
Also see today's Rich column.
Along the way, television commercials positioned hormone drugs as treatments for more than hot flashes and night sweats — just two of the better-known symptoms of menopause, which is technically defined as commencing one year after a woman’s last menstrual cycle.
One commercial about estrogen loss by the drug maker Wyeth featured a character named Dr. Heartman in a white coat discussing research into connections between menopause and heart disease, Alzheimer’s disease and blindness.
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The suits also assert, based on recently unsealed court documents, that Wyeth oversold the benefits of menopausal hormones and failed to properly warn of the risks.
In a gear-changing sign that the art market is shaking off the recession, Sotheby's auctioned off $134.4 million worth of post-war and contemporary art earlier tonight at its Manhattan salesroom, including a smoky sheet of dollar bills by Andy Warhol that sold for $43.7 million. The sale total surpassed the auction house's own goal of $67.9 million to $97.7 million - and outperformed its $125 million sale of contemporary art last November..
After a year of cautious bidding, the mood in the salesroom Wednesday night grew increasingly upbeat, with fashion designer Valentino Garavani and jeweler Laurence Graff among the winning bidders. The night unquestionably belonged to Warhol. The Pop artist is a household name, but his early 1960s silkscreens rarely surface at auction. That's why at least five bidders, including dealer Jose Mugrabi, chased after the artist's "200 One Dollar Bills," a seminal 1962 piece that Sotheby's last sold more than two decades ago for $300,000. A telephone bidder got it tonight for $43.7 million - over three times its $12 million high estimate - or $218,812.50 for each silkscreened dollar bill in the painting
When Gen. Stanley McChrystal decided to launch a sweeping review of Afghanistan strategy, he reached out to a small, but influential, group of national security wonks.
McChrystal’s “strategic assessment group” included Fred Kagan of the American Enterprise Institute and his wife, Kimberly Kagan of the Institute for the Study of War; Stephen Biddle of the Council on Foreign Relations; Anthony Cordesman of the Center for Strategic and International Studies; Andrew “Abu Muqawama” Exum of the Center for a New American Security; and Jeremy Shapiro of the Brookings Institution.
It wasn’t a particularly unusual move: The military — like corporate America — likes to bring in consultants for an outside view. Take the Joint Campaign Plan for Iraq, the document that lays out the U.S. military’s near-term and long-term goals. That document gets a fresh look every year, and the most recent review included input from think-tankers.
But as our friend Laura Rozen observed, it was also a way to win the hearts and minds of an important constituency: The foreign-policy pundits and op-ed writers who would help sell the new strategy to the public.