Artificial heart of Medicine of Pennsylvania State University (Penn State Hershey Medical Center) in Hershey, Pennsylvania; and AbioMed, Inc. of Danvers, Massachusetts. Despite considerable progress, the Cleveland program was discontinued after the first five years. Polymeric trileaflet valves ensure unidirectional blood flow with a low pressure gradient and good longevity. State-of-the-art transcutaneous energy transfer eliminates the need for electric wires crossing the chest wall. On July 19, 1963, E. Stanley Crawford and Domingo Liotta implanted the first clinical Left Ventricular Assist Device (LVAD) at The Methodist Hospital in Houston, Texas, in a patient who had a cardiac arrest after surgery. The patient
Corruption in Argentina international banks as Credit Suisse, First Boston Corporation, HSBC Bank Argentina, JP Morgan Securities, and Salomon Smith Barney. The charges pertained to the 2001 Megaswap negotiated between Economy Minister Domingo Cavallo and said banks. Cavallo attempted to avoid a bond default by offering bondholders a swap, whereby longer-term, higher-interest bonds would be exchanged for bonds coming due in 2010. The Megaswap was accepted by most bondholders (particularly banks, which used the Megaswap to shed rapidly depreciating bonds), and delayed up to US$30 billion in payments that would have been due by 2005; but it also added US$38 billion in interest