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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 04:42 AM
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Light sentence given Henry Kaiser scion
Aug. 22, 2006, 10:31PM
Light sentence given Henry Kaiser scion

By AARON C. DAVIS Associated Press Writer
© 2006 The Associated Press

SACRAMENTO, Calif. — The grandson of the founder of Kaiser Permanente was sentenced Tuesday to a year and a day in jail for his role in a scheme to misappropriate $25 million from a telecommunications company.

Henry Mead Kaiser, the grandson of Henry J. Kaiser, the industrialist who formed the nation's largest health maintenance organization, faced three years or more in jail, but a judge ordered a reduced sentence after Kaiser took steps even prosecutors called extraordinary to begin atoning for his crimes.
(snip)

Kaiser spent the past two years cooperating with police to prosecute his co-defendants. It was the overhaul of Kaiser's own life, however, following his 2004 arrest that impressed the judge.

Kaiser immediately resigned his high-profile jobs as director of Kaiser Hospitals and Health Plans and as a trustee of the Kaiser Family Foundation. He canceled his country club memberships, sold his family estate and put the money in a court registry to compensate SureWest.

After that, Kaiser and his wife moved into a modest rental unit in Oakland where for the past two years they have lived mostly off his wife's $40,000 receptionist salary while Kaiser volunteered with nonprofit groups.
(snip/...)

http://www.chron.com/disp/story.mpl/ap/nation/4135172.html
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 05:07 AM
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1. A very unworthy successor to his grandfather.
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Cooley Hurd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 06:08 AM
Response to Reply #1
3. So true...
If we had more men like Henry J, Sr., in corporate America today, health care and child care wouldn't be issues, that's for sure!
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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 06:44 AM
Response to Reply #1
4. I dunno; it sounds like he's done more to make good...
...than just play CYA like most whitecollar crooks who get caught.

Of course, I'll have to wait and see how he's behaving
in a year and a day, y'know?
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bbernardini Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 05:27 AM
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2. For a second, I thought this was the experimental guitarist...
Turns out the Kaiser family is just really unoriginal when it comes to naming sons. :)
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90-percent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-23-06 07:23 AM
Response to Reply #2
5. odd
Very odd these writers consider Kaiser Permanente Henry J.'s major legacy. He was an industrialist supreme and was directly responsible for the tremendous mass production efforts during World War Two.

He ended up making complete warships from the ground up in about 20 days, maxing out the high production paradigm's of the time.

Pretty damn good at making cars, too.

WW2 was cool because America was so united behind a common cause.
what was accomplished in manufacturing and technology during that time continues to astound me, and I'm no expert.

Yeah, I know WW2 had some major major down sides to it. Obviously...

It would be cool if the USA and the world could unite in some common cause a little more constructive- ending cancer, poverty, disease, global warming, genocide, etc.

But we got a prez that tells us to do more shopping while he single handedly does all the dirty work. When the going gets tough, the tough go shopping, I guess?

-85% Jimmy
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