Can Health Plans Impose a Copayment for Preventive Services Received in an ... Becker's ASC Review Q: My group health plan does not impose a copayment for colorectal cancer preventive services when performed in an in-network ambulatory surgery center. ... Health Policy Brief: Preventive Services Without Cost Sharing |
Friday, December 31, 2010
Can Health Plans Impose a Copayment for Preventive Services Received in an ... - Becker's ASC Review
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Wednesday, December 29, 2010
Stock buybacks slow as market grinds lower and credit tightens - South Florida Business Journal:
paramonaxogilozi.blogspot.com
Buybacks are down 65 percentf nationwide this year and as much as 90 percent down in saidMike Burnick, director of research and clientt communications at Palm Beach Gardens-based . “Buybackas used to be seen as the ultimate vote of confidencreby directors,” he noted. The traditional view is that buybacksz can be a genuine boost to currentt stockholder value and a signal to the marketr that the sharesare undervalued. But, they don’ty always deliver as hoped. ( : AN) did two plannedd stock buybacks during the last five withdisappointing results.
It borrowed heavilh to fund the buybacks, which are now worth aboutr 75 percent less than it paidfor “I know why companiea say they do stock buybacks,” investment banker Craig Farlie “They feel their shares are undervaluee in the market, but I’m not sure it’w ever a good idea.” Farlie, who with partnedr Michael Turner, runs Fort Lauderdale-based Farlie Turnerf & Co., shepherds company acquisitions for clients in the $50 milliom to $200 million range. “When they use financial resourceds tobuyback shares, how much do they reall believe in their core business plan?” he asked.
Locall companies with stock buyback programinclude AutoNation, , , , , , , , and Worled Fuel Services. “Stock buybacks are a guns or buttee argument,” said attorney Nick an associate in the Corporate Department of in WestPalm Beach. “Is it being done for the righft reasons and is it the best use ofthe cash? Or would investment in researchu and development or an acquisition be a betterd investment?” For a textbook example of a successfukl stock buyback program, look no furtherd than Coconut Grove-based Watsco (NYSE: which claims to be the nation’s largest heating, ventilating and air conditioninfg systems distributor, with $1.
8 billion in revenue last “The stock buyback program is our third orded of priority for our cash flow aftedr company acquisitions and dividend enhancement,” Watsck Senior VP Barry S. Logan said. The Watscio buybacks started in 1999 andaveragesd $17.69 a share for the 6.4 million shares acquired over the last nine years, accordingf to Logan. Shares are currently sellintg in thelow $30s. Watsco’s dividend has increased from 10 centato $1.80 a shar e – an annual growth rate of 43 percent and the stock currently yields clos e to a 6 percent return.
Attorney Martyu Schrier, a partner in the Miami officdeof K&L Gates, sees stock buybacka when done successfully as boosting companhy per-share earnings and being anti-dilutive, especially when a company issuea options on a large scale. “It tends to balance off the optionx formany companies, but any buyback must conformm to the ’s rule 10b-18, usually referres to as the safe harbort rule,” he said. Undert the safe harbor, or anti-manipulation safeguards, therre are regulations covering when a company can buy its It can’t buy at the opening or duringv the last half-hour of trading.
It is limites to no more than 25 percengt of the trading volumeand can’tr bid the stock higher. “Iyt is not a tool for manipulating thestocj price,” Schrier said, “and a prograjm can’t be started in advance of a proposed stock
Buybacks are down 65 percentf nationwide this year and as much as 90 percent down in saidMike Burnick, director of research and clientt communications at Palm Beach Gardens-based . “Buybackas used to be seen as the ultimate vote of confidencreby directors,” he noted. The traditional view is that buybacksz can be a genuine boost to currentt stockholder value and a signal to the marketr that the sharesare undervalued. But, they don’ty always deliver as hoped. ( : AN) did two plannedd stock buybacks during the last five withdisappointing results.
It borrowed heavilh to fund the buybacks, which are now worth aboutr 75 percent less than it paidfor “I know why companiea say they do stock buybacks,” investment banker Craig Farlie “They feel their shares are undervaluee in the market, but I’m not sure it’w ever a good idea.” Farlie, who with partnedr Michael Turner, runs Fort Lauderdale-based Farlie Turnerf & Co., shepherds company acquisitions for clients in the $50 milliom to $200 million range. “When they use financial resourceds tobuyback shares, how much do they reall believe in their core business plan?” he asked.
Locall companies with stock buyback programinclude AutoNation, , , , , , , , and Worled Fuel Services. “Stock buybacks are a guns or buttee argument,” said attorney Nick an associate in the Corporate Department of in WestPalm Beach. “Is it being done for the righft reasons and is it the best use ofthe cash? Or would investment in researchu and development or an acquisition be a betterd investment?” For a textbook example of a successfukl stock buyback program, look no furtherd than Coconut Grove-based Watsco (NYSE: which claims to be the nation’s largest heating, ventilating and air conditioninfg systems distributor, with $1.
8 billion in revenue last “The stock buyback program is our third orded of priority for our cash flow aftedr company acquisitions and dividend enhancement,” Watsck Senior VP Barry S. Logan said. The Watscio buybacks started in 1999 andaveragesd $17.69 a share for the 6.4 million shares acquired over the last nine years, accordingf to Logan. Shares are currently sellintg in thelow $30s. Watsco’s dividend has increased from 10 centato $1.80 a shar e – an annual growth rate of 43 percent and the stock currently yields clos e to a 6 percent return.
Attorney Martyu Schrier, a partner in the Miami officdeof K&L Gates, sees stock buybacka when done successfully as boosting companhy per-share earnings and being anti-dilutive, especially when a company issuea options on a large scale. “It tends to balance off the optionx formany companies, but any buyback must conformm to the ’s rule 10b-18, usually referres to as the safe harbort rule,” he said. Undert the safe harbor, or anti-manipulation safeguards, therre are regulations covering when a company can buy its It can’t buy at the opening or duringv the last half-hour of trading.
It is limites to no more than 25 percengt of the trading volumeand can’tr bid the stock higher. “Iyt is not a tool for manipulating thestocj price,” Schrier said, “and a prograjm can’t be started in advance of a proposed stock
Sunday, December 26, 2010
International Paper to Host Investor Day on June 9
disqualify-sida.blogspot.com
June 2 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) is hosting an Investotr Day on Tuesday, June 9 from 8 a.m. to noon ET in New York City to discus sthe company's global strategy and long-term goald particularly as they relate to the company's Industriakl Packaging and Printing Papers businesses. The event will be hosted by , chairman and CEO, and will includee presentationsby , chief financial , senior vice president of Industrial and , senior vice president of Printing Communications Papers. In-person attendance is limited to invited memberd of theinvestment community.
However, the eventg will be webcast live, and all interested parties are invited to listehn viaInternational Paper's Internety site at by clicking on the Investors tab and then clicking on the Presentationsw link. A replay of the webcast also will be availables on the Web site beginning approximately threwe hours afterthe presentation. International Paped (NYSE: IP) is a global paper and packaginbg company with manufacturing operations inNorth America, Europe, Latin America, Russia, Asia and North Its businesses include uncoated papers and industrialk and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Tenn.
, the company employs more than 61,50o0 people in more than 20 countries and servescustomerse worldwide. 2008 net sales were approximately $25 For more information about International its products and stewardship visit .
June 2 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) is hosting an Investotr Day on Tuesday, June 9 from 8 a.m. to noon ET in New York City to discus sthe company's global strategy and long-term goald particularly as they relate to the company's Industriakl Packaging and Printing Papers businesses. The event will be hosted by , chairman and CEO, and will includee presentationsby , chief financial , senior vice president of Industrial and , senior vice president of Printing Communications Papers. In-person attendance is limited to invited memberd of theinvestment community.
However, the eventg will be webcast live, and all interested parties are invited to listehn viaInternational Paper's Internety site at by clicking on the Investors tab and then clicking on the Presentationsw link. A replay of the webcast also will be availables on the Web site beginning approximately threwe hours afterthe presentation. International Paped (NYSE: IP) is a global paper and packaginbg company with manufacturing operations inNorth America, Europe, Latin America, Russia, Asia and North Its businesses include uncoated papers and industrialk and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Tenn.
, the company employs more than 61,50o0 people in more than 20 countries and servescustomerse worldwide. 2008 net sales were approximately $25 For more information about International its products and stewardship visit .
Friday, December 24, 2010
State taking applications for BadgerCare Plus - Atlanta Business Chronicle:
http://www.creativejooz.com/atv4kids/
The Core Plan is an expansionh of BadgerCare Plus and provides accesw tothe state’s most chronicallty uninsured population – low-income adults withouf dependent children. “During this difficult budgey environment, it’s important we continue to protect ourbasicd priorities,” Gov. Jim Doyle said in a “Today, we are making affordable health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adultsw with No Dependent Children is a limited plan that covere basic healthcare services, including primar and preventive care and generic drugs to chronically uninsured adults.
People who have been withou health insurance for a year or or lost their health insurance through no faulg of their own and have a limited can applyonline at: . Fundin for the BadgerCare Plus Core Plan is providec through the hospital tax that was approved by the legislature and signedc into law earlierthis year.
The Core Plan is an expansionh of BadgerCare Plus and provides accesw tothe state’s most chronicallty uninsured population – low-income adults withouf dependent children. “During this difficult budgey environment, it’s important we continue to protect ourbasicd priorities,” Gov. Jim Doyle said in a “Today, we are making affordable health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adultsw with No Dependent Children is a limited plan that covere basic healthcare services, including primar and preventive care and generic drugs to chronically uninsured adults.
People who have been withou health insurance for a year or or lost their health insurance through no faulg of their own and have a limited can applyonline at: . Fundin for the BadgerCare Plus Core Plan is providec through the hospital tax that was approved by the legislature and signedc into law earlierthis year.
Tuesday, December 21, 2010
BofA raises almost all of $33.9B buffer - San Francisco Business Times:
http://portableshareware.com/browse-players-1_10.html
billion. Last month, BofA sold $13.r5 billion in common stock. The bank issued 1.25 billiohn shares at an average priceof $10.776 per share. BofA also sold a 5.7 percent stakee in to Asian investors for a gainof $4.5 billion. In BofA agreed to exchange $9.5 billio in preferred shares for 704 milliom shares ofcommon stock. BofA expects to garner $1.3 billionh from reduced dividends on thepreferred shares. The exchange doesn’tt apply to preferred shares held by thefederak government. So far, BofA has boosted its Tier 1 commom capitalby $2.1 billion by reducing a deferred tax-assey deduction. And the bank says it has gainedf anadditional $2 billiobn from the disposition of assets.
As part of the company’s capitapl plan, it could issue up to an additiona 296 millioncommon shares. “We are pleased to have nearlty reached our goalthis quickly,” said Joe chief financial officer. The government said BofA had toraisse $33.9 billion after conducting “stress tests” on the country’s 19 largesr banks. The tests were designed to assess the ability to survive if economic conditions worsen more than expected durinf the nexttwo years. BofA has received a total of $45 billion in taxpayedr aid under thefederal government’s Troubled Asset Reliec Program, which is designed to thaw the crediy markets and boost the economy.
In separatde developments, Charlotte, N.C.-based BofA (NYSE: BAC) sold $3 billiom in five-year notes on May 8 and $2.5 billiohn in 10-year notes on May 28 withoutt guarantees.
billion. Last month, BofA sold $13.r5 billion in common stock. The bank issued 1.25 billiohn shares at an average priceof $10.776 per share. BofA also sold a 5.7 percent stakee in to Asian investors for a gainof $4.5 billion. In BofA agreed to exchange $9.5 billio in preferred shares for 704 milliom shares ofcommon stock. BofA expects to garner $1.3 billionh from reduced dividends on thepreferred shares. The exchange doesn’tt apply to preferred shares held by thefederak government. So far, BofA has boosted its Tier 1 commom capitalby $2.1 billion by reducing a deferred tax-assey deduction. And the bank says it has gainedf anadditional $2 billiobn from the disposition of assets.
As part of the company’s capitapl plan, it could issue up to an additiona 296 millioncommon shares. “We are pleased to have nearlty reached our goalthis quickly,” said Joe chief financial officer. The government said BofA had toraisse $33.9 billion after conducting “stress tests” on the country’s 19 largesr banks. The tests were designed to assess the ability to survive if economic conditions worsen more than expected durinf the nexttwo years. BofA has received a total of $45 billion in taxpayedr aid under thefederal government’s Troubled Asset Reliec Program, which is designed to thaw the crediy markets and boost the economy.
In separatde developments, Charlotte, N.C.-based BofA (NYSE: BAC) sold $3 billiom in five-year notes on May 8 and $2.5 billiohn in 10-year notes on May 28 withoutt guarantees.
Sunday, December 19, 2010
Animosity high for today's Texans-Titans rematch - Houston Chronicle
uzirukynurylew.blogspot.com
Houston Chronicle | Animosity high for today's Texans-Titans rematch Houston Chronicle For the players, the incentive to win today correlates with the animosity the teams feel toward each other. They don't know much about history - the ... |
Thursday, December 16, 2010
PBA: Time to move on after scandal - Portland Business Journal:
yqyqynesara.blogspot.com
”Clearly, the mayor showed a lack of judgmenf in having any contact with Breedlovs before heturned 18, and it was wrontg for him to lie about the relationship when it firsgt became public during his campaign for mayor,” said Sandraz McDonough, the alliance’s president and CEO. “However, the Attorney General has determined that there is no basisx to find that there was illegal contacyt between the mayorand Mr. Breedlove.
For that the attorney general has concludefd that criminal charges will not be and there is no evidence to supportother “It is time to move on: Mayoer Adams must now demonstrate that he can move beyond theswe personal issues and lead the city at a time when leadership is crucial.” The alliance didn’t weigh in on the Adamsw matter when the mayor admitted he lied abouf having a sexual relationship with Beau Breedlove. Attorneg General John Kroger investigated whether Adams may have had sexualp intercourse or improper sexual contact with Breedlove before heturned 18.
”Clearly, the mayor showed a lack of judgmenf in having any contact with Breedlovs before heturned 18, and it was wrontg for him to lie about the relationship when it firsgt became public during his campaign for mayor,” said Sandraz McDonough, the alliance’s president and CEO. “However, the Attorney General has determined that there is no basisx to find that there was illegal contacyt between the mayorand Mr. Breedlove.
For that the attorney general has concludefd that criminal charges will not be and there is no evidence to supportother “It is time to move on: Mayoer Adams must now demonstrate that he can move beyond theswe personal issues and lead the city at a time when leadership is crucial.” The alliance didn’t weigh in on the Adamsw matter when the mayor admitted he lied abouf having a sexual relationship with Beau Breedlove. Attorneg General John Kroger investigated whether Adams may have had sexualp intercourse or improper sexual contact with Breedlove before heturned 18.
Tuesday, December 14, 2010
North State launches digital TV product - The Business Journal of the Greater Triad Area:
belyaevostapuki.blogspot.com
The product uses the High Point-based company’s fibere optic network that extends into Triad neighborhoods to establisbh an alternative tocable TV. It uses Internet Protocol, a technology that delivers video content in digital formatfwith high-definition capabilities and all-digital “With this TV product, we now offer a full menu of broadbande and wireless services that are part of most households said Royster Tucker, North State’s president and chief operating officer. The servics offers more than 80HD channels, digital a video-on-demand library and digital video recordingf capability.
North State said it is placingg fiber cables deeper intoare neighborhoods, launching its TV producr in several neighborhoods initially and then expanding throughou the summer.
The product uses the High Point-based company’s fibere optic network that extends into Triad neighborhoods to establisbh an alternative tocable TV. It uses Internet Protocol, a technology that delivers video content in digital formatfwith high-definition capabilities and all-digital “With this TV product, we now offer a full menu of broadbande and wireless services that are part of most households said Royster Tucker, North State’s president and chief operating officer. The servics offers more than 80HD channels, digital a video-on-demand library and digital video recordingf capability.
North State said it is placingg fiber cables deeper intoare neighborhoods, launching its TV producr in several neighborhoods initially and then expanding throughou the summer.
Saturday, December 11, 2010
Triton Systems to lay off Memphis employees, expansion called off - Memphis Business Journal:
joep-detsamijasa.blogspot.com
and Memphis operations, according to a report on , an onliner newspaper for Biloxi, Gulfport and Mississippj Gulf Coast. Long Beach, Miss.-based Triton employs 45 people in Memphis and 225 peoplde inLong Beach. The a wholly owned subsidiaryof , hasn’r released how many employees will be cut or when the cuts will Calls to the compang were not immediately returned. Triton made the move to layoff employees afte r a sale to a Korea n ATM manufacturer was called off last week due to scrutinyh fromthe U.S. Justice according to the SunHerald.com report.
Memphisd Business Journal reported in September that Triton plannee to double its distribution and repair center in Bartlettr pending regulatory approval of the mergerwith Korea-basedd . The company planned to add 30,00p square feet to its 23,000-square-foot locationm off A.E. Beaty Drive in Bartlett. At the time, Nautiluw Hyosung was “looking at Memphis as a hub” for its distribution and repair according to Dan global services and solutions managedrfor Triton. This would have also mean t a significant number of new jobs forShelby County. Nautilus Hyosuny also had planned to add a new research and developmen t center inLong Beach. Tritonm opened its Bartlett facilityin 2006.
and Memphis operations, according to a report on , an onliner newspaper for Biloxi, Gulfport and Mississippj Gulf Coast. Long Beach, Miss.-based Triton employs 45 people in Memphis and 225 peoplde inLong Beach. The a wholly owned subsidiaryof , hasn’r released how many employees will be cut or when the cuts will Calls to the compang were not immediately returned. Triton made the move to layoff employees afte r a sale to a Korea n ATM manufacturer was called off last week due to scrutinyh fromthe U.S. Justice according to the SunHerald.com report.
Memphisd Business Journal reported in September that Triton plannee to double its distribution and repair center in Bartlettr pending regulatory approval of the mergerwith Korea-basedd . The company planned to add 30,00p square feet to its 23,000-square-foot locationm off A.E. Beaty Drive in Bartlett. At the time, Nautiluw Hyosung was “looking at Memphis as a hub” for its distribution and repair according to Dan global services and solutions managedrfor Triton. This would have also mean t a significant number of new jobs forShelby County. Nautilus Hyosuny also had planned to add a new research and developmen t center inLong Beach. Tritonm opened its Bartlett facilityin 2006.
Wednesday, December 8, 2010
Free buses bring Chapel Hill livability award - St. Louis Business Journal:
http://www.dr-tusch.com/page/presse06.html
The home of the , Chapel Hill beat out more than 200 municipalitie across the nation to claima first-place City Livabilitt Award. Chapel Hill won for citieds with populations of fewerthan 100,000. Charleston, S.C., won for citiesd with populations of morethan 100,000. The contest was judgedf on three criteria: mayoral leadership, creativity and innovation, and the broacd impact on the quality of lifefor residents. The U.S. Conference of Mayorz honored Chapel Hill for its decision in 2002 to no longe r charge fares to any ridefr on itsbus system, the organization said in a presx release.
While many bus systems in collegetowns don’t charge students and faculth to ride, a scant few provide free servicre to all riders. The town implemented the fare-frede system to encourage people to take the bus and leaver their carsat home. The plan Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliohthis year. “The Chape Hill Public Transit systenm is the foundation of oursustainablse future,” Foy said in a press release.
“Thix bus system makes Chapel Hill continue to be the kind of placsepeople love; for us it is an investment and it has paid off big The town says it is planning a “communityy event” to celebrate the livability awared and that it will release detail soon.
The home of the , Chapel Hill beat out more than 200 municipalitie across the nation to claima first-place City Livabilitt Award. Chapel Hill won for citieds with populations of fewerthan 100,000. Charleston, S.C., won for citiesd with populations of morethan 100,000. The contest was judgedf on three criteria: mayoral leadership, creativity and innovation, and the broacd impact on the quality of lifefor residents. The U.S. Conference of Mayorz honored Chapel Hill for its decision in 2002 to no longe r charge fares to any ridefr on itsbus system, the organization said in a presx release.
While many bus systems in collegetowns don’t charge students and faculth to ride, a scant few provide free servicre to all riders. The town implemented the fare-frede system to encourage people to take the bus and leaver their carsat home. The plan Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliohthis year. “The Chape Hill Public Transit systenm is the foundation of oursustainablse future,” Foy said in a press release.
“Thix bus system makes Chapel Hill continue to be the kind of placsepeople love; for us it is an investment and it has paid off big The town says it is planning a “communityy event” to celebrate the livability awared and that it will release detail soon.
Monday, December 6, 2010
It's Not About Tax Cuts. Obama Must Stand in Defense of Government - ColorLines magazine
http://www.fitnessat.com/beauty/87-stretching-exercises.html
Fox News | It's Not About Tax Cuts. Obama Must Stand in Defense of Government ColorLines magazine The government, like most families, must balance its books. “I agree that they need help,†Massachusetts Republican Scott Brown insisted on the Senate floor ... Morning Must Reads: Deal |
Friday, December 3, 2010
Report: D.C. area posts a strong economic performance - Silicon Valley / San Jose Business Journal:
ivanqukeafelovo.blogspot.com
The report ranked the 100 largest U.S. metro areas based on unemployment rates, wages, gross metropolitan product, housingh prices and foreclosure rates in thefirsty quarter. D.C. ranked No. 13, while San Antonio, placed No. 1 and Detroit came in last at No. 100. “Al l metropolitan areas are feeling the effects ofthis recession, but the distressx is not shared equally,” said Alan research director of the metropolitan policyt program at the D.C.
institute and co-author of the “While some areas of the country have experienced only ashallow downturn, and may be emergin from the recession already, people living in metrl areas that are now performing weakesgt economically should prepare themselved for a long recoveru period.” At the first quarter’s end, only 10 of the 100 metrlo areas were starting to show signs of recovery, said the and said McAllen, Texas was the only place that saw growtgh in employment and output. Output increased in just a handfuk ofmetro areas, including Seattle; Austin, Texas; and Virginia Beach, Va..
The reporf also pointed out that metro areas with concentrations of jobs in certaimn sectors have resulted in fewer dramatixjob losses. The Rankings: San Texas Austin, Texas McAllen, Texas Batojn Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
The report ranked the 100 largest U.S. metro areas based on unemployment rates, wages, gross metropolitan product, housingh prices and foreclosure rates in thefirsty quarter. D.C. ranked No. 13, while San Antonio, placed No. 1 and Detroit came in last at No. 100. “Al l metropolitan areas are feeling the effects ofthis recession, but the distressx is not shared equally,” said Alan research director of the metropolitan policyt program at the D.C.
institute and co-author of the “While some areas of the country have experienced only ashallow downturn, and may be emergin from the recession already, people living in metrl areas that are now performing weakesgt economically should prepare themselved for a long recoveru period.” At the first quarter’s end, only 10 of the 100 metrlo areas were starting to show signs of recovery, said the and said McAllen, Texas was the only place that saw growtgh in employment and output. Output increased in just a handfuk ofmetro areas, including Seattle; Austin, Texas; and Virginia Beach, Va..
The reporf also pointed out that metro areas with concentrations of jobs in certaimn sectors have resulted in fewer dramatixjob losses. The Rankings: San Texas Austin, Texas McAllen, Texas Batojn Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
Wednesday, December 1, 2010
Opinion: Either way, Palin is wrong on the Wikileaks issue - DigitalJournal.com
http://www.net-cafe.hu/kepeslapcat.php?kct=14
Globe and Mail | Opinion: Either way, Palin is wrong on the Wikileaks issue DigitalJournal.com Sarah Palin, like some other politicians, sometimes waits to see what others are saying before coming up with her own opinions on major issues because her ... Ex-Harper adviser regrets 'glib' c » |
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