Skip to comments.FBI raid shutters Medicare insurer (WellCare - formerly owned by George Soros)
Posted on 10/25/2007 7:52:37 AM PDT by wagglebee
click here to read article
Everyone following this thread may be interested in the thread by 668 - Neighbor of the Beast if they haven't visited it yet. The thread has stirred passions.
TAMPA, Fla. - Republican Fred Thompson sidestepped a question about the Terri Schiavo right-to-die case last month, saying he didn't remember the details. On Monday he said he's uncomfortable discussing it because of his own daughter's death.......................
I think it is; the question though, is, is it deadly, too?
How can this CEO of Wellcare be on the SEC and all that stock trading was going on at Wellcare? I thought companies doing business with the government were supposed to play by the rules instead of profiteering which goes beyond capitalism. What if they stole our taxpayer money to enrich Wellcare's stockholders and he's on the SEC?
This is huge but if the press plays the tune of the current administration, this story won't last very long.
Wellcare CEO serves on the SEC while overbilling Medicare and Medicaid. SMELLS REAL BAD.
He may have been using his position at SEC to cover for his alleged grant theft and racketeering against Medicare/Medicaid.
...and he was a RNC Pioneer. That's rich. Or, I should say, he's rich.
If somebody's on the SEC, they are supposed to have scruples and integrity, are they not? Well, that was before RNC fundraisers were nicknamed Pioneers or Mavericks and rewarded with lofty positions in govt just cuz they are big fundraisers. If this ties George Soros to George Bush, oops, it goes back to Terri and why she's no longer with us.
I'm waiting for beginners to post "prove it". I think I already have been for the past four years.
The CEO of Wellcare was/is on the SEC, appointed by the current administration. This is scandalous.
I’m sure glad the FBI is on this. It’s huge and since there are dems and pubbies involved, everybody’s in trouble and the FBI’s doing the right thing like in the good old days.
Who would have thunk our leaders would discriminate against disabled people but they blatantly are doing so. What about Mitt? His wife has MS.
The CEO of Wellcare sits on the SEC. How untoward and unethical is that? I guess SEC members don’t have to resign their jobs to be on the SEC even if they have potential conflicts of interest?
Why wasn’t Wellcare’s CEO vetted by white house counsel before he was appointe to the SEC? There was WH Counsel Harriet Miers and I can’t recall who her replacement is. Did she leave yet??? Harriet Miers did not vet Wellcare’s CEO. Why not? (other than the fact he’s an RNC “pioneer” fundraiser).
Do you realize that now the FBI will have to investigate the SEC because of the CEO?
Jeb Bush might get caught up in this since this fraud occurred during his governorship.
Oct. 19, 2007
WellCare director Neal Moszkowski sells 10,000 shares for $112.44 apiece to $113.27 apiece
Neal Moszkowski (age 41) has been a member of our board of directors since May 2002, serving as chairman from May 2002 through October 2006. Since April 2005, Mr. Moszkowski has been Co-Chief Executive Officer of TowerBrook Capital Partners LP, a private equity investment company. Prior to joining TowerBrook, Mr. Moszkowski was Managing Director and Co-Head of Soros Private Equity Partners LLC, the private equity investment business of Soros Fund Management LLC, where he served since August 1998. From August 1993 to August 1998, Mr. Moszkowski worked for Goldman, Sachs & Co. and affiliates, where he served as Vice President and Executive Director in the Principal Investment Area. Mr. Moszkowski serves as a director of Bluefly, Inc., Integra LifeSciences Holdings Corporation, JetBlue Airways Corporation and Spheris, Inc. as well as several privately-held companies. Mr. Moszkowski received his undergraduate degree from Amherst College and his masters of business administration from the Graduate School of Business of Stanford University.
Too bad the FBI didn’t raid Hostage Hospice Woodside and rescue Terri but at that time, all orders were for le to stand down and let her die. Glad they’re acting independently now.
Sickly Turn for WellCare
By Melissa Davis
10/25/2007 1:13 PM EDT
Some WellCare insiders managed to escape that crash. Director Neal Moszkowski executed the most recent transaction, selling more than $1 million worth of stock four days before the raid. Meanwhile, WellCare CEO Todd Farha has been unloading company stock for months. He executed his last big transaction, which generated more than $1 million as well, just two weeks ago.
www.sptimes.com today's paper gives the CEO's name. He has a last name like Khan.
Who else could be in hot water? The president, Jeb Bush and current Fla Governor Charlie Crist (one termer, I hope).
It's still no excuse to go for national health care. Just indict, have a trial, send the guilty to jail, make restitution and pay stiff fines. No health care CEO should be on the SEC.
I too am glad the FBI is involved.
I had a Galaxie 500 too. Loved that car! My buds called it the living room because it was almost as big as one inside.
We had many rolling wrestling matches in that car. I'd never tell my kids this today, but the cloth seats were the color of beer. That helped alot because one or 2 were spilled during those wrestling matches.
Would never do that kind of stuff these days. But I was a stupid kid back then and believed the commonly held notion that I would live forever, no matter how many stupid things I did.
If the FBI means business, maybe the bad guys won’t get away this time.