You can read this report and it pretty much tells you that someone didn’t get the data input done on time or missed some to coincide with what was advertised…algorithms are also supposed to check and make sure both are in sync too besides a manual data entry operation alone. image  You can read in the article about other settlements as such and that’s pretty much the mechanics of what goes on here.  It’s good though that it does come up as it keeps people on their toes.  Same stuff with those horrible consumer doctor and hospital rating sites.  I can go on there at any time and easily find errors and usually it’s stuff in the mainstream news that has been around for a while that they don’t scan and update.

HealthGrades CEO Founder Joins WorldOne Board–Flawed Data And Broken Algorithms On the Move to Advise Market Research? Algo Duping Society?
HealthGrades Puts Out Top Hospital List–Time to Drop All the Hospital Ratings Sites As Nobody Cares, Many Don’t Have Time To Read and Too Much “Flawed Data”

So if drug stores are held to such tight regulations what in the heck allows Wall Street firms to just walk?  It’s usually the digital illiteracy of the folks running the SEC that lack any real tech knowledge and thus their confidence levels will be dragging bottom too as that’s what happens when knowledge lack.   It was portrayed very well in the PBS documentary “The Untouchables”…DOJ man spoke with no confidence as voice and body language said it all.  I didn’t care what else everyone said, it was clear as day that this was the problem to me. 

“The Untouchables-Too Big to Jail” Frontline Documentary Shows Department of Justice’s Fear of Prosecuting Big Banks–No Confidence In Using Current Day Technologies To Investigate –Video

Everything today has an IT Infrastructure and there will be glitches…so again I call it the Attack of the Killer Algorithms combined with Algo duping.  You can watch videos on that topic here and you will be a much smarter person when you learn a tiny bit about how the mechanics works and the layman can completely understand these videos from folks smarter than me. Some of the attacking algorithms bite a lot worse than others.  

Attack of the Killer Algorithms – “Algo Duping 101″

Their data selling records are off too if the money you spent and is tracked by Walgreens is not accurate either, they make about a billion a year selling your data/data profiles too.  BD

The country's largest drugstore chain, Walgreens, has been accused of overcharging customers.

The lawsuit filed by Missouri's attorney general alleged that “Walgreens has consistently and systematically displayed inaccurate sales tags, overcharged customers and used misleading or confusing in-store signs.”

It's not the first time Walgreen Co. has faced charges of inaccurate pricing. Earlier this year, the retailer settled suits with California and Wisconsin without admitting wrongdoing.

“This level of consumer deception is inexcusable from a corporation as sophisticated as Walgreens,” said Chris Koster, Missouri’s attorney general.


Post a Comment

Google Analytics Alternative