Walgreen has been dogged in the wake of its contract dispute with pharmacy benefit firm Express Scripts (ESRX) which has caused a flood of customers to switch to rival pharmacies that were in Express Scripts networks.

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Despite claims to the contrary, non-profits and their executive directors both benefit from the existence of an employment contract.

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When backwardation happens, the future contracts of a commodity are actually priced lower than the price of the current month contract at the time of sale, and the investor (or ETF) can benefit by selling the current month high and buying the next month lower.

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Our basic assumption should and must be that someone who does so thinks that, at the time of the contract at least, it will be to their benefit.

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And so what ends up happening is the taxpayer loses the benefit of a better product at a better price because everything is bundled into this huge contract with a giant general contractor who then divvies up the business.

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