Monday, 4 May 2015
Last updated 4 hours ago
Dec 13 2011 | 10:35am ET
U.S. Sen. Chuck Grassley (R-Iowa), the ranking Republican on the Senate Finance Committee, suspects Medicare and Medicaid gave special treatment to information requests from hedge funds.
In a letter sent Monday to the Centers for Medicare and Medicaid Services, Grassley suggested the special treatment also extended to political intelligence brokers who “seek to profit from government information,” reports the Wall Street Journal.
Grassley posed a series of questions to the agency, wanting to know its policy for interactions with non-government employees and how it safeguards information raised during meetings.
The Senator noted that an agency whistleblower had alleged that “high level CMS employees attended lengthy information gathering briefings at the request of hedge funds and political intelligence brokers with no discernible benefit to CMS or the federal government.”
“By arranging for its employees to spend a significant amount of time meeting with these groups, CMS’ actions also rob the American taxpayer of these employees’ full value,” wrote Grassley, citing a Project on Government Oversight report that “more than a dozen senior staff were required to participate in a meeting with a Wall Street firm when their time could have been better spent on official duties.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…