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To: Ironclad
The 10-month audit offers the first comprehensive look at the extent of organizational and management problems at the San Francisco-based agency, which was created by the Legislature in 1914 and is run by state employees. Its five-member board, appointed by the governor, meets in secret, contending that it is not subject to the state's public-record or open-meeting laws.

In response to the audit, State Fund said it recognized "serious shortcomings" in the way it managed group insurance in the past. Responsible executives have been replaced, and "the new program contains explicit safety requirements, safety performance metrics and auditing requirements," it said.

What a bunch of typical big-government hogwash to cover up the incompetent, and almost certainly criminal, waste of taxpayer dollars.

5 posted on 12/11/2007 11:14:11 AM PST by Henchster (Free Republic - the BEST site on the web!)
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To: Henchster

” “the new program contains explicit safety requirements, safety performance metrics and auditing requirements,”
nn

Shhhhhh....!!!!!

Man. It’s like the carbon credit thing. You and I can get in on the ground floor opportunity in the ‘metrics’ market.

We will be marketing a full array of ‘metric’s for purchase and/or investment.

If you want in, send me a cashier’s check for $10,000 and I’ll head to Kinko’s to print up the ‘metric’ certificates.

: )


10 posted on 12/11/2007 11:19:23 AM PST by UCANSEE2 (-Not Afraid of the truth, and the whole truth - Are you?)
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