JP Morgan pays $920m to regulators

[Sailor Steve]

Originally Posted by Simmy

Isn't this the truth?
Same with the drug companies. They make 2 billion dollars on a new drug then end up paying 300 million dollars to pay off the class action law suits.

Wouldn't it be nice if people did just a little research before they repeated what they've been told?
http://www.forbes.com/sites/matthewh...panies-ranked/#
http://en.wikipedia.org/wiki/Drug_development

On the other hand, and to be fair, a pair of economics experts question how much it really costs and come up with some numbers of their own.
http://content.healthaffairs.org/content/25/2/420.long