Posted on 06/11/2013 9:08:48 AM PDT by heartwood
Hundreds of federal employees were given advance word of a Medicare decision worth billions of dollars to private insurers in the weeks before the official announcement, a period when trading in the shares of those firms spiked.
The surge of trading in Humana’s and other private health insurers’ stock before the April 1 announcement already has prompted the Justice Department and the Securities and Exchange Commission to investigate whether Wall Street investors had advance access to inside information about the then-confidential Medicare funding plan.
Sen. Charles E. Grassley (R-Iowa) told The Washington Post late last week that his office reviewed the e-mail records of employees at the Department of Health and Human Services and found that 436 of them had early access to the Medicare decision as much as two weeks before it was made public.
(Excerpt) Read more at washingtonpost.com ...
Reporters are Tom Hamburger and Dina ElBoghdady. Really?
Hey! “ElBoghdady” is my middle name!
Tom Hamburger sounds Kosher to me.
“Because it can always get worse.”
Yes, you are right, and we should all be hoping that it does. Another day, another scandal. I remember the line from “The Distinguished Gentleman” ( which is a spoof on the Congress but more true with each passing day) Where Joe Don Baker ( the crooked Congressman) says “I don’t think we can get the $h!t back in the horse.” That’s what we have going on now. There is so much criminal activity in the FUBO Admin, that they are never going to be able to make it go away. Bring on the impeachment!
Bang for later read ................................................................................................. FRegards
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