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Making War Profits on the Back-End: "Carlyle Group" and "Manor Care"

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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 05:23 PM
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Making War Profits on the Back-End: "Carlyle Group" and "Manor Care"

Harpers Magazine's Index claims that the ratio of cost of future care of veterans of the Iraq & Afghani Wars to the amount spent on those wars so far is 1:1 -- approximately $500,000,000,000.00

That number got me thinkin' and sure enough...

Veterans of Foreign Wars Call for VA to Participate in Investigation of Carlyle Takeover of Manor Care Nursing Homes
WASHINGTON, Oct. 26 /PRNewswire/ --

In letter to the VA, VFW cites concerns about possible staff cuts, care problems following private equity takeover of nursing homes.

WASHINGTON, Oct. 26 /PRNewswire-USNewswire/ -- The Veterans of Foreign Wars of the United States (VFW) added its voices to the growing calling for thorough investigation of the Carlyle Group takeover Manor Care nursing homes, citing serious concerns about possible lapses in the quality of care following the private equity takeover.


Two Congressional committees have already announced hearings into the takeover. In a letter to the Department of Veterans' Affairs (VA), the VFW calls for the VA to "play an active role in the investigation."


"The allegation is that these groups may be intentionally jeopardizing the well-being of their residents by cutting expenses and personnel- sometimes below legal minimum requirements- in order to increase profits," wrote Robert E. Wallace, Executive Director. "The Veterans of Foreign Wars of the U.S. shares their concern, especially with the Carlyle Group acquisition of one of your contractors, HCR Manor care..."

http://news.findlaw.com/prnewswire/20071026/26oct20071632.html

Does the self-dealing EVER END with the BFEE?
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ray of light Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 05:52 PM
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1. k and r
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 02:44 PM
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2. kick for non-primary subject lol
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MasonJar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-13-08 05:56 PM
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3. The axis of evil at work again; is there no end to their greed?
What do they need with more money? Their name is worthless now, so what can money buy that compensates for revelations throughout eternity and history of one's deeds of disgrace? You cannot take it with you, but can surely leave a black mark in history and writhe in pain for eternity.
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