Martin Powell suggests that the death of the English National Health Service (NHS) has been announced so many times we are at risk of not noticing should it actually happen. He is right. If we ‘cry wolf’ too many times, we risk losing sight of what is important about the NHS and why.

In Feder v. Martin Marietta Corp.' the Court of Appeals for the Second Circuit found Martin Marietta Corporation liable under Section 16(b) of the Securities and Exchange Act of 19342 for shortswing profits realized on the sale of stock of Sperry Rand Corporation, purchased while Martin Marietta's president was on the Sperry board of directors and sold after he resigned that directorship. Marti...