fiction author[[1]] 2011 was a BIG year for insider trading, centimillionaires{{2}}[[2]]At least $100 million[[2]], wire-taps, and hidden microphones.  Time to call in James Bond. Directors of Wall Street firms connived with hedge fund tycoons who were detained as flight risks and slammed with 11 year…

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Abandon Ship! Unraveling HearUSA Part 19

Ship’s log for the HearUSA Enterprise,March-May, 2011. March 17, 2011:  Siemens moves to exercise its rights as a secured creditor to take over HearUSA in an SEC petition containing the reassuring note that it “plans to continue operating HearUSA’s business, but … make significant changes to make them more profitable…”  Comment:  It’s about time. March 16-19,…

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To Be or Not To Be: Unraveling HearUSA part 18

Last I checked, HearUSA was set to perish on the railroad tracks because it couldn’t or wouldn’t pay its loans to Siemens.{{1}}[[1]]Despite conflicting reports,  HearUSA claimed in its 2009 SEC Annual Report  that “The Company repaid approximately $8.1 million of Siemens debt from the proceeds of this transaction during 2009, as required under the agreement…

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Who Ya Gonna Serve: Shareholders or Stakeholders?

 If any investors believe that the SEC’s enforcement actions drove insider trading out of the markets, they are beyond mere legal help.{{1}}[[1]]http://www.professorbainbridge.com/professorbainbridgecom/2010/04/is-insider-trading-bad-if-so-why.html[[1]] Back in April, we reported on possible insider trading in the hearing aid industry and promised some educational discussion of fiduciary duty and the stakeholder paradox in a follow-up post{{2}}[[2]]https://hearinghealthmatters.org/hearingeconomics/2011/hearing-aid-insider-trading-big-time-or-bush-league/[[2]].  It’s not stuff…

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