Kind of a rambling story here. What is going on? Investors are stripping the companies of their resources leaving bare bones so to speak. If you attempt to hold the prime investor responsible, the judges get in the way the same as we see SCOTUS Chief John Roberts becoming more involved and District Judge Cannon doing so under advisement of Justice Thomas. A report on the taking over of a chain of hospitals by private investors. The antagonist...
Read More »Clawback of money looted by Cerberus, de la Torre, and MPT from Steward Health Care
The third and best source of funds would be a clawback of money looted by Cerberus, de la Torre, and MPT, based on a prosecution for fraudulent conveyance, misrepresentation to shareholders, and other possible criminal charges. As a settlement, restitution would have to be paid to the hospitals, under new ownership. That may yet come, but it would require more aggressive action than we have seen from the state attorney general, Andrea Campbell, to...
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