U of M considering William McGuire as a business school expert

[dflprincess]

:wtf:

Perhaps he will teach a class about how not to get caught back dating your stock options.

http://www.startribune.com/business/28270079.html?cache=n&uccb=1221273830#post_comments

The University of Minnesota is courting William McGuire, the health insurance executive who lost his job in a stock options scandal, as "executive in residence" at its business school.

Stephen Parente, director of the Medical Industry Leadership Institute in the Carlson School of Management, said the school had given him the go-ahead to explore the idea with McGuire, former chief executive of Minnetonka-based UnitedHealth Group.

"We are courting him to be an executive-in-residence at Carlson," Parente said, adding that McGuire's immense experience in health care is what appealed to the university.

The position is a new one and explorations are still highly preliminary, with the possibility of teaching, mentoring and research all on the table. Whether McGuire will be paid is also up in the air.

"Dr. McGuire continues to be active in the health care sector, focusing his time on how to expand access and improve both the efficiency and quality of our current health care system. He also continues to pursue his philanthropic work on issues surrounding access to quality education for disadvantaged people, and preserving and protecting the environment."

Sure, he's got an M.D. - but what does McGuire actually know about health "care" - he spent his career squeezing every dime he could out of the system and into his own pocket. I feel very skeptical about his "focusing his time on how to expand access and improve both the efficiency and quality of our current health care system".

[Lydia Leftcoast]

1. Just reinforces my long-standing observation that

business departments teach an amoral approach to business.