BRIEFCASE GRAND JURY INDICTS TENET EXECUTIVE.Byline: - Staff and Wire Services SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. - Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. Corp.'s chief executive officer at a hospital in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. County has been indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. by a federal grand jury, the company said Friday. Barry Weinbaum, 49, who oversees Alvarado Hospital Medical Center, was indicted late Thursday by a grand jury in San Diego, Tenet officials said in a statement. The statement said the charges are in connection to payments under physician relocation agreements that were made with a group practice. The practice included a doctor who was convicted of Medicare fraud Medicare fraud Medifraud Medical practice Any unlawful act which results in the inappropriate billing of Medicare for services by a health care provider–eg, physicians, hospitals and affiliated providers. See Medicare. in an unrelated case in 2001. Oracle in takeover bid Noun 1. takeover bid - an offer to buy shares in order to take over the company two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares for PeopleSoft NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Software maker Oracle Corp. launched a $5.1 billion takeover bid Friday for rival PeopleSoft Inc. The unsolicited cash offer is in response to PeopleSoft's move to buy competitor J.D. Edwards & Co. for $1.6 billion. Oracle also announced that it would meet or exceed analysts' estimates for the company's fiscal fourth quarter. Did CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Ebbers 'enhance' profits? McLEAN, Va. - Former WorldCom Inc. chief executive Bernard Ebbers participated in meetings in which company officials discussed ways to make their revenue appear higher than reality, according to an investigative report to be released Monday. The in-depth report provides new information about Ebbers' role in the $11 billion accounting scandal that led to the telecommunications company's bankruptcy, but makes no conclusions about Ebbers' actions at those meetings, according to a WorldCom board member. Dennis Beresford, who was appointed to the WorldCom board after the company filed for bankruptcy, said Ebbers and other senior executives who are potentially facing criminal charges did not talk to the investigators who prepared the report at the company's request. That forced the investigators to rely on scores of documents and memos that did not always provide full details. Ex-Rite Aid execs' trial postponed HARRISBURG, Pa. - The federal fraud and conspiracy trial of two former Rite Aid Corp. executives was postponed for two weeks on Friday, one day after the company's former chief financial officer pleaded guilty in the case. U.S. District Judge Sylvia Rambo agreed to delay the trial of former chief executive Martin L. Grass and former board vice president and chief counsel Franklin C. Brown until June 23. It had been scheduled to begin Monday. The additional time will enable defense attorneys to assess the potential effect of Franklyn M. Bergonzi's guilty plea to one count of conspiracy and his decision to cooperate with prosecutors, said Brown's lawyer Joseph U. Metz. |
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