Big banks have done lots moaning lately. Every day, it seems, bankers are boo-hooing about financial regulations cutting into their profits. The bigger the bank the louder the sobs.
To replace lost revenues banks are charging new fees and eliminating services that previously were free. Sometimes the new fees spark a hail-storm of protest and the banks back off. Like last year’s failed debit card fee.
But are the banks really as bad off as they want us to believe?
Dozens of East Tennessee doctors have received millions of dollars in fees from major drug companies in recent years, according to an updated report by the ProPublica public interest website.
Some East Tennessee doctors each were paid $50,000 to $100,000 by AstraZeneca, Cephalon, Eli Lilly, Pfizer and other pharmaceutical companies, according to the “Dollars for Docs” update published Wednesday. A total of more than $20 million went to doctors throughout Tennessee from 2009 to 2011.
Payments include speaking and consulting fees, research, travel and meal costs.