Cerner Corporation (health care information systems, appointed May 2001)–Nancy is a member of Cerner’s board compensation committee. She received $195,051 in board compensation for 2007. Cerner believes in pay for performance, just like Wall Street. It can and will do the same for health care. Nancy controls 27,000 shares of Cerner stock. At $35.25 a share, Ms. DeParle holds $951,750 in Cerner. Isn’t healthcare IT a big part of the President’s health care reform plan?

Boston Scientific (medical devices, appointed April 2006)–Nancy shares a board seat with health care economist Uwe Reinhardt. They served together on Triad Hospitals board, both making millions from the sale. Nancy serves on the executive compensation committee. They utilize pay for performance and carried interest. Her 2007 board compensation was $160,358. She has 60,020 in beneficially owned stock. At $6.66 a share, she controls roughly $400,000 in Boston Scientific stock.

Davita (dialysis care, appointed May 2001)–Nancy serves on DaVita’s board compensation and public policy committees. She holds 38,984 shares of DaVita. At $46.04 per share, that’s nearly $1.8 million. Her 2007 director’s compensation was $193,913.

Legacy Health Partners (for-profit hospitals, privately held)– Ex-Triad CEO Denny Shelton started LHP with funding from CCMP, after CCMP’s bid for Triad failed.

Triad Hospitals (for-profit hospitals)–Nancy grossed $1.4 million from the sale of Triad to Community Health Systems.

Medco Health Solutions (pharmaceutical distribution and pharmacy benefits management)–Nancy was on the board of Accredo Health, which was acquired by Medco.

Guidant Corp (medical device maker)–Nancy’s SEC records show the sale of over 13,000 of Guidant in February of 2004. She exercised options for a quick double, totalling $442,000. Guidant merged with Boston Scientific in 2006. Nancy cashed in 38,000 shares of Guidant in the combination.

Specialty Labs Inc. (laboratory services)–Ms. DeParle served on the Board regulatory committee for the company. For her work she received 38,500 beneficially owned shares. She cashed those out when Welsh, Carson, Anderson and Stowe purchased the firm. WCAS, a fellow PEU, later sold it for a nice profit to Quest Diagnostics.

For links, go to:

http://stateofthedivision.blogspot.com/2009/03/white-house-health-care-reformer-is-peu.html

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001144511&owner=include&count=40

I knew TP would rue the day they post SEC filings. The blues play as dirty as the reds, at least since the Clinton days:

http://stateofthedivision.blogspot.com/2009/03/white-house-health-care-reformer-is-peu.html

The most painful thing about the fall of trolls like AIG goes beyond what it has cost me and other workers — it’s that this was all brought on by a few powerful insiders — and oligarchy, if you will. Thus, as I have written at the blog, the solution is comparatively simple in principle: work to spread democracy not to Iraq or some other foreign land, but within our corporate towers. Sometime last year I wrote a post in which I listed out the Bill of Rights and demonstrated how every single item in that amendment is ignored or flagrantly violated in our corporate offices. If the constitution can’t be honored in a place where many of us spend a third of our lives, what hope is there for a truly democratic future anywhere?

Ding! Ding!! Ding!!!

We’ve got a winner!
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Oooooooo… what do I win? What do I win?

Tits-up and GTFO

Ummm… that they have none?

Ding! Ding!! Ding!!!

We’ve got a winner!

It is strange that Right Wing groups are consistently linked with intentionally deceptive behavior…wonder what that says about their so-called principles?
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Ummm… that they have none?

We ponied up another $30 billion for AIG and dropped an initial $85 billion loan to not more than $25 billion.

Right-Wing Propagandists…

Santelli’s lie-telling…Eric Odom (aka Mr. Philby?) specializes in “astroturfing” (professional lying…go figure!)

It is strange that Right Wing groups are consistently linked with intentionally deceptive behavior…wonder what that says about their so-called principles?

Flagged for being a moron.

Can anyone tell me why it is so important for AIG not to fail?
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It was considered too big to let fall. Wasn’t it the largest insurance company in the world? I thought the “experts” said it was too intertwined w/ too many other companies, that’s its collapse would be like dominoes and bring a whole bunch of others down w/ it.

At least that’s what I remember hearing…

If there is some explanation that they know more than anyone else about the industry, why are they abysmal failures?

If they stay on as CEOs, I think they should agree to work for $1 per year until they turn things around, AND they should be invoiced (payable within 60 days) for bonuses and other extra-compensation they received while their companies foundered.

I can’t keep track of the entire cast of characters, but one of those a$$es arrived in his corporate jet and told Congress he doesn’t need their stinkin’ money (it meant he had to suffer personally). So he prefers that his company goes down and thousands of jobs with it, because of his ego?

I thought that the term discredit implied there was some credit to dis???
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There ya go again… dissing sWatchdog’s cred.

If it’s not one thing, it’s allus another, huh?

I thought that the term discredit implied there was some credit to dis???

Nice job TRoS! Poor trolly slinks away with tail between it’s deformed rear legs…
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He actually makes it too easy. So many of his sources are, how shall we say… a bit ’spotty”. Funny that… he’s on here constantly bashing figures he doesn’t like, yet someone pushes back, and we’re just “discrediting” him.

Oh… the irony.