June 10, 2013
— JohnE. From WaPo.
Hundreds of federal employees were given advance word of a Medicare decision worth billions of dollars to private insurers in the weeks before the official announcement, a period when trading in the shares of those firms spiked.Oh, good. Eric Holder is on the case. I feel better already.The surge of trading in HumanaÂ’s and other private health insurersÂ’ stock before the April 1 announcement already has prompted the Justice Department and the Securities and Exchange Commission to investigate whether Wall Street investors had advance access to inside information about the then-confidential Medicare funding plan.
Posted by: JohnE. at
06:22 AM
| Comments (134)
Post contains 105 words, total size 1 kb.
Posted by: SpongeBob Saget at June 10, 2013 06:25 AM (epxV4)
I just feel sad for the hundreds of thousands of federal employees who DID NOT get the memo.
How special would you feel, knowing your peers were getting in on this good gravy train, and you were left at the station?
So sad...
Posted by: BurtTC at June 10, 2013 06:26 AM (TOk1P)
Posted by: fluffy at June 10, 2013 06:27 AM (z9HTb)
Posted by: fluffy at June 10, 2013 06:28 AM (z9HTb)
Georgie Sorass...
Posted by: Santino at June 10, 2013 06:28 AM (3GuQx)
Posted by: BurtTC at June 10, 2013 06:29 AM (TOk1P)
Someone on the DSS payroll was "sexually assaulting" foreign nationals hired as guards at embassies.
WTF?
Posted by: EC at June 10, 2013 06:29 AM (GQ8sn)
Posted by: Santino at June 10, 2013 06:31 AM (3GuQx)
Posted by: mallfly at June 10, 2013 06:31 AM (bJm7W)
Posted by: SpongeBob Saget at June 10, 2013 06:31 AM (epxV4)
Except that we have no bananas.
Posted by: Bertram Cabot Jr. at June 10, 2013 06:32 AM (Bcaz1)
A Scandal-a-day keeps the public at bay. Cue the Obama response:
"I am outraged.... blah blah blah."
What tough decisions did this professor / community organizer ever have to make? Is it any wonder he can't do anything? He is paralyzed with decision fear.
Posted by: Foghorn Leghorn at June 10, 2013 06:32 AM (EGPJQ)
Posted by: alexthechick - SMOD. Mmmm. Blondies with whipped cream. at June 10, 2013 06:33 AM (VtjlW)
Posted by: Mainah at June 10, 2013 06:34 AM (659DL)
15Drudge has yet another scandal on the front banner involving Dept of State.
Someone on the DSS payroll was "sexually assaulting" foreign nationals hired as guards at embassies.
WTF?
--------------------
Who knew they were hiring Swedish women's volleyball players as embassy guards?
Posted by: No Way! at June 10, 2013 06:34 AM (EGPJQ)
Honestly, if you can predict where this Administration will be six months from now, you deserve to be called the Jean Nostradixonadomus of this generation.
Either there's going to be an overwhelming call by the American people for all this nonsense to stop, or we're going to be successfully and completely converted into a third world banana republic... or something in between.
Who knows.
Posted by: BurtTC at June 10, 2013 06:34 AM (TOk1P)
Posted by: nerdygirl at June 10, 2013 06:34 AM (qAtlQ)
Posted by: Dirks Strewn at June 10, 2013 06:34 AM (VLifP)
Posted by: nerdygirl at June 10, 2013 06:35 AM (qAtlQ)
We are a banana republic.Posted by: fluffy at June 10, 2013 10:25 AM (z9HTb)
Except that we have no bananas.
And it's becoming increasingly debatable whether we're a republic (from res publica, "thing of the people").
Posted by: Jay Guevara at June 10, 2013 06:36 AM (Z2Bkq)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:37 AM (/PCJa)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:38 AM (/PCJa)
Posted by: alexthechick - SMOD. Mmmm. Blondies with whipped cream. at June 10, 2013 06:38 AM (VtjlW)
Posted by: georgeofthedesert at June 10, 2013 06:39 AM (Eq2MX)
Posted by: JEM at June 10, 2013 06:39 AM (o+SC1)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:39 AM (/PCJa)
36 -
Egad, is it June already? I was so hoping we could put June off for another couple months.
Bring it on...
Posted by: BurtTC at June 10, 2013 06:39 AM (TOk1P)
Posted by: nerdygirl at June 10, 2013 06:40 AM (qAtlQ)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:41 AM (/PCJa)
Posted by: Schwalbe at June 10, 2013 06:41 AM (WCi6Q)
Posted by: Texans at June 10, 2013 06:41 AM (wsGWu)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:42 AM (/PCJa)
Posted by: Bevel Lemelisk at June 10, 2013 06:43 AM (5M5r7)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:43 AM (/PCJa)
Posted by: Schwalbe at June 10, 2013 10:41 AM (WCi6Q)
Pro-life, Veteran, Christian, Jewish, Tea Party...
Empire of Jeff is not on their list.
Posted by: Hunker down and L.I.B. at June 10, 2013 06:43 AM (Cs2tJ)
Posted by: backhoe at June 10, 2013 06:44 AM (ULH4o)
I don't see this getting legs.
If only because it's been going on FOREVER, and no one ever seems to care. I think it's because the average American assumes insider trading is the norm.
FWIW, this is why I do mutual funds. Someone else's ass is on the line and no one can ever accuse me of knowing anything. (And I get to blame someone else when it loses but say "see I chose the right fund" when it wins.)
Posted by: tsrblke at June 10, 2013 06:44 AM (GaqMa)
Posted by: t-bird at June 10, 2013 06:45 AM (FcR7P)
Posted by: zsasz at June 10, 2013 06:45 AM (MMC8r)
And here I thought that stock went up because someone said it was undervalued.
Don't I feel silly. Cynicism increasing further...
Posted by: Tilikum The Killer Assault Whale at June 10, 2013 06:46 AM (uhftQ)
Posted by: BubbaLou at June 10, 2013 06:46 AM (qKpun)
Posted by: Rex the Wonder God at June 10, 2013 06:46 AM (D1dpV)
Posted by: nerdygirl at June 10, 2013 06:46 AM (qAtlQ)
Posted by: Brandon In Baton Rouge at June 10, 2013 06:47 AM (JGSJZ)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:47 AM (/PCJa)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:48 AM (/PCJa)
Posted by: Jane D'oh at June 10, 2013 06:48 AM (lVPtV)
Posted by: zsasz at June 10, 2013 06:49 AM (MMC8r)
Posted by: Brandon In Baton Rouge at June 10, 2013 06:49 AM (JGSJZ)
Posted by: JohnE. at June 10, 2013 06:49 AM (nRTou)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:49 AM (/PCJa)
Posted by: Whoopie Pie Goldbrick at June 10, 2013 06:49 AM (PLOz8)
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at June 10, 2013 06:49 AM (Qks/I)
------------------
Anally, is my guess.
Posted by: Mike Hammer at June 10, 2013 06:50 AM (aDwsi)
Posted by: runningrn at June 10, 2013 06:50 AM (PLOz8)
Good morning, Rex. Did you know that your google search records included lots and lots of tranny and bestiality porn?
They do now.
Posted by: PRISM at June 10, 2013 06:51 AM (4WhSY)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:51 AM (/PCJa)
Posted by: Sherry McEvil, Stiletto Corsettes C'est Magnifique at June 10, 2013 10:49 AM (Qks/I)
Hey Sherry! Is this one of your crew?
http://abclocal.go.com/ktrk/story?section=news/local&id=9132446
Posted by: EC at June 10, 2013 06:51 AM (GQ8sn)
Posted by: Achmed The Dead Terrorist at June 10, 2013 06:51 AM (JGSJZ)
Posted by: steevy at June 10, 2013 06:51 AM (9XBK2)
Posted by: nerdygirl at June 10, 2013 10:46 AM (qAtlQ)
Sideways and upside down in every orifice of our bodies...
Posted by: runningrn at June 10, 2013 06:52 AM (PLOz8)
Posted by: JonathanEllis at June 10, 2013 06:52 AM (BdzEV)
Posted by: zsasz at June 10, 2013 06:52 AM (MMC8r)
Ground Air Force One ... no more campaigning.
Obama needs to make each of his Cabinet officials personally responsible, as they make their subordinates personally responsible.
Repeat after me ... "The President is the chief executive."
If he can't do that job ... he should resign
Posted by: Guy Fawkes at June 10, 2013 06:52 AM (e8kgV)
Posted by: AllenG (Dedicated Tenther) at June 10, 2013 06:53 AM (/PCJa)
Posted by: Baldy at June 10, 2013 06:54 AM (tyDFN)
Posted by: Oldsailors Poet Palin/Bolton 2016 at June 10, 2013 06:54 AM (XIxXP)
----
Yeah.... like the Czars are gonna give up the power.
Posted by: fixerupper at June 10, 2013 06:54 AM (nELVU)
O/T but did anyone see the protestor at the French open? Tight pink pants, shirtless, running around clutching a sparkler in his hand: you wouldn't know he was opposing gay marriage. He looked like a "Flaming Flarey"!
Posted by: runningrn at June 10, 2013 06:54 AM (PLOz8)
@whitehouse
At 11:30am ET, President Obama delivers remarks on the 50th anniversary of the #EqualPay Act.
Posted by: Tami[/i][/b][/u][/s] at June 10, 2013 06:55 AM (X6akg)
Posted by: Maxine Waters at June 10, 2013 06:56 AM (V1ZIU)
Posted by: Reality Man at June 10, 2013 06:56 AM (L2x1w)
Posted by: runningrn
Taxing DP's and TP's at double and triple rates respectively is perfectly constitutional.
Posted by: Chief Justice Roberts at June 10, 2013 06:56 AM (BrQrN)
Posted by: zsasz at June 10, 2013 06:56 AM (MMC8r)
Posted by: Maxine Waters, Sheila Jackson Lee, and Cynthia McKinney at June 10, 2013 06:56 AM (JGSJZ)
Posted by: Sphynx at June 10, 2013 06:56 AM (OZmbA)
Posted by: Soona at June 10, 2013 06:57 AM (JrLmT)
Combining info from the linked WaPo story and an earlier WaPo story, here's what happened:
- In mid-March, a decision was made to bribe Sen. Orrin Hatch (Not Exactly R-UT) into supporting an as-yet-unidentified Obama appointee by increasing Medicare Advantage funding by $8 billion.
- At least 446 employees of HHS were made aware of at least the MA decision.
- On April 1, shortly before the close of the markets and before CMS made the announcement, a DC-based brokerage firm leaked the MA decision. That caused a spike in trading on several health insurance firms involved in Medicare Advantage.
- CMS appears to have moved up the announcement of the decision to give cover.
Posted by: steveegg at June 10, 2013 06:58 AM (o44nj)
Posted by: Oldsailors Poet Palin/Bolton 2016 at June 10, 2013 06:59 AM (XIxXP)
---
Bitch, please. Posted by: Maxine Waters, Sheila Jackson Lee, and Cynthia McKinney
------------------
(Ahem)
Posted by: Valerie Jarrett at June 10, 2013 06:59 AM (aDwsi)
Posted by: zsasz at June 10, 2013 07:01 AM (MMC8r)
Posted by: rickb223 at June 10, 2013 07:03 AM (YIZv0)
Posted by: Chief Justice John "Blackmailed" Roberts at June 10, 2013 07:04 AM (MMC8r)
IRSGate - 600 Nixons
Benghazi - 297 Nixons
BenchGate - 400 milliNixons
Posted by: zsasz at June 10, 2013 11:01 AM (MMC8r)
---------------------------------------------
I think you need to reconsider how much damage any of these will do to Dear Leader. Benghazi is off the charts. I really do think that the regime is relieved that these other scandals are taking the lead.
Posted by: Soona at June 10, 2013 07:05 AM (JrLmT)
Posted by: backhoe at June 10, 2013 07:09 AM (ULH4o)
Posted by: Dave in Houston at June 10, 2013 07:09 AM (wB5dd)
That Indian gal who has been the Gayle King to Hillary's Oprah.
Posted by: Fart at June 10, 2013 07:11 AM (2aB+q)
Posted by: TheQuietMan at June 10, 2013 07:19 AM (1Jaio)
Posted by: [/i][/b]akula_51 at June 10, 2013 07:19 AM (Vgn84)
Oh fuck me running it's opinion release day at SCOTUS. "
How is Roberts going to f**k us over this time?
With another tax?
Posted by: rickb223 at June 10, 2013 11:03 AM (YIZv0)
Let me fire up SCOTUSblog. They're already done for the day and ruled on a couple of items:
- They unanimously ruled that arbitrators can authorize class arbitration essentially out of whole cloth when the parties agree that the only recourse is arbitration and the agreement is silent on the issue of class arbitration.
- The liberals (original definition) plus Kennedy ruled that criminals have to be sentenced based on guidelines that were in place when they committed their crimes instead of stiffer guidelines in place at the time of sentencing. That is an overturning of a 7th Circuit ruling.
- They unanimously ruled the raisin producers challenging the federal "must waste part of the crop or be fined" regulation may pursue a takings case.
Posted by: steveegg at June 10, 2013 07:25 AM (o44nj)
IRSGate - 600 Nixons
Benghazi - 297 Nixons
BenchGate - 400 milliNixons
I think you had a typo on Benghazi 297 MegaNixons is the correct number.
Posted by: [/i] An Observation at June 10, 2013 07:38 AM (ylhEn)
Posted by: Mikey NTH - Pirate Scum of Umbar at June 10, 2013 07:50 AM (hLRSq)
FBI agents who eliminated Boston terrorist Tsarnaev mysteriously killed
http://tinyurl.com/otngy5u
Posted by: creeper at June 10, 2013 08:12 AM (vbzvs)
Posted by: Tom Sawyer at June 10, 2013 08:14 AM (7zSvv)
I'm talking about executions like in 'Borgia'.. and not the showtime copycat series either, i'm talking the vdf version.
At this point, will anything else satiate the tree of liberty? Crocodile tears won't be enough to pass as fertilizer this time.
Posted by: Billy Barty at June 10, 2013 08:37 AM (QTvb7)
Posted by: Mr. Underhill at June 10, 2013 08:43 AM (71LDo)
Posted by: caustic at June 10, 2013 08:48 AM (/b8+5)
64Sent an email to Ayotte since she's my senator now, but as we all know those emails just go right in the bucket and you get a canned response after 10 days or whatever.
Just awful.
I realize this is pissing into the wind, however:
Try calling her office...often times on high-boil legislation, there will be a staffer logging calls, with a simple count of FOR vs. AGAINST.
Good luck...
Posted by: Brave Sir Robin at June 10, 2013 09:07 AM (bWBdM)
Posted by: NYC Parent at June 10, 2013 09:19 AM (HEo6y)
Posted by: Your NSA, uh, Verizon representative at June 10, 2013 09:23 AM (JYTVv)
Posted by: BuddyPC at June 10, 2013 10:17 AM (jfUIE)
Posted by: Guido at June 12, 2013 09:07 AM (FUQZi)
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Posted by: Velvet Ambition at June 10, 2013 06:25 AM (R8hU8)