Texas Methodist Hospitals Did Not Escape Big Banks’ Vise

A. Rashad Abdel-khalik

Chapter 26 in Brazen:Big Banks, Swap Mania and the Fallout, 2019, pp 319-323 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In the State of Texas, the Methodist Health System (MHS), consisting of Methodist Dallas Medical Center, Methodist Charlton Medical Center, Methodist Mansfield Medical Center, and Methodist Richardson Medical Center, has declared its charitable mission in its statement of policy…

Keywords: Swaps; Interest Rate Swap; Unconscionable Contracting; Termination Penalties; Embedded Costs; Paying for Nothing; Gambling; ISDA; Master Agreement; Deceit; Inadequate Disclosure; Hidden Costs; Zero Sum Game; Wealth Transfer; Paper Chasing Paper; Floating Rate; Synthetic Rate; Credit Risk; Demonstrations; Water Shut Off; Union Class Action Suit; The LIBOR Scandal; Non-Profit (search for similar items in EconPapers)
JEL-codes: E43 E44 (search for similar items in EconPapers)
Date: 2019
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