Making Sen$e Feb 01

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Can finance cure cancer?

How do you drive investors to spend money on cutting-edge cancer treatments? One idea, according to economist Andrew Lo, is to sell securities in a megafund of research projects. Economics correspondent Paul Solman explores how financial engineering could be the…

“We are all insurance companies.” This odd dictum, from the famous American philosopher Charles Sanders Peirce, may serve us well as we struggle to find the best path forward in the health insurance debate.

Feb 15

Britain’s largest bank, HSBC, published a full-page apology letter in several U.K. newspapers Sunday, following allegations that the company’s Swiss private banking arm helped clients dodge taxes and conceal millions of dollars of assets.

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