AMA evil, big pharma evil, now you can disregard anything published by the JAMA that you don't like, etc.
For the other side of things,
http://jama.ama-assn.org/cgi/content/full/296.8.jed60051It would be an understatement to say that I have been disappointed by the reaction of several would-be pundits to our initiative to increase transparency around the issue of disclosure of financial interests. They have misinterpreted, misrepresented, or misunderstood the meaning and results of our policy and our ability to manage the problem of authors' failure to disclose. Specifically, failure of the authors to fully disclose their financial ties does not automatically translate to the article being flawed. For example, the JAMA articles cited in this editorial as examples of authors' nondisclosure were all peer reviewed and editorially evaluated and no one has questioned their validity. Moreover, publication of our updated policy and editorial was not a reaction to any published newspaper articles as has been insinuated; the policy and editorial had been prepared weeks before any such media reports appeared.
Most important, there simply is no way to guarantee that all financial relationships and arrangements of all authors are disclosed. It is not feasible to independently investigate the financial relationships of every author, as no comprehensive, up-to-date source of this information exists. Calling every author (for JAMA, that involves thousands of individuals annually) offers no advantage over our current requirement that every author sign a document attesting to his or her financial relationships or lack thereof. Misrepresentation of or failure to completely disclose financial interests on the telephone or in person is not much different than doing so in writing—in fact, one might argue that requiring a signature better encourages honesty.
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...Like these deans, I have also tried to enhance the education of authors via JAMA's expanded disclosure rules. As part of this process, we have made no attempt to conceal the episodes of failure to disclose in a simple correction published in JAMA, and we will continue this approach until it becomes unnecessary. Although our efforts to educate authors about the importance of full disclosure of relevant conflicts of interest and to enforce compliance with tightened rules have not always been received as we might hope, we do see a silver lining—even in the harshest scrutiny. The intensity of public discussion is invaluable, not only for raising the visibility of JAMA's requirements, but also for increasing awareness of the potential influence of money in science as well as for increasing appreciation for the role that full disclosure of potential conflicts of interest plays in ensuring that physicians and patients can properly interpret, and more importantly trust, what they read in JAMA.