[8mmMauser]

Aw shucks, Soros.

This just in from the WSJ. Could it be WellCare will be on WelFare?

I get so confused because I keep mistaking soros for a contageous disease.

..........................

WellCare Health Plans Inc.'s market value was cut by more than half when the stock reopened Thursday following news of a government raid of the managed-care provider's Florida headquarters.

On Wednesday, state and federal law-enforcement agents armed with a federal search warrant raided WellCare's headquarters in Tampa, Fla.

The New York Stock Exchange subsequently halted trading of shares in WellCare, which provides managed-care plans for 2.3 million Medicare and Medicaid participants nationwide. Before the halt, shares had fallen 5.8% Wednesday to $115.17...........................

WellCare Stock Plummets Following Raid on Headquarters

8mm

[nicmarlo]

I keep mistaking soros for a contageous disease.

I think it is; the question though, is, is it deadly, too?

[floriduh voter]

Am I surprised at today's front page news at www.sptimes.com? The CEO of Wellcare was a GOP "Pioneer" fundraiser and he was rewarded (I mean appointed by President Bush to the SEC). Perhaps the federal officials who benefited from Wellcare are congressmen/women. I see a major conflict of interest that the CEO (name in paper) was benefiting from Medicare & Medicaid in a company that was on the stock exchange was on the SEC. Maybe Harriet Miers' brain never told the President that there was an appearance of impropriety and maybe Wellcare's CEO shouldn't sit on the SEC Board.

How can this CEO of Wellcare be on the SEC and all that stock trading was going on at Wellcare? I thought companies doing business with the government were supposed to play by the rules instead of profiteering which goes beyond capitalism. What if they stole our taxpayer money to enrich Wellcare's stockholders and he's on the SEC?

This is huge but if the press plays the tune of the current administration, this story won't last very long.

Wellcare CEO serves on the SEC while overbilling Medicare and Medicaid. SMELLS REAL BAD.

He may have been using his position at SEC to cover for his alleged grant theft and racketeering against Medicare/Medicaid.

...and he was a RNC Pioneer. That's rich. Or, I should say, he's rich.

If somebody's on the SEC, they are supposed to have scruples and integrity, are they not? Well, that was before RNC fundraisers were nicknamed Pioneers or Mavericks and rewarded with lofty positions in govt just cuz they are big fundraisers. If this ties George Soros to George Bush, oops, it goes back to Terri and why she's no longer with us.

I'm waiting for beginners to post "prove it". I think I already have been for the past four years.

[floriduh voter]

Do you realize that now the FBI will have to investigate the SEC because of the CEO?