Friday, August 21, 2009 links CEO greed with unmet patient need

If you missed it, here's Robert Greenwald of Brave New Films on the Ed Show, discussing United Health Care CEO Stephen Hemsley's bloated salary--$3.2 million last year with stock options of almost $750 million. And the profits that pay him come from denying care to people in need, and their stories are here as well.

This is not the free market at work, Greenwald says. "This is a manipulated market controlled by a few greedy profiteers who are literally making the money off of the backs of sick people."

Brave New Film's Sick for Profit site has more, while their War on Greed pages feature dispatches from the casino economy's payouts--the bailout, the bonuses, and resistance by labor and community groups. If you want to learn more about the economic consequences of massively subsidizing money-grubbing incompetents, this is a good place to start.

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