Sen. Evan Bayh needs to be investigated for corruption.
His wife Susan Bayh has been described by the Fort Wayne, Indiana Journal Gazette as a "professional board member" or "professional director", having been a director of fourteen corporations since 1994 and being a director of eight as of 2006. The Journal Gazette reported that since Susan Bayh began her career as a corporate director, “Sen. Evan Bayh [has] cast more than 3,000 votes, including some on issues of keen interest to the pharmaceutical, broadcast, insurance, food-distribution and finance industries",[9] Since 2003, Sen. Bayh has prohibited his staff from having lobbying contacts with his wife or representatives of the companies she directs. Mrs. Bayh makes very few public statements and has not commented on any perceived conflicts of interest. Sen. Bayh, however, has insisted his wife’s ties have had no bearing on his Congressional actions. “The reality is I don’t even know the people who run the vast majority of her companies. I’ve never even spoken to them,” Bayh told the Journal Gazette. “The reality is, we don’t talk about stuff that she’s involved with.”
Susan Bayh sits on the Board of Directors for Well Point (Blue Cross Blue Shield) and according to his financial disclosures he holds over a HALF AMILLION DOLLARS in Well Point stock.... "Wellpoint Inc $500,001 to $1,000,000 "
http://www.opensecrets.org/pfds/CIDsummary.php?CID=N00003762&year=
On this basis alone he should have to RECUSE himself from ANY votes re health care reform. His intentions to help his wife out and filibuster healthcare reform are dispicable and inexcusable. He was elected to represent THE PEOPLE OF INDIANA NOT WELLPOINT and HIS OWN best interests.
If this isn't corruption and an ongoing conflict of interest I don't know what is. His wife should step down from the Well Point board and he should sell his Well Point stock if he wishes suggest ANY amendments, vote FOR, vote AGAINST helath care reform. Any actions he takes to support or oppose healthcare reform ARE a clear CONFLICT OF INTEREST.
Maybe Hoosiers should consider a Republican, Independent, Conservative or Libertarian next time around to get some to represent them and not themselves!
Top 20 Industries
1. Lawyers/Law Firms $2,434,341
2. Securities & Investment $1,668,014
3. Real Estate $770,645
4. Insurance $624,952
5. Pharmaceuticals/Health Products $426,524
6. Misc Finance $423,851
7. Lobbyists $408,326
8. Retired $386,585
9. Health Professionals $386,512
10. Commercial Banks $382,688
11. Business Services $309,311
12. Pro-Israel $296,495
13. Electric Utilities $268,247
14. TV/Movies/Music $260,272
15. Construction Services $202,030
16. Retail Sales $197,576
17. Accountants $196,110
18. Misc Manufacturing & Distributing $182,800
19. Education $182,394
20. Civil Servants/Public Officials $179,080
Top 20 Contributors
1. Goldman Sachs $167,150 -
GOVERNMENT SACHS AWESOME! His TOP #1 contributor is the crooks that engineered and our the primary beneficiaries our financial collapse now making record profits. Even more than before the collapse! Former Treasury Secretary Scty Hank Paulson was their CEO when the made billions selling CDO's to pension funds, retirement accounts, state & local governments and foreign investors then when they PREDICTED the housing collapse in early 2007 they started "shorting"(betting against) these same CDO's they were selling and that were insured by AIG. The made billions more betting against the very Americans they ripped off then convinded Hank Paulson to bail out AIG and everyone else so AIG could pay them with taxpayer money for the losses that never has to be repaid (because was TARP money paid to would be bankrupt AIG who will NEVER be able to pay the taxpayers back IN FULL so the $60 BILLION in counter party AIG TARP money given to Goldman Sachs WILL BE a WRITEOFF TO AMERICAN TAXPAYERS EVENTUALLY. Great deal. Sounds like some kind of Mafia racketeering operation almost as bad as a Ponzi scheme with the at AMERICANS expense. These traitors need to be in jail for treason!
2. Eli Lilly & Co $107,672 - BIG PHARMA
3. Conseco Inc $102,849
4. Baker & Daniels $95,300
5. State of Indiana $83,198 - What? the state is giving him money subsidizing him from state taxes?????
6. Morgan Stanley $78,800 -
Another TARP recipient. John Mack current Morgan Stanley CEO and former un-prosecuted insider trader I guess the Bush White House and DOJ wasn't his ONLY "friends"I guess if you want to get away with insider trading and not be prosecuted it's good to have friends on BOTH sides of the aisle.
7. Blue Cross/Blue Shield (aka Well Point) $77,900 CONFLICT OF INTEREST!!!!!! Susan Bayh sits on their board of Directors!!!!!!!!!!!!!!!!!!!!!!!!!!!!
8. Carlyle Group $76,050
9. Latham & Watkins $60,875
10. Peabody Energy $57,000
11. Cummins Inc $54,600
12. Orrick, Herrington & Sutcliffe $52,816
13. Qwest Communications $48,391
14. Winston & Strawn $47,659
15. Cinergy Corp $47,450
16. Hogan & Hartson $47,350
17. Simon Property Group $47,150
18. Next Generation $46,750
19. ActBlue $45,468
20. Citigroup Inc $45,143 - TARP receipient!
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PostingID: 1442352009