Did Romney and Santorum Profit From Medicare and Medicaid Fraud? (sure looks like it)

[kpete]

January 17, 2012 08:00 AM
Did Romney and Santorum Profit From Medicare and Medicaid Fraud?
By karoli

Mitt Romney

While at Bain Capital, Mitt Romney led the takeover and investment in Damon Corp. The Boston Globe reports via Deseret News:

Perhaps the most legally thorny was Bain Capital's 1989 purchase of Damon Corp., a Needham medical testing firm that later pleaded guilty to defrauding the federal government of $25 million and paid a record $119 million fine.

Romney sat on Damon's board. During Romney's tenure, Damon executives submitted bills to the government for millions of unnecessary blood tests. Romney and other board members were never implicated.

...........................

But court records suggest that the Damon executives' scheme continued throughout Bain's ownership, and prosecutors credited Corning, not Romney, with cleaning up the situation. Bain, meanwhile, tripled its investment.

Romney personally reaped $473,000.

http://www.deseretnews.com/article/680195957/Plenty-of-pitting-preceded-Romneys-profits.html?pg=10

http://crooksandliars.com/karoli/did-romney-and-santorum-profit-medicare-and
http://hcrenewal.blogspot.com/2012/01/us-presidential-candidates-financial.html

[madrchsod]

1. should we be surprised?.....

i do`t think so.

[emulatorloo]

2. Thanks for posting.