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UnitedHealthcare CEO Brian Thompson was one of several senior executives at the company under investigation by the Department of Justice when he was gunned down outside a Manhattan hotel on Wednesday.
Thompson — who was killed in what police called a targeted shooting outside the Hilton hotel in Midtown — exercised stock options and sold shares worth $15.1 million on Feb. 16, less than two weeks before news of the federal antitrust probe went public, according to a Crain’s New York Business report from April.
The stock price dropped sharply after the revelation that the DOJ was investigating whether the company had made acquisitions that consolidated its market position in violation of antitrust laws, a source familiar with the probe told the outlet.
If anyone watches the evening news in the US, they already know why the old main networks are blowing up with the story. They are all funded by big pharma, in step with the insurance companies and the medical oligarchy.
Too bad he died before Trump could nominate him for a position in the Trump Administration.
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UnitedHealthcare CEO Brian Thompson was facing DOJ probe for insider trading when he was killed in targeted NYC shooting
UnitedHealthcare CEO Brian Thompson was one of several senior executives at the company under investigation earlier this year for allegedly dumping over $100 million in company stock months before …nypost.com
Everyone hates the insurers but no one really talks about the massive amount of consolidation on the provider side. Biden's FTC has been looking into anti-trust issues with insurance companies and in large hospital chains but with the change to Trump, don't be surprised if FTC's anti-trust division is targeted for massive budget cuts.My very first thought when this happened was, someone suffered a tremendous amount of pain and loss at the hands of UHC denial of coverage, and they're getting revenge on the CEO for causing it.
All this bullshit is why we need some kind of universal health care based on patient care and not corporate profit.
People are helpless and dying at the hands of corporate power and money, and there is never any recourse or justice. They feel like taking matters into their own hands is the only option.
Didn't something like this happen in France once?
Everyone hates the insurers but no one really talks about the massive amount of consolidation on the provider side. Biden's FTC has been looking into anti-trust issues with insurance companies and in large hospital chains but with the change to Trump, don't be surprised if FTC's anti-trust division is targeted for massive budget cuts.
Well, if you really want to be infuriated, look up the salaries for the execs at your local "not-for-profit" hospital. Not-for-profit hospitals are required to list their executive compensation packages in their annual filings.
Don't be surprised if executive salaries exceed $1 million per year with bonuses that can triple or quadruple their annual income. Just to give you a taste... Ascension Healthcare is a big player in the StL market. The CEO is Joseph Impicciche and his salary in 2022 was over $13 million. Ascension Healthcare has been laying off administrative staff and outsourcing jobs to India to "cut costs" meanwhile the executive compensation at Ascension keeps increasing.
This is why they won't be safe out on the streets any more if people just have had enough and start to deal with the real enemies in the US.Guess who took down their board members' listing?
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