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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 07:01 PM
Original message
Former FDA Chief Sold Stock Before Leaving
Another crook exposed ...

WASHINGTON (AP) - A month before he abruptly resigned as Food and Drug Administration commissioner, Lester Crawford sold more than $50,000 in shares in a company that makes medical devices, according to financial disclosure forms obtained Friday by The Associated Press.

Crawford had reported the sale of a smaller-sized block of stock in the same company, Teleflex Inc., in 2004 following the recommendation of an ethics official, according to an earlier disclosure form. That form appeared to indicate that with the sale, Crawford no longer owned any Teleflex stock.

It was not clear when Crawford had obtained the stock sold in the more recent transaction. Neither he nor his lawyer, Barbara Van Gelder, returned telephone calls and e-mails seeking comment.

As head of the FDA, Crawford oversaw the regulation of medical devices. He gave no reason for his resignation in September 2005. His financial transactions are being investigated by the inspector general at the Health and Human Services Department.

more...

http://www.lasvegassun.com/sunbin/stories/bw-other/2006/mar/03/030308925.html
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mom cat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 07:05 PM
Response to Original message
1. I'm loosing count.
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WhiteTara Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-04-06 12:58 AM
Response to Reply #1
5. I hear you! I'm getting dizzy
Maybe those new KRB detention centers will have some good use. We can put all the repuklican criminals in there forever.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-04-06 08:10 AM
Response to Reply #5
7. A Silver LIning To Every Cloud
and just to be fair, make them pay for their stay, and collect retroactive taxes on them, and RICO them, and....

getting giddy here, folks. Apocalypse will do that to a person.
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Lindsay Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 07:10 PM
Response to Original message
2. It's all fun and games and profit
until they get caught.
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Drum Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 07:27 PM
Response to Reply #2
3. I think that if we sent the convicted
into the GENERAL population of the prisons, a few might not get into corruption...and it would be quite cathartic for the citizens of the nation who are sick of this.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 08:54 PM
Response to Original message
4. I'm sure he wanted to spend more time with his family.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-04-06 01:10 AM
Response to Original message
6. How the hell could the guy have been in charge of overseeing....
... medical devices, when he owned more than $50,000 in stock in a medical device company?

That can't even be legal, right? Or are we that fucked right now?

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