Not buying McGuire’s excuse

June 6, 2008

Donald Woodley: “His advisers state that he has no formal training in finance, accounting or law. They state that his only professional training is as a medical doctor.

Well, excuse me. My only professional training is also as a medical doctor.

However, even I would know it’s not a good idea to accumulate millions of dollars by robbing banks or by backdating stock options. Let the trial begin.”

(via Schwitzer)

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{ 2 comments }

1 Anonymous June 6, 2008 at 2:15 pm

If you tell a lie to get money, it is fraud. That little fact isn’t hard to understand. Whether it is on a stock option grant for a million, or a chart note for $50, when you write down a date as todays date, and it isn’t todays date, you are telling a lie. When you report an event as occuring on a particular date and it occured on another date–whether a stock option grant, or a chart note, you are telling a lie. If you get money out of it, then it is fraud. A high school education isn’t even required for that.

2 Anonymous June 6, 2008 at 11:46 pm

Anybody who has dealt with the nightmarish thugs of UnitedHealth will be happy to see that “Doctor” McGuire may face some justice.

His army of $1000 an hour liars for hire defense attorneys may not be enough. McGuire’s excuse of “I’m just a simple country doctor” is positively laughable!

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