Where is the discussion of the record of the court he was Chief of? Was Mukasey involved in the sweetheart deals arranged for big time R contributors. Take any of the cases involving the SEC and they likely involved SoNY USA and courts.
Example is Tenet Healthcare, and sued by fired USA Carol Lam, guilty of defrauding USG healthcare providers to the tune of BILLIONS and BILLIONS.
Excerpts from: 30 U.S. attorneys investigate BILKING BILLIONS, Medicare, Medicaid, Military’s Healthcare
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x877011How is it that $$ BILLIONS $$ of fraud does not put CEOs in jail?
How is it that $$ BILLIONS $$ of fraud cases seem to evaporate or settle for so little?
Was the Chief Judge of SoNY involved in any of this, especially those sweetheart settlements like the (Ed Gillespie's client) Tenet HC deal?
-----------
SEC Charges Tenet Healthcare Corporation .. Executives With Concealing Scheme
Read the article to see what the penalties to the Executives were--settled w/o a trial or jail time.
http://www.sec.gov/news/press/2007/2007-60.htm-----------
* Tenet Healthcare CEO Jeffrey Barbakow, $143 million. Barbakow gained $111 million exercising stock options, and he received fresh options worth up to $26.4 million. "This was his first stock option exercise since he became CEO in 1993," says Tenet spokesman Harry Anderson....
http://www.usatoday.com/money/companies/management/2002-09-30-cover-cms.htm-----------
Tenet to pay $215 million to settle fraud lawsuits, Barbakow will contribute $1 million
Stephen Taub, CFO.com - January 12, 2006
http://www.cfo.com/article.cfm/5402177?f=relatedTenet Healthcare Corp. has agreed to pay $215 million to settle two lawsuits accusing the company of fraud. The cases alleged that Tenet and a number of former officers and directors made or were responsible for false and misleading statements concerning Medicare payments and other issues. .... the Department of Justice, the Securities and Exchange Commission, and the Department of Health and Human Services are investigating ....
================
SEC Charges Tenet Healthcare Corporation and Four Former Senior Executives With Concealing Scheme to Meet Earnings Targets by Exploiting Medicare System
Tenet Healthcare Corporation Agrees to Pay $10 Million Penalty to Settle Charges
http://www.sec.gov/news/press/2007/2007-60.htmWashington, D.C., April 2, 2007 — The Securities and Exchange Commission today filed civil fraud charges in federal district court against Tenet Healthcare Corporation and its former chief financial officer and co-president, its former chief operating officer and co-president, its former general counsel and chief compliance officer, and its former chief accounting officer for failing to disclose to investors that Tenet's strong earnings growth from 1999 to 2002 was driven largely by its exploitation of a loophole in the Medicare reimbursement system. ... the market value of Tenet's stock plunged by over $11 billion.
.... Tenet agreed to pay a civil penalty of $10 million. ... Without admitting or denying the allegations in the SEC's complaint,
===========================
Has anyone raised questions about the number of SoNY USA office attorneys that moved to be White House counsels? Were they involved in this sweetheart political arrangement and what are their relationships to Mukasey.
Former Sen. Frist cleared in stock probe
By RICHARD POWELSON - April 27, 2007
http://www.scrippsnews.com/node/21982Former Senate Republican leader Bill Frist of Tennessee, is keeping low key about his vindication in two federal probes over the timing of his 2005 sales of all his family's stock in HCA Inc.
When the 19-month-long probes ended with no charges, Frist simply issued a brief written statement to the news media Friday saying he was "pleased" that the findings echoed what "I've said throughout this matter ... (that) I acted properly."
Frist disclosed that he had been notified by both the Securities and Exchange Commission and the U.S. attorney for the southern district of New York that they concluded their inquiries and are taking no action.
--------------
SOURCE: John Byrne, "Company run by Frist's brother made $630m deal two days before he announced he would be leader"
http://rawstory.com/news/2005/Family_company_of_Senate_leader_made_0929.html--------------
HCA - Medicare criminal fraud investigation
http://en.wikipedia.org/wiki/Bill_FristHospital Corporation of America was the subject of a decade-long Federal investigation into double-bookkeeping and suspected criminal fraud involving the billing of Medicare, Medicaid, and Tricare (the federal program that provides health insurance to members of the military and their families). During this period no one in the Frist family had any executive position in HCA. HCA has paid a total of $1.7 billion in fines, the largest fraud settlement in U.S. history. Shortly after Frist assumed his position as Senate Majority Leader, a final fine of $631 million was assessed and the ongoing Justice Department investigation into HCA was dropped. .....
-------------
Insider trading allegations and the SEC Investigations
http://blogs.wsj.com/washwire/2006/11/29/frist-decides-against-%e2%80%9908-presidential-bidOn September 20, 2005, the Associated Press reported that Frist sold his HCA shares, which had been in a blind trust, two weeks before the company announced that earnings would not meet expectations, which caused a substantial drop in the share price..... The U.S. Attorney for the Southern District of New York issued subpoenas to investigate the sale, and the U.S. Securities and Exchange Commission began an investigation. I ... In April 2007, he was exonerated by the SEC and the U.S. Attorney's Office in the Southern District of New York.
-------------
HCA's $630M deal "unbridled greed, systematically defrauded the government's health care programs"
Company run by Frist's brother made $630m deal two days before he announced he would be leader
John Byrne -
http://rawstory.com/news/2005/Family_company_of_Senate_leader_made_0929.html(HCA) settled a massive Medicare fraud lawsuit for $630 million.... as Frist (R-TN) secured the necessary votes to assume the Senate's top post.
... top HCA executives were scheduled to be deposed the following month ... Given that the Justice Department had been investigating HCA since 1993 -- some 120 months -- the coincidence of a settlement date so close to Frist's leadership election is striking.....
... the company was plagued by allegations of fraud,... in 1997, federal agents raided the company's El Paso operations. The following year, the Securities and Exchange Commission began investigating ... Shareholders and insurers then began suing ....
By 1999, eleven states were involved in litigation....
The fraud investigation involved 30 U.S. attorneys' offices, 22 FBI field offices, inspectors general from the Health and Human Service Department and the Office of Personnel Management, Defense Department investigators and state fraud units.
....when the settlement was finally approved, Republican senator Chuck Grassley (R-IA), asserted that the $2.7 billion deal hardly covered the awesome fraud perpetuated by HCA.
"I had to badger the Justice Department to see the math in this case,” Grassley remarked. "At the last minute, the Justice Department agreed to show my investigators why this settlement was the best the government could do. There's no way to know exactly how much HCA pocketed. This case is so complicated, and so huge, that no one will ever know exactly how much HCA took. This case is troubling because it shows how one company, with unbridled greed, systematically defrauded the government's health care programs."
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
