Government may have leaked billion dollar Medicare decision

[Linda]

Government may have leaked billion dollar Medicare decision

Read more: http://dailycaller.com/2013/06/10/government-may-have-leaked-billion-dollar-medicare-decision/#ixzz2Vulhq4Gk

At least 436 employees of the Department of Health and Human Services received advance word of an upcoming Medicare decision, and now federal investigators are looking into whether they tipped off Wall Street investors.

A review of emails by Republican Sen. Charles E. Grassley of Iowa found that hundreds of HHS employees received advanced word of a billion-dollar Medicare decision weeks before the official announcement, according to the Washington Post. Trading in Humana and other private health insurers’ stock spiked in the period before the announcement.

Grasseley told Post his office found 436 DHS employees knew of the decision nearly two weeks before it became public.

“This should sound an alarm,” Grassley told the newspaper. “It should result in better controls to avoid unfair access to information that the average investor could never tap.”

Another scandal ...another case of no one is prosecuted or goes to jail....Government corruption continues on it's merry way unimpeded....

[Dori]

Talk about insider trading.  It's sure profitable to work for the government. 

I wonder what Martha Stewart thinks about this?

[Linda]

I bet she is pissed...she goes to jail for the same thing government employees do without even a second look.

[thundley4]

There are too many people involved and they can't all be followed, so they all will get away with it. ~Obama